Share on StockTwits

Innodata (NASDAQ:INOD) Director Stewart R. Massey purchased 1,600 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were purchased at an average price of $3.10 per share, with a total value of $4,960.00. Following the purchase, the director now directly owns 10,000 shares in the company, valued at approximately $31,000. The transaction was disclosed in a filing with the SEC, which is available at this link.

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.

Shares of Innodata (NASDAQ:INOD) traded up 0.32% during mid-day trading on Tuesday, hitting $3.14. The stock had a trading volume of 14,984 shares. Innodata has a 1-year low of $2.21 and a 1-year high of $3.49. The stock has a 50-day moving average of $3.06 and a 200-day moving average of $3.06. The company’s market cap is $79.3 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. On average, analysts predict that Innodata will post $-0.01 earnings per share for the current fiscal year.

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.