Rathbones Group PLC Cuts Position in Innodata Inc. $INOD

Rathbones Group PLC lessened its position in shares of Innodata Inc. (NASDAQ:INOD) by 17.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,410 shares of the technology company’s stock after selling 25,174 shares during the quarter. Rathbones Group PLC’s holdings in Innodata were worth $6,084,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in Innodata by 506.0% during the 4th quarter. Farther Finance Advisors LLC now owns 806 shares of the technology company’s stock valued at $41,000 after buying an additional 673 shares in the last quarter. IFP Advisors Inc grew its holdings in Innodata by 1,567.5% during the 3rd quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock valued at $51,000 after buying an additional 627 shares in the last quarter. Goodman Advisory Group LLC purchased a new position in Innodata during the 3rd quarter valued at approximately $52,000. FNY Investment Advisers LLC grew its holdings in Innodata by 2,675.0% during the 4th quarter. FNY Investment Advisers LLC now owns 1,030 shares of the technology company’s stock valued at $52,000 after buying an additional 1,070 shares in the last quarter. Finally, Hollencrest Capital Management purchased a new position in Innodata during the 3rd quarter valued at approximately $60,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

Analysts Set New Price Targets

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

Innodata Trading Up 4.0%

Shares of NASDAQ INOD opened at $98.53 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 fifty day simple moving average of $52.39 and a two-hundred day simple moving average of $53.60. The firm has a market cap of $3.22 billion, a PE ratio of 88.77 and a beta of 2.40. Innodata Inc. has a twelve month low of $33.77 and a twelve month high of $114.77.

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

Insider Buying and Selling at Innodata

In other Innodata news, CEO Jack Abuhoff sold 150,000 shares of Innodata stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $93.46, for a total transaction of $14,019,000.00. Following the completion of the sale, the chief executive officer directly owned 1,340,456 shares of the company’s stock, valued at $125,279,017.76. The trade was a 10.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stewart R. Massey sold 10,000 shares of Innodata stock in a transaction on Friday, May 15th. The shares were sold at an average price of $96.00, for a total value of $960,000.00. Following the sale, the director directly owned 11,000 shares of the company’s stock, valued at approximately $1,056,000. This trade represents a 47.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 976,851 shares of company stock valued at $90,764,451 in the last ninety days. Corporate insiders own 11.80% of the company’s stock.

Trending Headlines about 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.

Innodata Company Profile

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.