Share on StockTwits

Innodata (NASDAQ:INOD) Director Andargachew S. Zelleke purchased 4,500 shares of Innodata stock on the open market in a transaction dated Monday, August 18th. The shares were purchased at an average price of $3.21 per share, with a total value of $14,445.00. Following the completion of the acquisition, the director now directly owns 4,500 shares of the company’s stock, valued at approximately $14,445. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Innodata (NASDAQ:INOD) traded down 0.63% during mid-day trading on Tuesday, hitting $3.16. The stock had a trading volume of 17,108 shares. Innodata has a 52 week low of $2.21 and a 52 week high of $3.49. The stock’s 50-day moving average is $3.0 and its 200-day moving average is $3.05. The company’s market cap is $79.9 million.

Innodata (NASDAQ:INOD) last released its earnings data on Wednesday, July 30th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.01. Analysts expect that Innodata will post $-0.01 EPS for the current fiscal year.

Separately, analysts at Zacks downgraded shares of Innodata from a “neutral” rating to an “underperform” rating in a research note on Monday, August 4th. They now have a $2.80 price target on the stock.

Innodata Inc, formerly Innodata Isogen, Inc, is a provider of business process, technology and consulting services, as well as products and solutions that help its clients create, manage, use and distribute digital information.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.