Innodata Inc. $INOD Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Innodata Inc. (NASDAQ:INOD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 18,280 shares of the technology company’s stock, valued at approximately $1,202,000. Mirae Asset Global Investments Co. Ltd. owned about 0.05% of Innodata as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in Innodata by 32.2% in the first quarter. Dimensional Fund Advisors LP now owns 583,239 shares of the technology company’s stock worth $22,517,000 after buying an additional 142,192 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Innodata during the second quarter valued at approximately $7,262,000. Janus Henderson Group PLC increased its position in shares of Innodata by 13.8% during the first quarter. Janus Henderson Group PLC now owns 526,012 shares of the technology company’s stock valued at $20,315,000 after acquiring an additional 63,779 shares in the last quarter. Bank of America Corp DE increased its position in shares of Innodata by 156.3% during the first quarter. Bank of America Corp DE now owns 102,268 shares of the technology company’s stock valued at $3,950,000 after acquiring an additional 62,361 shares in the last quarter. Finally, Rathbones Group PLC increased its position in shares of Innodata by 20.8% during the first quarter. Rathbones Group PLC now owns 144,247 shares of the technology company’s stock valued at $5,571,000 after acquiring an additional 24,837 shares in the last quarter. 30.75% of the stock is currently owned by institutional investors.

Innodata Stock Performance

Shares of NASDAQ INOD opened at $37.03 on Monday. The firm’s 50-day moving average price is $56.96 and its 200-day moving average price is $61.06. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.27 billion, a PE ratio of 27.03 and a beta of 3.11. Innodata Inc. has a 52-week low of $34.23 and a 52-week high of $125.14.

Innodata (NASDAQ:INOD) last released its quarterly earnings data on Thursday, November 5th. The technology company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.12. The firm had revenue of $95.62 million during the quarter, compared to analysts’ expectations of $83.32 million. Innodata had a net margin of 13.84% and a return on equity of 36.84%. The firm’s quarterly revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.24 earnings per share. As a group, analysts anticipate that Innodata Inc. will post 1.27 EPS for the current year.

Insider Buying and Selling

In other Innodata news, Director Louise Forlenza sold 10,000 shares of Innodata stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $53.54, for a total value of $535,400.00. Following the completion of the sale, the director owned 5,424 shares of the company’s stock, valued at approximately $290,400.96. The trade was a 64.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 11.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on INOD. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Innodata in a research report on Thursday, October 29th. Zacks Research downgraded Innodata from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Yorkville Ives initiated coverage on Innodata in a report on Monday, October 5th. They issued an “outperform” rating and a $90.00 target price for the company. Finally, BWS Financial restated a “top pick” rating and issued a $140.00 price target on shares of Innodata in a research note on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $116.67.

Key Innodata News

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Third-quarter revenue rose 52.8% year over year to $95.62 million, beating estimates of $83.32 million. Earnings of $0.29 per share also topped expectations, while strong AI-data demand and new customer programs supported higher growth guidance. Article: Innodata Q3 Earnings & Revenues Top Estimates on Strong AI Data Demand
• Positive Sentiment: BWS Financial maintained its Buy rating and $140 price target, citing the strong quarter and broader customer base. Article: Innodata’s Strong Q3 and Broader Customer Base Support Buy Rating
• Negative Sentiment: Innodata’s 2026 revenue guidance of $357.4 million was slightly below the $359.7 million consensus estimate. Although the company raised its growth outlook, reported margin pressure may have tempered enthusiasm after the earnings beat.

Innodata Profile

Innodata Inc (NASDAQ: INOD) is a global data engineering and technology company that helps organizations prepare, manage and use information for digital transformation and artificial intelligence initiatives. Its services are designed to support the development, training, evaluation and deployment of AI and machine-learning systems.

The company provides data annotation and labeling, data collection and preparation, content transformation, document processing, natural-language services, and generative AI support.