Hennion & Walsh Asset Management Inc. Raises Holdings in Innodata Inc. $INOD

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Innodata Inc. (NASDAQ:INOD) by 72.9% during the 2nd quarter, Holdings Channel reports. The fund owned 24,328 shares of the technology company’s stock after buying an additional 10,257 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Innodata were worth $1,839,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. AQR Capital Management LLC boosted its position in Innodata by 446.4% during the 1st quarter. AQR Capital Management LLC now owns 90,968 shares of the technology company’s stock valued at $3,266,000 after acquiring an additional 74,320 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Innodata by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,085 shares of the technology company’s stock worth $577,000 after acquiring an additional 711 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Innodata by 30.7% during the 1st quarter. Millennium Management LLC now owns 142,608 shares of the technology company’s stock worth $5,120,000 after purchasing an additional 33,473 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Innodata by 16.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 20,375 shares of the technology company’s stock worth $1,044,000 after purchasing an additional 2,816 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Innodata by 1,527.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,422 shares of the technology company’s stock worth $483,000 after purchasing an additional 8,843 shares during the last quarter. Hedge funds and other institutional investors own 30.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on INOD shares. BWS Financial reaffirmed a “top pick” rating and issued a $140.00 price objective on shares of Innodata in a research report on Friday, August 7th. Zacks Research raised shares of Innodata from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Weiss Ratings cut shares of Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, Wedbush raised their target price on shares of Innodata from $100.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $130.00.

Key Headlines Impacting Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Maxim Group raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $1.32 from $1.02 and its FY2027 estimate to $1.41 from $1.32. It also raised estimates for Q3 and Q4 2026 and each quarter of 2027, signaling stronger expected operating momentum. MarketBeat Innodata analyst estimates
• Positive Sentiment: Growth-focused commentary is reinforcing the bullish case. Zacks highlighted Innodata’s solid growth characteristics, while a separate Zacks article pointed to accelerating AI-related demand, strong second-quarter results, customer diversification and new solutions as drivers of its longer-term potential. Zacks growth analysis Zacks AI solutions analysis
• Positive Sentiment: BWS Financial reiterated its “Top Pick” rating. The continued endorsement adds to the favorable analyst backdrop for Innodata, particularly as investors focus on the company’s AI and data-services growth opportunities. BWS Financial Top Pick rating
• Neutral Sentiment: Short-interest data offers little actionable information. The report lists August short interest at zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. Because the figures appear inconsistent with the description of a “significant increase,” investors should treat this data cautiously.
• Negative Sentiment: Valuation and volatility could limit further gains. Innodata trades at a high earnings multiple, and its beta of 2.92 indicates substantial sensitivity to market and AI-sector sentiment. The stock is also well below its 12-month high, underscoring the risk of sharp price swings.

Insider Activity

In related news, CFO Marissa B. Espineli sold 19,667 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $105.88, for a total value of $2,082,341.96. Following the completion of the transaction, the chief financial officer owned 28,014 shares of the company’s stock, valued at approximately $2,966,122.32. This represents a 41.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Louise C. Forlenza sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $94.47, for a total value of $1,700,460.00. Following the transaction, the director directly owned 3,943 shares of the company’s stock, valued at approximately $372,495.21. The trade was a 82.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,023,825 shares of company stock valued at $103,084,735. Insiders own 11.80% of the company’s stock.

Innodata Trading Up 0.8%

Innodata stock opened at $62.71 on Wednesday. The stock has a 50-day moving average price of $76.67 and a 200 day moving average price of $62.77. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 47.51 and a beta of 2.92. Innodata Inc. has a 52 week low of $34.23 and a 52 week high of $125.14. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.07.

Innodata (NASDAQ:INOD) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.20. The firm had revenue of $92.14 million for the quarter, compared to analyst estimates of $86.31 million. Innodata had a net margin of 14.66% and a return on equity of 41.94%. The business’s quarterly revenue was up 57.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 earnings per share. Sell-side analysts anticipate that Innodata Inc. will post 1.18 EPS for the current year.

About Innodata

Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high?quality, machine?readable formats that support search, analytics and AI model training.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.