Innodata (INOD)

• Market cap: $1.8B
• 1 day: 13.47%
• 5 days: 16.26%
• 1 month: 61.90%
• 3 months: 33.92%
• 6 months: 234.83%
• Year to date: 56.73%
• 1 year: 628.35%
• 5 years: 5,330.70%
• 10 years: 2,210.07%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: Innodata Inc is a digital services and solutions company. It provides technology and services to information products and online retail destinations. The company has three operating segments: Digital data solutions, Synodex, and Agility. It serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies, and other industries. Geographically, it operates in the United States, United Kingdom, Netherlands, Canada, and Europe.

Employees: 4,325

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

319% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 16

216% more capital invested

Capital invested by funds: $173M [Q3] → $547M (+$374M) [Q4]

185% more call options, than puts

Call options by funds: $48.2M | Put options by funds: $16.9M

55% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 29

50% more funds holding

Funds holding: 98 [Q3] → 147 (+49) [Q4]

10.8% more ownership

Funds ownership: 35.93% [Q3] → 46.74% (+10.8%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $45 27% downside
• Avg. target: $61 2% downside
• High target: $75 21% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Maxim Group Allen Klee 58% 1-year accuracy 11 / 19 met price target	21% upside $75	Buy Maintained	21 Feb 2025
BWS Financial Hamed Khorsand 60% 1-year accuracy 104 / 172 met price target	20% upside $74	Buy Maintained	21 Feb 2025
Wedbush Daniel Ives 75% 1-year accuracy 89 / 118 met price target	22% downside $48	Outperform Initiated	19 Dec 2024
Chardan Capital Hamed Khorsand 60% 1-year accuracy 104 / 172 met price target	27% downside $45	Buy Maintained	13 Dec 2024