Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Innodata Inc shares valued at $50,150 were sold by FORLENZA LOUISE C on Mar 17 ’25. At $50.15 per share, FORLENZA LOUISE C sold 1,000 shares. The insider’s holdings dropped to 8,278 shares worth approximately $0.37 million following the completion of this transaction.
Also, LOUISE FORLENZA purchased 1,000 shares, netting a total of over 50,146 in proceeds.
Before that, FORLENZA LOUISE C had sold 5,000 shares from its account. In a trade valued at $264,600, the Director traded Innodata Inc shares for $52.92 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.37 million.
As published in their initiating research note from Wedbush on December 19, 2024, Innodata Inc [INOD] has been an Outperform and the price target has been revised to $48. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September. As of July 15, 2024, Maxim Group has initiated its “Buy” rating for INOD. Earlier on May 22, 2024, BWS Financial initiated its rating. Their recommendation was “a Buy” for INOD stock.
Analyzing INOD Stock Performance
During the last five days, there has been a surge of approximately 14.31%. Over the course of the year, Innodata Inc shares have jumped approximately 13.79%. Shares of the company reached a 52-week high of $71.00 on 02/21/25 and a 52-week low of $26.41 on 04/07/25.
Support And Resistance Levels for Innodata Inc (INOD)
According to the 24-hour chart, there is a support level at 43.26, which, if violated, would cause prices to drop to 41.55. In the upper region, resistance lies at 46.00. The next price resistance is at 47.02. RSI (Relative Strength Index) is 64.07 on the 14-day chart, showing neutral technical sentiment.
