Innodata (NASDAQ:INOD) Trading Up 10.3% – Still a Buy?

19 Dec 2025, 21:32 by Kim Johansen · The Markets Daily

Innodata Inc. (NASDAQ:INOD – Get Free Report)’s share price shot up 10.3% during mid-day trading on Friday . The company traded as high as $52.54 and last traded at $52.89. 963,846 shares were traded during mid-day trading, a decline of 53% from the average session volume of 2,058,011 shares. The stock had previously closed at $47.95.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Innodata from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Zacks Research lowered Innodata from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. BWS Financial reiterated a “buy” rating and issued a $110.00 price objective on shares of Innodata in a report on Tuesday, November 11th. Finally, Wedbush increased their target price on Innodata from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Innodata currently has an average rating of “Moderate Buy” and an average target price of $91.67.

Check Out Our Latest Stock Report on INOD

Innodata Stock Up 10.5%

The firm has a market cap of $1.69 billion, a PE ratio of 54.64 and a beta of 2.39. The company has a quick ratio of 2.69, a current ratio of 2.69 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $63.93 and a two-hundred day moving average price of $56.24.

Innodata (NASDAQ:INOD – Get Free Report) last released its earnings results on Thursday, November 6th. The technology company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. Innodata had a return on equity of 41.67% and a net margin of 14.11%.The firm had revenue of $62.55 million during the quarter, compared to analyst estimates of $59.78 million. Innodata’s revenue for the quarter was up 19.8% on a year-over-year basis. On average, equities research analysts expect that Innodata Inc. will post 0.81 EPS for the current year.

Insider Buying and Selling

In other Innodata news, Director Louise C. Forlenza sold 8,278 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $65.00, for a total transaction of $538,070.00. Following the completion of the transaction, the director owned 3,943 shares in the company, valued at $256,295. The trade was a 67.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Ashok Mishra sold 200,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $61.39, for a total transaction of $12,278,000.00. Following the completion of the sale, the chief operating officer owned 60,000 shares in the company, valued at $3,683,400. The trade was a 76.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 236,372 shares of company stock worth $14,572,507 over the last 90 days. Insiders own 12.20% of the company’s stock.

Hedge Funds Weigh In On Innodata

Several large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new position in shares of Innodata during the 2nd quarter worth about $36,000. Global Retirement Partners LLC purchased a new stake in Innodata during the third quarter worth approximately $50,000. IFP Advisors Inc boosted its holdings in Innodata by 1,567.5% in the third quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock valued at $51,000 after purchasing an additional 627 shares in the last quarter. Goodman Advisory Group LLC purchased a new position in Innodata in the third quarter valued at approximately $52,000. Finally, Toth Financial Advisory Corp raised its holdings in Innodata by 40.2% during the second quarter. Toth Financial Advisory Corp now owns 1,150 shares of the technology company’s stock worth $59,000 after purchasing an additional 330 shares in the last quarter. Hedge funds and other institutional investors own 30.75% of the company’s stock.

About Innodata

(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.