Innodata Inc (NASDAQ: INOD) is -9.39% lower on its value in year-to-date trading and has touched a low of $10.40 and a high of $71.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INOD stock was last observed hovering at around $34.62 in the last trading session, with the day’s gains setting it 1.19%.
Currently trading at $35.81, the stock is -1.59% and -9.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.59 million and changing 3.44% at the moment leaves the stock 10.59% off its SMA200. INOD registered 242.02% gain for a year compared to 6-month gain of 48.71%.
The stock witnessed a -3.16% loss in the last 1 month and extending the period to 3 months gives it a -19.22%, and is -7.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.23% over the week and 7.82% over the month.
Innodata Inc (INOD) has around 6648 employees, a market worth around $1.14B and $202.30M in sales. Current P/E ratio is 34.44 and Fwd P/E is 35.34. Profit margin for the company is 17.53%. Distance from 52-week low is 244.16% and -49.56% from its 52-week high. The company has generated returns on investments over the last 12 months (44.87%).
The EPS is expected to shrink by -20.90% this year.
Innodata Inc (INOD) Top Institutional Holders
The shares outstanding are 31.75M, and float is at 30.33M with Short Float at 14.10%.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.88 million shares valued at $27.88 million. The investor’s holdings represent 6.5096% of the INOD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.48 million shares valued at $22.0 million to account for 5.137 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 1.24 million shares representing 4.2878% and valued at over $18.36 million, while NEXT CENTURY GROWTH INVESTORS LLC holds 3.0948 of the shares totaling 0.89 million with a market value of $13.25 million.
Innodata Inc (INOD) Insider Activity
The most recent transaction is an insider sale by FORLENZA LOUISE C, the company’s Director. SEC filings show that FORLENZA LOUISE C sold 1,000 shares of the company’s common stock on Mar 17 ’25 at a price of $50.15 per share for a total of $50150.0. Following the sale, the insider now owns 8278.0 shares.
Still, SEC filings show that on Mar 03 ’25, FORLENZA LOUISE C (Director) disposed off 5,000 shares at an average price of $52.92 for $0.26 million. The insider now directly holds 8,278 shares of Innodata Inc (INOD).
