Innodata (NASDAQ:INOD) CEO Jack Abuhoff Sells 76,991 Shares of Stock

Innodata Inc. (NASDAQ:INOD) CEO Jack Abuhoff sold 76,991 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $95.58, for a total value of $7,358,799.78. Following the sale, the chief executive officer directly owned 1,340,456 shares in the company, valued at approximately $128,120,784.48. This trade represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Jack Abuhoff also recently made the following trade(s):

• On Tuesday, May 12th, Jack Abuhoff sold 71,699 shares of Innodata stock. The stock was sold at an average price of $95.60, for a total value of $6,854,424.40.
• On Wednesday, May 13th, Jack Abuhoff sold 94,460 shares of Innodata stock. The stock was sold at an average price of $91.19, for a total value of $8,613,807.40.

Innodata Stock Performance

INOD opened at $90.15 on Friday. The firm has a market cap of $2.94 billion, a P/E ratio of 81.22 and a beta of 2.40. Innodata Inc. has a 52-week low of $33.44 and a 52-week high of $114.77. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.49 and a current ratio of 2.49. The business’s fifty day moving average is $47.42 and its 200-day moving average is $52.97.

Innodata (NASDAQ:INOD) last released its earnings results on Thursday, May 7th. The technology company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.34. The company had revenue of $90.10 million for the quarter, compared to analyst estimates of $76.47 million. Innodata had a return on equity of 37.49% and a net margin of 13.86%.Innodata’s quarterly revenue was up 54.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 EPS. Sell-side analysts expect that Innodata Inc. will post 0.99 EPS for the current fiscal year.

Institutional Trading of Innodata

Several large investors have recently bought and sold shares of the business. Keebeck Wealth Management boosted its stake in Innodata by 5.4% in the first quarter. Keebeck Wealth Management now owns 11,035 shares of the technology company’s stock valued at $426,000 after buying an additional 564 shares in the last quarter. Sei Investments Co. boosted its stake in Innodata by 36.4% in the first quarter. Sei Investments Co. now owns 8,492 shares of the technology company’s stock valued at $328,000 after buying an additional 2,264 shares in the last quarter. State of Wyoming boosted its stake in Innodata by 864.7% in the first quarter. State of Wyoming now owns 7,949 shares of the technology company’s stock valued at $307,000 after buying an additional 7,125 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Innodata in the first quarter valued at about $171,000. Finally, Dimensional Fund Advisors LP grew its position in Innodata by 32.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 583,239 shares of the technology company’s stock worth $22,517,000 after acquiring an additional 142,192 shares during the last quarter. 30.75% of the stock is owned by institutional investors and hedge funds.

Innodata News Summary

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Wedbush raised its price target on Innodata to $100 from $80 and kept an outperform rating, reinforcing the bullish case after the company’s strong Q1 results. Article Title
• Positive Sentiment: Recent coverage continues to highlight Innodata’s blowout Q1 earnings and momentum-driven rally, with investors treating the company as an AI data and infrastructure beneficiary. Article Title
• Neutral Sentiment: Another article said Innodata’s recent earnings may actually be conservative, which supports the growth narrative but does not add a fresh catalyst. Article Title
• Neutral Sentiment: Maxim Group cut several forward EPS estimates, which points to some skepticism on future profitability even though the stock’s recent earnings momentum remains strong.
• Negative Sentiment: CEO Jack Abuhoff sold large blocks of shares in multiple transactions, adding to concerns that insiders may be taking profits after the stock’s big run.
• Negative Sentiment: Director Louise C. Forlenza and COO Ashok Mishra also sold significant stakes, with combined insider sales topping $24 million, which may weigh on sentiment despite the company’s strong operating performance.
• Negative Sentiment: Additional insider-sale and bearish-trading headlines suggest some market participants are hedging against downside following the sharp post-earnings move.

Analyst Ratings Changes

Several analysts have recently issued reports on INOD shares. Wedbush increased their target price on Innodata from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday. Weiss Ratings reissued a “hold (c+)” rating on shares of Innodata in a report on Friday, April 10th. BWS Financial reissued a “top pick” rating and set a $110.00 target price on shares of Innodata in a report on Friday, April 10th. Finally, Wall Street Zen raised Innodata from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Innodata presently has an average rating of “Moderate Buy” and a consensus target price of $105.00.

About Innodata

Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high‐quality, machine‐readable formats that support search, analytics and AI model training.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.