Innodata Inc. (NASDAQ:INOD) COO Ashok Mishra Sells 50,000 Shares

Innodata Inc. (NASDAQ:INOD) COO Ashok Mishra sold 50,000 shares of Innodata stock in a transaction that occurred on Tuesday, May 11th. The shares were sold at an average price of $6.23, for a total value of $311,500.00. Following the sale, the chief operating officer now directly owns 50,000 shares in the company, valued at $311,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ashok Mishra also recently made the following trade(s):

  • On Thursday, May 13th, Ashok Mishra sold 30,952 shares of Innodata stock. The shares were sold at an average price of $6.06, for a total value of $187,569.12.

Innodata stock opened at $5.96 on Friday. The firm has a market capitalization of $156.85 million, a P/E ratio of -298.00 and a beta of 2.07. The stock has a fifty day moving average price of $6.64 and a two-hundred day moving average price of $5.73. Innodata Inc. has a 52-week low of $0.95 and a 52-week high of $9.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.47 and a quick ratio of 1.47.

Innodata (NASDAQ:INOD) last posted its quarterly earnings data on Thursday, March 11th. The technology company reported $0.04 earnings per share for the quarter. Innodata had a negative net margin of 1.14% and a negative return on equity of 2.57%. The company had revenue of $15.29 million during the quarter.

Hedge funds have recently added to or reduced their stakes in the company. Dorsey Wright & Associates boosted its stake in shares of Innodata by 135.3% in the 1st quarter. Dorsey Wright & Associates now owns 5,765 shares of the technology company’s stock valued at $36,000 after purchasing an additional 3,315 shares during the last quarter. Ritholtz Wealth Management lifted its stake in shares of Innodata by 34.2% in the 1st quarter. Ritholtz Wealth Management now owns 16,659 shares of the technology company’s stock valued at $105,000 after purchasing an additional 4,241 shares during the period. The PNC Financial Services Group Inc. acquired a new stake in shares of Innodata during the first quarter worth $32,000. Northern Trust Corp increased its holdings in Innodata by 47.8% in the fourth quarter. Northern Trust Corp now owns 37,639 shares of the technology company’s stock valued at $199,000 after purchasing an additional 12,178 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its holdings in Innodata by 108.4% during the fourth quarter. Susquehanna International Group LLP now owns 24,771 shares of the technology company’s stock worth $131,000 after buying an additional 12,886 shares during the last quarter. Institutional investors own 15.58% of the company’s stock.

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 offers a range of solutions and platforms for solving data challenges that companies face when they seek to obtain the benefits of artificial intelligence systems and analytics platforms, including data annotation, data transformation, data curation, and intelligent automation.

Featured Article: Cost of Capital Explained

Insider Buying and Selling by Quarter for Innodata (NASDAQ:INOD)

Receive News & Ratings for Innodata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innodata and related companies with MarketBeat.com's FREE daily email newsletter.