Innodata Inc (NASDAQ:INOD) major shareholder Nauman Sabeeh Toor purchased 26,107 shares of the stock in a transaction dated Wednesday, September 19th. The shares were purchased at an average cost of $1.29 per share, for a total transaction of $33,678.03. Following the transaction, the insider now owns 338,753 shares in the company, valued at approximately $436,991.37. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Nauman Sabeeh Toor also recently made the following trade(s):

  • On Tuesday, October 9th, Nauman Sabeeh Toor purchased 60,068 shares of Innodata stock. The shares were purchased at an average cost of $1.40 per share, for a total transaction of $84,095.20.
  • On Thursday, October 11th, Nauman Sabeeh Toor purchased 82,137 shares of Innodata stock. The shares were purchased at an average cost of $1.40 per share, for a total transaction of $114,991.80.
  • On Friday, September 21st, Nauman Sabeeh Toor acquired 5,653 shares of Innodata stock. The stock was bought at an average price of $1.34 per share, for a total transaction of $7,575.02.
  • On Wednesday, September 12th, Nauman Sabeeh Toor acquired 20,000 shares of Innodata stock. The stock was bought at an average price of $1.23 per share, for a total transaction of $24,600.00.
  • On Friday, August 10th, Nauman Sabeeh Toor acquired 34,975 shares of Innodata stock. The stock was bought at an average price of $1.21 per share, for a total transaction of $42,319.75.
  • On Monday, July 30th, Nauman Sabeeh Toor acquired 20,000 shares of Innodata stock. The stock was bought at an average price of $1.15 per share, for a total transaction of $23,000.00.
  • On Wednesday, August 1st, Nauman Sabeeh Toor acquired 20,011 shares of Innodata stock. The stock was bought at an average price of $1.15 per share, for a total transaction of $23,012.65.

INOD traded up $0.02 on Friday, hitting $1.42. The company had a trading volume of 28,741 shares, compared to its average volume of 31,015. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.61 and a current ratio of 1.61. Innodata Inc has a 1 year low of $0.88 and a 1 year high of $1.51.

Innodata (NASDAQ:INOD) last issued its quarterly earnings results on Friday, August 10th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $14.27 million for the quarter. Innodata had a negative net margin of 6.59% and a negative return on equity of 5.57%.

Separately, ValuEngine upgraded shares of Innodata from a “hold” rating to a “buy” rating in a report on Monday, July 2nd.

An institutional investor recently raised its position in Innodata stock. Luzich Partners LLC grew its holdings in shares of Innodata Inc (NASDAQ:INOD) by 4.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,316,550 shares of the technology company’s stock after purchasing an additional 61,944 shares during the period. Innodata comprises about 1.5% of Luzich Partners LLC’s portfolio, making the stock its 12th biggest position. Luzich Partners LLC owned about 5.09% of Innodata worth $1,514,000 at the end of the most recent quarter. 22.63% of the stock is currently owned by hedge funds and other institutional investors.

Innodata Company Profile

Innodata Inc, a digital services and solutions company, provides technology solutions and services worldwide. The company operates through three segments: Digital Data Solutions (DDS), Innodata Advanced Data Solutions (IADS), and Media Intelligence Solutions (MIS). The DDS segment produces and distributes e-books; develops new digital information products; and provides operational support services for existing digital information products and systems, including content aggregation, extraction, encoding, indexing and abstracting, fabrication, and distribution.

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Insider Buying and Selling by Quarter for Innodata (NASDAQ:INOD)

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