Innodata (NASDAQ:INOD) Shares Down 7.7% on Insider Selling

Market Beat
2026.05.19 14:30
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Innodata (NASDAQ:INOD) shares fell 7.7% following insider selling, with CEO Jack Abuhoff selling 150,000 shares at $94.39 and 100,000 shares at $95.78. The stock traded as low as $88.60, with a significant drop in trading volume. Analysts have mixed ratings, with a consensus target price of $105.00. The company reported strong quarterly earnings, beating estimates with $0.42 EPS and $90.10 million in revenue, a 54.5% increase year-over-year.