H&H International Investment LLC Invests $386,000 in Innodata Inc. $INOD

H&H International Investment LLC bought a new stake in shares of Innodata Inc. (NASDAQ:INOD) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,000 shares of the technology company’s stock, valued at approximately $386,000. Innodata accounts for about 0.0% of H&H International Investment LLC’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in Innodata by 13.8% in the 1st quarter. Janus Henderson Group PLC now owns 526,012 shares of the technology company’s stock valued at $20,315,000 after buying an additional 63,779 shares during the period. California State Teachers Retirement System increased its position in shares of Innodata by 36.8% during the first quarter. California State Teachers Retirement System now owns 40,611 shares of the technology company’s stock worth $1,568,000 after acquiring an additional 10,927 shares during the period. Royal Bank of Canada increased its position in shares of Innodata by 16.7% during the first quarter. Royal Bank of Canada now owns 169,054 shares of the technology company’s stock worth $6,528,000 after acquiring an additional 24,216 shares during the period. Quantinno Capital Management LP increased its position in shares of Innodata by 90.5% during the first quarter. Quantinno Capital Management LP now owns 9,976 shares of the technology company’s stock worth $385,000 after acquiring an additional 4,740 shares during the period. Finally, Themes Management Co LLC bought a new stake in shares of Innodata during the first quarter valued at approximately $209,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

Innodata Stock Performance

Shares of NASDAQ:INOD opened at $55.40 on Thursday. The firm has a 50 day moving average of $83.27 and a 200 day moving average of $62.60. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 49.91 and a beta of 2.89. Innodata Inc. has a 52 week low of $34.23 and a 52 week high of $125.14.

Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, May 7th. The technology company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.34. The business had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $76.47 million. Innodata had a return on equity of 37.49% and a net margin of 13.86%.The business’s revenue for the quarter was up 54.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. On average, sell-side analysts predict that Innodata Inc. will post 1.14 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Jack Abuhoff sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $110.20, for a total value of $22,040,000.00. Following the sale, the chief executive officer directly owned 1,340,456 shares in the company, valued at approximately $147,718,251.20. This trade represents a 12.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Ashok Mishra sold 242,901 shares of Innodata stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $90.15, for a total transaction of $21,897,525.15. Following the completion of the transaction, the chief operating officer directly owned 95,179 shares in the company, valued at approximately $8,580,386.85. The trade was a 71.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,472,885 shares of company stock worth $143,998,492 in the last quarter. 11.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on INOD shares. BWS Financial reissued a “buy” rating on shares of Innodata in a research note on Monday, June 15th. Zacks Research upgraded Innodata from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Weiss Ratings raised Innodata from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Finally, Wedbush raised their price target on Innodata from $100.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, Innodata currently has an average rating of “Strong Buy” and a consensus target price of $130.00.

Innodata Profile

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.