Innodata Inc (NASDAQ:INOD) Major Shareholder Sells $10,609.87 in Stock

Innodata Inc (NASDAQ:INOD) major shareholder Luzich Partners Llc sold 7,633 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $1.39, for a total transaction of $10,609.87. Following the sale, the insider now directly owns 2,637,926 shares of the company’s stock, valued at approximately $3,666,717.14. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Luzich Partners Llc also recently made the following trade(s):

  • On Monday, November 4th, Luzich Partners Llc sold 37,600 shares of Innodata stock. The stock was sold at an average price of $1.35, for a total transaction of $50,760.00.
  • On Friday, October 25th, Luzich Partners Llc sold 228 shares of Innodata stock. The stock was sold at an average price of $1.33, for a total transaction of $303.24.
  • On Wednesday, October 30th, Luzich Partners Llc sold 10,080 shares of Innodata stock. The stock was sold at an average price of $1.28, for a total transaction of $12,902.40.
  • On Wednesday, October 23rd, Luzich Partners Llc sold 7,314 shares of Innodata stock. The stock was sold at an average price of $1.37, for a total transaction of $10,020.18.
  • On Monday, October 21st, Luzich Partners Llc sold 423 shares of Innodata stock. The stock was sold at an average price of $1.37, for a total transaction of $579.51.
  • On Friday, October 18th, Luzich Partners Llc sold 94 shares of Innodata stock. The stock was sold at an average price of $1.37, for a total transaction of $128.78.
  • On Wednesday, October 16th, Luzich Partners Llc sold 1,069 shares of Innodata stock. The stock was sold at an average price of $1.38, for a total transaction of $1,475.22.
  • On Monday, October 14th, Luzich Partners Llc sold 595 shares of Innodata stock. The stock was sold at an average price of $1.37, for a total transaction of $815.15.
  • On Monday, September 30th, Luzich Partners Llc sold 1,500 shares of Innodata stock. The stock was sold at an average price of $1.33, for a total transaction of $1,995.00.
  • On Friday, September 27th, Luzich Partners Llc sold 43 shares of Innodata stock. The stock was sold at an average price of $1.35, for a total transaction of $58.05.

NASDAQ INOD opened at $1.32 on Friday. The company has a fifty day simple moving average of $1.33 and a 200 day simple moving average of $1.18. Innodata Inc has a 12-month low of $0.88 and a 12-month high of $2.05. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.71 and a quick ratio of 1.71.

Innodata (NASDAQ:INOD) last posted its quarterly earnings results on Thursday, August 8th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. Innodata had a negative net margin of 3.09% and a negative return on equity of 5.75%. The business had revenue of $13.64 million during the quarter.

Separately, ValuEngine raised shares of Innodata from a “hold” rating to a “buy” rating in a research report on Thursday, October 17th.

About Innodata

Innodata Inc operates as a digital services and solution company worldwide. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility PR Solutions (Agility). The DDS segment combines deep neural networks and human expertise to make unstructured information useable for various domains, including health, science, and law.

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Insider Buying and Selling by Quarter for Innodata (NASDAQ:INOD)

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