Innodata CEO Jack Abuhoff Sells Shares of INOD
Jack Abuhoff, CEO of Innodata, sold 94,059 shares on June 15, 2026.
Key Points
- Jack Abuhoff, Innodata's CEO, sold 94,059 shares of the company on June 15, 2026.
- Innodata trades near $109.71 with a market cap of $3.25 billion and a P/E ratio of 88.98.
- Major funds like BlackRock and Vanguard also adjusted their positions in Innodata recently.
Jack Abuhoff, the CEO of Innodata Inc., sold 94,059 shares of the company on June 15, 2026. This transaction was not part of a pre-planned trading program. Innodata's stock is currently trading around $109.71 on the NasdaqGM.
Insider Buying and Selling at Innodata Inc.
In addition to the sale on June 15, Abuhoff engaged in several transactions on June 16, 2026. He sold 200,000 shares at an average price of $110.20 and also acquired 200,000 shares at $1.96 per share. These trades were not part of a Rule 10b5-1 trading plan.
Other Institutional Activity in Innodata
Several institutional investors have recently adjusted their holdings in Innodata. BlackRock, Inc. reduced its stake by 27,148 shares, leaving it with 2,391,220 shares valued at approximately $92.35 million. Vanguard Capital Management LLC initiated a new position, acquiring 1,344,863 shares worth about $51.94 million. Geode Capital Management, LLC increased its holdings by 24,499 shares, bringing its total to 777,294 shares valued at $30.03 million. Wellington Management Group LLP boosted its shares by 71,250 to a total of 643,237 shares, valued at $24.84 million. Dimensional Fund Advisors LP also increased its position by 142,192 shares to 583,239 shares, worth around $22.52 million.
Innodata Stock Snapshot
Shares of Innodata Inc. (NasdaqGM: INOD) are trading near $109.71. The company has a market capitalization of approximately $3.25 billion and a P/E ratio of 88.98. Its forward P/E stands at 49.83, with a beta of 2.835. The stock's 52-week range is between $34.23 and $125.14. Innodata's 50-day moving average is $72.20, and its 200-day moving average is $61.35. The company's current ratio is 2.49, and its quick ratio is 2.34, with a debt-to-equity ratio of 3.20.
Recent Earnings
Innodata reported revenues of $283.42 million, reflecting a growth rate of 54.4%. The company's net margin is 13.86%, with a return on equity of 38.60%. Earnings per share (EPS) stand at $1.12. The next earnings release is scheduled for July 30, 2026.
Analysts Set New Price Targets
On June 4, 2026, Wedbush maintained its 'buy' rating on Innodata, setting a price target of $120. BWS Financial also maintained a 'buy' rating with a target of $110 on January 5, 2026. Overall, the consensus among analysts is a 'strong buy', with a mean target price of $105.25.
About Innodata
Innodata Inc. is a technology company based in Ridgefield Park, New Jersey. It specializes in data engineering and operates through three segments: Digital Data Solutions, Synodex, and Agility. The company provides AI training data, medical record transformation, and media intelligence solutions. Innodata serves a variety of sectors, including banking, insurance, and digital retailing. Led by CEO Jack Abuhoff, the company employs over 10,000 people worldwide.
Bottom Line
Innodata's recent insider transactions by CEO Jack Abuhoff highlight active trading activity within the company. Institutional investors are also making notable adjustments to their holdings. While the stock is trading near its recent highs, it's important to remember that 13F filings and insider trades provide a backward-looking view of holdings and transactions. Investors often watch these moves for insights into company leadership and market sentiment.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
