Innodata Inc. (NASDAQ:INOD) 获得分析师一致评级为 “买入”

Innodata Inc. (NASDAQ:INOD - Get Free Report) has received an average recommendation of "Buy" from the four research firms that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $35.75.

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Several research firms have recently weighed in on INOD. BWS Financial increased their price target on Innodata from $30.00 to $45.00 and gave the company a "buy" rating in a report on Friday, November 8th. Craig Hallum assumed coverage on Innodata in a research note on Tuesday, September 17th. They issued a "buy" rating and a $23.00 price objective for the company. StockNews.com upgraded Innodata from a "sell" rating to a "hold" rating in a research note on Saturday, November 16th. Finally, Chardan Capital restated a "buy" rating and issued a $45.00 price objective on shares of Innodata in a research note on Friday.

Read Our Latest Stock Report on Innodata

Innodata Stock Up 3.8 %

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Shares of INOD stock traded up $1.33 during midday trading on Friday, reaching $36.36. 217,572 shares of the stock were exchanged, compared to its average volume of 808,384. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.15. The firm has a market cap of $1.05 billion, a PE ratio of 61.19 and a beta of 2.56. The company's 50 day moving average is $30.45 and its two-hundred day moving average is $21.08. Innodata has a 1 year low of $5.46 and a 1 year high of $55.17.

Insider Activity

In other Innodata news, Director Stewart R. Massey sold 50,000 shares of Innodata stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $40.55, for a total value of $2,027,500.00. Following the transaction, the director now directly owns 25,262 shares of the company's stock, valued at approximately $1,024,374.10. The trade was a 66.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Louise C. Forlenza sold 4,000 shares of Innodata stock in a transaction on Monday, November 25th. The stock was sold at an average price of $45.10, for a total transaction of $180,400.00. Following the sale, the director now owns 8,278 shares of the company's stock, valued at $373,337.80. The trade was a 32.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 924,876 shares of company stock valued at $42,040,262. Corporate insiders own 15.23% of the company's stock.

Institutional Trading of Innodata

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A number of institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC lifted its holdings in Innodata by 324.3% in the third quarter. Barclays PLC now owns 38,557 shares of the technology company's stock valued at $647,000 after acquiring an additional 29,470 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Innodata by 2.3% during the third quarter. Geode Capital Management LLC now owns 613,748 shares of the technology company's stock worth $10,294,000 after purchasing an additional 13,609 shares during the last quarter. State Street Corp boosted its stake in shares of Innodata by 1.8% during the third quarter. State Street Corp now owns 537,301 shares of the technology company's stock worth $9,011,000 after buying an additional 9,408 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of Innodata during the third quarter worth about $206,000. Finally, Centiva Capital LP acquired a new stake in Innodata in the third quarter valued at about $318,000. Hedge funds and other institutional investors own 30.75% of the company's stock.

Innodata Company Profile

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 artificial intelligence (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.

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