Innodata (NASDAQ:INOD) CEO Jack Abuhoff Sells 71,699 Shares of Stock

Posted by Francis Steltz on May 15th, 2026

Innodata Inc. (NASDAQ:INOD – Get Free Report) CEO Jack Abuhoff sold 71,699 shares of Innodata stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $95.60, for a total value of $6,854,424.40. Following the completion of the sale, the chief executive officer directly owned 1,340,456 shares of the company’s stock, valued at $128,147,593.60. The trade was a 5.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

On Thursday, May 14th, Jack Abuhoff sold 76,991 shares of Innodata stock. The stock was sold at an average price of $95.58, for a total value of $7,358,799.78.
On Wednesday, May 13th, Jack Abuhoff sold 94,460 shares of Innodata stock. The shares were sold at an average price of $91.19, for a total value of $8,613,807.40.

Innodata Stock Performance

Shares of INOD opened at $90.15 on Friday. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.07. The business has a 50-day simple moving average of $47.42 and a two-hundred day simple moving average of $52.97. The stock has a market cap of $2.94 billion, a price-to-earnings 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.

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

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wall Street Zen upgraded Innodata from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Innodata in a research note on Friday, April 10th. Wedbush upped their price objective on Innodata from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, BWS Financial reaffirmed a “top pick” rating and issued a $110.00 price objective on shares of Innodata in a research note on Friday, April 10th. One 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $105.00.

Check Out Our Latest Stock Analysis on INOD

Key Headlines Impacting Innodata

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.

Hedge Funds Weigh In On Innodata

Hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of Innodata in the fourth quarter worth about $26,000. Farther Finance Advisors LLC boosted its stake in shares of Innodata by 506.0% in the fourth quarter. Farther Finance Advisors LLC now owns 806 shares of the technology company’s stock worth $41,000 after acquiring an additional 673 shares during the period. Fifth Third Bancorp bought a new position in shares of Innodata in the first quarter worth about $45,000. Global Retirement Partners LLC bought a new position in shares of Innodata in the third quarter worth about $50,000. Finally, IFP Advisors Inc boosted its stake in shares of Innodata by 1,567.5% in the third quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock worth $51,000 after acquiring an additional 627 shares during the period. Institutional investors own 30.75% of the company’s stock.

Innodata Company Profile

(Get Free Report)

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.