In the latest trading session,, 0.82 million Innodata Inc (NASDAQ:INOD) shares changed hands as the company’s beta touched 2.67. With the company’s most recent per share price at $48.51 changed hands at -$0.29 or -0.59% at last look, the market valuation stands at $1.54B. INOD’s current price is a discount, trading about -46.36% off its 52-week high of $71.00. The share price had its 52-week low at $13.02, which suggests the last value was 73.16% up since then. When we look at Innodata Inc’s average trading volume, we note the 10-day average is 3.08 million shares, with the 3-month average coming to 2.20 million.
Analysts gave the Innodata Inc (INOD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended INOD as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Innodata Inc (NASDAQ:INOD) trade information
Instantly INOD was in red as seen in intraday trades today. With action 2.64%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 244.53%, with the 5-day performance at 2.64% in the green. However, in the 30-day time frame, Innodata Inc (NASDAQ:INOD) is 27.56% up. Looking at the short shares, we see there were 5.72 million shares sold at short interest cover period of 2.5 days.
The consensus price target for the stock as assigned by Wall Street analysts is 35.5, meaning bulls need a downside of -36.65% from its recent market value. According to analyst projections, INOD’s forecast low is 23 with 48 as the target high. To hit the forecast high, the stock’s price needs a 1.05% surge from its current level, while the stock would need to tank 52.59% for it to hit the projected low.
The 2025 estimates are for Innodata Inc earnings to decrease by -22.02%, but the outlook for the next 5-year period is at 13.46% per year.
INOD Dividends
Innodata Inc is expected to release its next quarterly earnings report on 2025-May-09.
Innodata Inc (NASDAQ:INOD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.43% of Innodata Inc shares while 56.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 59.10%. There are 56.48% institutions holding the Innodata Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 6.5096% of the shares, roughly 1.88 million INOD shares worth $27.88 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.137% or 1.48 million shares worth $22.0 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 971.42 shares estimated at $47.17 million under it, the former controlled 3.06% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.13% of the shares, roughly 676.95 shares worth around $32.87 million.
