Innodata (NASDAQ:INOD) Director Louise Forlenza Sells 18,000 Shares of Stock

Posted by Geri Gentry on May 22nd, 2026

Innodata Inc. (NASDAQ:INOD – Get Free Report) Director Louise Forlenza sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $94.47, for a total transaction of $1,700,460.00. Following the transaction, the director owned 3,943 shares of the company’s stock, valued at approximately $372,495.21. This represents a 82.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Innodata Trading Up 4.0%

Shares of INOD stock opened at $98.53 on Friday. Innodata Inc. has a fifty-two week low of $33.77 and a fifty-two week high of $114.77. The stock’s fifty day moving average price is $52.39 and its two-hundred day moving average price is $53.60. 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 company has a market cap of $3.22 billion, a PE ratio of 88.77 and a beta of 2.40.

Innodata (NASDAQ:INOD – Get Free Report) last posted 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. Innodata had a return on equity of 37.49% and a net margin of 13.86%.The company had revenue of $90.10 million during the quarter, compared to analysts’ expectations of $76.47 million. During the same quarter in the previous year, the firm earned $0.22 EPS. Innodata’s revenue was up 54.5% on a year-over-year basis. Equities analysts predict that Innodata Inc. will post 0.99 EPS for the current fiscal year.

Hedge Funds Weigh In On Innodata

Several large investors have recently bought and sold shares of INOD. AQR Capital Management LLC grew its holdings in shares of Innodata by 446.4% during the first quarter. AQR Capital Management LLC now owns 90,968 shares of the technology company’s stock worth $3,266,000 after purchasing an additional 74,320 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Innodata by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,085 shares of the technology company’s stock valued at $577,000 after buying an additional 711 shares during the last quarter. Millennium Management LLC raised its holdings in Innodata by 30.7% in the 1st quarter. Millennium Management LLC now owns 142,608 shares of the technology company’s stock valued at $5,120,000 after buying an additional 33,473 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Innodata by 16.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 20,375 shares of the technology company’s stock worth $1,044,000 after buying an additional 2,816 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in Innodata by 1,527.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,422 shares of the technology company’s stock worth $483,000 after buying an additional 8,843 shares during the period. 30.75% of the stock is currently owned by institutional investors.

Key Stories Impacting Innodata

Here are the key news stories impacting Innodata this week:

Positive Sentiment: Innodata’s latest earnings beat was strong, with EPS of $0.42 versus $0.08 expected and revenue of $90.1 million versus $76.47 million estimated. Revenue also rose 54.5% year over year, reinforcing confidence in the company’s AI-related growth.
Positive Sentiment: Wedbush raised its price target on Innodata to $100 from $80 and kept an outperform rating, supporting the case that Wall Street still sees upside after the stock’s big run.
Positive Sentiment: Recent commentary continues to frame Innodata as a potential beneficiary of accelerating AI spending, with articles comparing it favorably to other AI data names and highlighting possible further upside. Article Title
Neutral Sentiment: Institutional investors have been adding to positions, which is supportive over time, but it is not a near-term catalyst by itself.
Negative Sentiment: Recent insider selling has been heavy, including CEO Jack Abuhoff and Director Louise C. Forlenza selling shares. That can create some caution among investors, especially after the stock’s sharp advance.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on INOD. BWS Financial reissued a “top pick” rating and issued a $110.00 target price on shares of Innodata in a report on Friday, April 10th. Weiss Ratings cut shares of Innodata from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Wall Street Zen raised shares of Innodata from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Wedbush raised their target price on shares of Innodata from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.00.

Check Out Our Latest Analysis on Innodata

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.