Innodata Inc. (NASDAQ:INOD – Get Free Report) CFO Marissa B. Espineli sold 11,628 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $15.04, for a total value of $174,885.12. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Marissa B. Espineli also recently made the following trade(s):
- On Monday, August 28th, Marissa B. Espineli sold 6,600 shares of Innodata stock. The stock was sold at an average price of $15.08, for a total value of $99,528.00.
- On Friday, August 18th, Marissa B. Espineli sold 25,000 shares of Innodata stock. The shares were sold at an average price of $13.55, for a total transaction of $338,750.00.
Innodata Trading Down 12.8 %
Shares of Innodata stock opened at $13.00 on Friday. Innodata Inc. has a fifty-two week low of $2.78 and a fifty-two week high of $15.36. The business’s fifty day moving average is $12.08 and its two-hundred day moving average is $9.66. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.31. The firm has a market cap of $367.89 million, a PE ratio of -43.33 and a beta of 2.03.
Analyst Upgrades and Downgrades
Get Our Latest Analysis on INOD
Hedge Funds Weigh In On Innodata
Several large investors have recently added to or reduced their stakes in INOD. BlackRock Inc. grew its holdings in Innodata by 261.1% in the 2nd quarter. BlackRock Inc. now owns 1,678,634 shares of the technology company’s stock valued at $19,019,000 after buying an additional 1,213,758 shares during the period. Renaissance Technologies LLC grew its holdings in Innodata by 0.6% in the second quarter. Renaissance Technologies LLC now owns 1,018,390 shares of the technology company’s stock valued at $4,929,000 after purchasing an additional 6,500 shares during the period. Geode Capital Management LLC grew its holdings in Innodata by 120.2% in the second quarter. Geode Capital Management LLC now owns 472,006 shares of the technology company’s stock valued at $5,348,000 after purchasing an additional 257,686 shares during the period. State Street Corp increased its position in Innodata by 392.3% during the second quarter. State Street Corp now owns 434,710 shares of the technology company’s stock worth $4,925,000 after purchasing an additional 346,404 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Innodata by 4.6% during the first quarter. Dimensional Fund Advisors LP now owns 306,832 shares of the technology company’s stock worth $2,145,000 after purchasing an additional 13,584 shares during the period. 40.53% of the stock is currently owned by hedge funds and other institutional investors.
About Innodata
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 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.
Featured Stories
- Five stocks we like better than Innodata
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Takeaways from the August Inflation Report
- Why Invest in High-Yield Dividend Stocks?
- On Fire: 5 Best Artificial Intelligence Penny Stocks
- What Do S&P 500 Stocks Tell Investors About the Market?
- 6 Cybersecurity Stocks: Which is the Best to Buy?
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.
