Innodata Inc. (NASDAQ:INOD – Get Free Report) CFO Marissa B. Espineli sold 38,333 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $47.17, for a total value of $1,808,167.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Innodata Stock Performance
Shares of Innodata stock opened at $44.77 on Friday. Innodata Inc. has a 12 month low of $5.46 and a 12 month high of $49.72. The firm has a market capitalization of $1.30 billion, a P/E ratio of 75.88 and a beta of 2.30. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $23.23 and a two-hundred day simple moving average of $18.21.
Institutional Investors Weigh In On Innodata
Institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in shares of Innodata by 11.2% during the first quarter. BNP Paribas Financial Markets now owns 22,208 shares of the technology company’s stock valued at $147,000 after buying an additional 2,230 shares during the last quarter. Vanguard Group Inc. lifted its position in Innodata by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 1,460,430 shares of the technology company’s stock valued at $9,639,000 after acquiring an additional 28,173 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Innodata by 6.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,348 shares of the technology company’s stock valued at $102,000 after purchasing an additional 982 shares during the last quarter. Janus Henderson Group PLC bought a new stake in shares of Innodata in the 1st quarter worth $8,142,000. Finally, Elkhorn Partners Limited Partnership purchased a new stake in shares of Innodata during the first quarter valued at $94,000. 30.75% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Check Out Our Latest Report on Innodata
Innodata Company Profile
Innodata Inc operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.
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