Insider Selling: Innodata Inc (NASDAQ:INOD) Major Shareholder Sells 12,245 Shares of Stock

Innodata Inc (NASDAQ:INOD) major shareholder Luzich Partners Llc sold 12,245 shares of the firm’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $1.29, for a total value of $15,796.05. Following the transaction, the insider now directly owns 3,241,539 shares of the company’s stock, valued at approximately $4,181,585.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Luzich Partners Llc also recently made the following trade(s):

  • On Thursday, August 8th, Luzich Partners Llc sold 224 shares of Innodata stock. The shares were sold at an average price of $1.26, for a total value of $282.24.
  • On Monday, August 12th, Luzich Partners Llc sold 13,982 shares of Innodata stock. The shares were sold at an average price of $1.28, for a total value of $17,896.96.
  • On Friday, July 26th, Luzich Partners Llc sold 3,800 shares of Innodata stock. The shares were sold at an average price of $1.33, for a total value of $5,054.00.
  • On Wednesday, July 24th, Luzich Partners Llc sold 10,014 shares of Innodata stock. The shares were sold at an average price of $1.39, for a total value of $13,919.46.

Shares of NASDAQ:INOD traded up $0.03 on Thursday, hitting $1.31. 6,207 shares of the company traded hands, compared to its average volume of 38,188. Innodata Inc has a 52 week low of $0.88 and a 52 week high of $2.05. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.76 and a quick ratio of 1.76. The business has a 50 day moving average price of $1.13.

Separately, TheStreet lowered Innodata from a “c-” rating to a “d+” rating in a research report on Monday, May 13th.

Innodata Company Profile

Innodata Inc operates as a digital services and solution company worldwide. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility PR Solutions (Agility). The DDS segment combines deep neural networks and human expertise to make unstructured information useable for various domains, including health, science, and law.

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Insider Buying and Selling by Quarter for Innodata (NASDAQ:INOD)

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