Innodata Inc (INOD) may enjoy gains as insiders got busy in the recent days

Innodata Inc’s filing revealed that its Director FORLENZA LOUISE C unloaded Company’s shares for reported $50150.0 on Mar 17 ’25. In the deal valued at $50.15 per share,1,000 shares were sold. As a result of this transaction, FORLENZA LOUISE C now holds 8,278 shares worth roughly $0.32 million.

Then, LOUISE FORLENZA bought 1,000 shares, generating $50,146 in total proceeds.

Before that, FORLENZA LOUISE C sold 5,000 shares. Innodata Inc shares valued at $264,600 were divested by the Director at a price of $52.92 per share. As a result of the transaction, FORLENZA LOUISE C now holds 8,278 shares, worth roughly $0.32 million.

Wedbush initiated its Innodata Inc [INOD] rating to an Outperform in a research note published on December 19, 2024; the price target was $48. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Maxim Group began covering INOD with “Buy” recommendation on July 15, 2024. BWS Financial started covering the stock on May 22, 2024. It rated INOD as “a Buy”.

Price Performance Review of INOD

On Friday, Innodata Inc [NASDAQ:INOD] saw its stock fall -7.61% to $39.19. Over the last five days, the stock has lost -23.50%. Innodata Inc shares have fallen nearly -0.84% since the year began. Nevertheless, the stocks have risen 155.81% over the past one year. While a 52-week high of $71.00 was reached on 02/21/25, a 52-week low of $12.67 was recorded on 04/07/25.

Levels Of Support And Resistance For INOD Stock

The 24-hour chart illustrates a support level at 38.29, which if violated will result in even more drops to 37.39. On the upside, there is a resistance level at 40.95. A further resistance level may holdings at 42.72.

How much short interest is there in Innodata Inc?

A steep rise in short interest was recorded in Innodata Inc stocks on 2025-05-30, growing by 1.01 million shares to a total of 5.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 4.28 million shares. There was a rise of 19.05%, which implies that there is a positive sentiment for the stock.

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