Hennion & Walsh Asset Management Inc. Buys 10,257 Shares of Innodata Inc. $INOD

Hennion & Walsh Asset Management Inc. grew its position in Innodata Inc. (NASDAQ:INOD) by 72.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,328 shares of the technology company’s stock after purchasing an additional 10,257 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.07% of Innodata worth $1,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Innodata during the fourth quarter worth $26,000. Farther Finance Advisors LLC increased its holdings in Innodata by 506.0% in the 4th quarter. Farther Finance Advisors LLC now owns 806 shares of the technology company’s stock valued at $41,000 after acquiring an additional 673 shares during the last quarter. Leonteq Securities AG bought a new stake in Innodata in the 4th quarter valued at $51,000. US Bancorp DE lifted its stake in Innodata by 15,500.0% in the 3rd quarter. US Bancorp DE now owns 1,092 shares of the technology company’s stock worth $84,000 after purchasing an additional 1,085 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Innodata in the 1st quarter worth $45,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

Innodata Trading Up 0.8%

Shares of INOD stock opened at $62.71 on Wednesday. Innodata Inc. has a 1 year low of $34.23 and a 1 year high of $125.14. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.49 and a quick ratio of 2.49. The stock’s 50 day simple moving average is $76.67 and its two-hundred day simple moving average is $62.77. The company has a market cap of $2.16 billion, a PE ratio of 47.51 and a beta of 2.92.

Innodata (NASDAQ:INOD) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.20. The business had revenue of $92.14 million during the quarter, compared to analyst estimates of $86.31 million. Innodata had a return on equity of 41.94% and a net margin of 14.66%.The company’s revenue for the quarter was up 57.8% on a year-over-year basis. During the same period last year, the company earned $0.20 EPS. Research analysts predict that Innodata Inc. will post 1.18 earnings per share for the current year.

Key Headlines Impacting Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Maxim Group raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $1.32 from $1.02 and its FY2027 estimate to $1.41 from $1.32. It also raised estimates for Q3 and Q4 2026 and each quarter of 2027, signaling stronger expected operating momentum. MarketBeat Innodata analyst estimates
• Positive Sentiment: Growth-focused commentary is reinforcing the bullish case. Zacks highlighted Innodata’s solid growth characteristics, while a separate Zacks article pointed to accelerating AI-related demand, strong second-quarter results, customer diversification and new solutions as drivers of its longer-term potential. Zacks growth analysis Zacks AI solutions analysis
• Positive Sentiment: BWS Financial reiterated its “Top Pick” rating. The continued endorsement adds to the favorable analyst backdrop for Innodata, particularly as investors focus on the company’s AI and data-services growth opportunities. BWS Financial Top Pick rating
• Neutral Sentiment: Short-interest data offers little actionable information. The report lists August short interest at zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. Because the figures appear inconsistent with the description of a “significant increase,” investors should treat this data cautiously.
• Negative Sentiment: Valuation and volatility could limit further gains. Innodata trades at a high earnings multiple, and its beta of 2.92 indicates substantial sensitivity to market and AI-sector sentiment. The stock is also well below its 12-month high, underscoring the risk of sharp price swings.

Insider Buying and Selling

In other Innodata news, CEO Jack Abuhoff sold 200,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $110.20, for a total transaction of $22,040,000.00. Following the transaction, the chief executive officer owned 1,340,456 shares in the company, valued at $147,718,251.20. The trade was a 12.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Marissa B. Espineli sold 19,667 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $105.88, for a total transaction of $2,082,341.96. Following the completion of the sale, the chief financial officer directly owned 28,014 shares in the company, valued at approximately $2,966,122.32. This represents a 41.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,023,825 shares of company stock valued at $103,084,735 in the last three months. Corporate insiders own 11.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on INOD. Wedbush increased their price target on Innodata from $100.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Weiss Ratings downgraded Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Zacks Research raised Innodata from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Finally, BWS Financial reiterated a “top pick” rating and set a $140.00 target price on shares of Innodata in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $130.00.

About Innodata

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.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.