Innodata Inc (NASDAQ: INOD) is 12.04% higher on its value in year-to-date trading and has touched a low of $12.67 and a high of $71.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INOD stock was last observed hovering at around $43.86 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $44.28, the stock is 16.80% and 19.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing 0.96% at the moment leaves the stock 30.53% off its SMA200. INOD registered 244.59% gain for a year compared to 6-month gain of 15.52%. The firm has a 50-day simple moving average (SMA 50) of $37.135 and a 200-day simple moving average (SMA200) of $33.9228.
The stock witnessed a 11.06% loss in the last 1 month and extending the period to 3 months gives it a -13.41%, and is 10.84% up 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 5.84% over the week and 6.47% over the month.
Innodata Inc (INOD) has around 6648 employees, a market worth around $1.41B and $202.30M in sales. Current P/E ratio is 42.58 and Fwd P/E is 43.61. Profit margin for the company is 17.53%. Distance from 52-week low is 249.49% and -37.63% 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 -22.02% this year.
Innodata Inc (INOD) Top Institutional Holders
262.0 institutions hold shares in Innodata Inc (INOD), with institutional investors hold 59.08% of the company’s shares. The shares outstanding are 31.75M, and float is at 30.33M with Short Float at 17.48%. Institutions hold 56.49% of the Float.
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’sDirector. 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).
