Innodata (NASDAQ:INOD) Shares Gap Up – Here’s What Happened

29 Jan 2026, 19:01 by Sarita Garza · The Markets Daily

Innodata Inc. (NASDAQ:INOD – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $55.84, but opened at $60.33. Innodata shares last traded at $61.6270, with a volume of 2,093,595 shares trading hands.

Analyst Ratings Changes

INOD has been the topic of a number of recent analyst reports. Wedbush upped their price target on shares of Innodata from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. BWS Financial upgraded shares of Innodata from a “buy” rating to a “top pick” rating and set a $110.00 target price on the stock in a research report on Monday, January 5th. Weiss Ratings downgraded shares of Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Zacks Research cut Innodata from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.67.

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Innodata Stock Performance

The company has a market capitalization of $2.01 billion, a PE ratio of 65.02 and a beta of 2.43. The stock’s fifty day simple moving average is $56.61 and its 200-day simple moving average is $58.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.69 and a current ratio of 2.69.

Innodata (NASDAQ:INOD – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. Innodata had a net margin of 14.11% and a return on equity of 41.67%. The business had revenue of $62.55 million during the quarter, compared to analyst estimates of $59.78 million. The business’s quarterly revenue was up 19.8% on a year-over-year basis. As a group, equities analysts predict that Innodata Inc. will post 0.81 earnings per share for the current year.

Insider Buying and Selling at Innodata

In other Innodata news, COO Ashok Mishra sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $61.39, for a total value of $12,278,000.00. Following the sale, the chief operating officer directly owned 60,000 shares of the company’s stock, valued at approximately $3,683,400. This trade represents a 76.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Louise C. Forlenza sold 8,278 shares of Innodata stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $65.00, for a total value of $538,070.00. Following the completion of the sale, the director owned 3,943 shares of the company’s stock, valued at $256,295. This trade represents a 67.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 236,372 shares of company stock worth $14,572,507 in the last 90 days. Insiders own 15.23% of the company’s stock.

Institutional Investors Weigh In On Innodata

Institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in Innodata by 446.4% during the first quarter. AQR Capital Management LLC now owns 90,968 shares of the technology company’s stock worth $3,266,000 after purchasing an additional 74,320 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Innodata by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,085 shares of the technology company’s stock worth $577,000 after buying an additional 711 shares during the period. Millennium Management LLC boosted its holdings in Innodata by 30.7% in the first quarter. Millennium Management LLC now owns 142,608 shares of the technology company’s stock valued at $5,120,000 after acquiring an additional 33,473 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Innodata during the second quarter valued at about $332,000. Finally, Farther Finance Advisors LLC acquired a new stake in Innodata during the second quarter worth about $36,000. 30.75% of the stock is currently owned by hedge funds and other institutional investors.

About Innodata

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Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high‐quality, machine‐readable formats that support search, analytics and AI model training.