Silverleafe Capital Partners LLC Buys 15,231 Shares of Innodata Inc. $INOD

Silverleafe Capital Partners LLC increased its stake in shares of Innodata Inc. (NASDAQ:INOD) by 187.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,349 shares of the technology company’s stock after acquiring an additional 15,231 shares during the period. Silverleafe Capital Partners LLC owned 0.07% of Innodata worth $1,190,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in Innodata in the 3rd quarter worth approximately $50,000. IFP Advisors Inc grew its holdings in Innodata by 1,567.5% during the third quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock valued at $51,000 after purchasing an additional 627 shares during the last quarter. Goodman Advisory Group LLC bought a new position in shares of Innodata in the third quarter valued at approximately $52,000. Silver Oak Securities Incorporated bought a new position in shares of Innodata in the third quarter valued at approximately $60,000. Finally, Hollencrest Capital Management acquired a new stake in shares of Innodata in the third quarter worth $60,000. 30.75% of the stock is owned by institutional investors.

Innodata Price Performance

Shares of Innodata stock opened at $43.67 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.68 and a quick ratio of 2.68. The company has a market cap of $1.42 billion, a PE ratio of 47.99 and a beta of 2.46. The firm has a fifty day moving average price of $48.74 and a two-hundred day moving average price of $59.18. Innodata Inc. has a fifty-two week low of $26.41 and a fifty-two week high of $93.85.

Innodata (NASDAQ:INOD) last posted its quarterly earnings data on Thursday, February 26th. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.04. The company had revenue of $72.38 million for the quarter, compared to the consensus estimate of $69.47 million. Innodata had a net margin of 12.79% and a return on equity of 35.12%. The business’s revenue was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. Analysts expect that Innodata Inc. will post 0.81 EPS for the current year.

Analyst Ratings Changes

INOD has been the subject of several recent analyst reports. Weiss Ratings downgraded shares of Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Wall Street Zen upgraded shares of Innodata from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Wedbush restated an “outperform” rating and set a $90.00 price target on shares of Innodata in a report on Friday, January 30th. Zacks Research downgraded Innodata from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, BWS Financial reiterated a “top pick” rating and issued a $110.00 price objective on shares of Innodata in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Innodata currently has an average rating of “Moderate Buy” and an average price target of $100.00.

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.