INOD Innodata (INOD) Insider Trading, Ownership & Congress Trades
Software & IT · Services-computer processing & data preparation · CIK 0000903651
Form 144 · 2
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
175
13F, latest reported quarter
Conversions, 180 days
28
Codes C/M, not in net · $9.5M priced
What the filings say about INOD
Insiders, 180 days
-$159.4M net sold
5 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$1.1M
2 notices
Innodata insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, INNODATA INC insiders sold a net $159.4M of stock across 173 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 24 earlier Form 4 trades (code P or S) here by this insider (24 sales), the last on Sep 4, 2026.
- The trade is 184.4% of the 5,424 shares held after it.
- No other insider sold within 30 days.
- 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director FORLENZA LOUISE C sold about $535.4K of INOD on Sep 14, 2026; 175 funds added in the latest 13F quarter.Context
- 23 earlier Form 4 trades (code P or S) here by this insider (23 sales), the last on May 21, 2026.
- The trade is 184.4% of the 5,424 shares held after it.
- No other insider sold within 30 days.
- 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director FORLENZA LOUISE C sold about $550.1K of INOD on Sep 4, 2026; 175 funds added in the latest 13F quarter.Context
- 58 earlier Form 4 trades (code P or S) here by this insider (58 sales), the last on Jun 15, 2026.
- The trade is 1.3% of the 1,504,484 shares held after it.
- 3 other insiders sold within 30 days.
- 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO ABUHOFF JACK sold about $2.1M of INOD on Jun 16, 2026; 3 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.Context
- 58 earlier Form 4 trades (code P or S) here by this insider (58 sales), the last on Jun 15, 2026.
- The trade is 3.8% of the 1,450,073 shares held after it.
- 3 other insiders sold within 30 days.
- 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO ABUHOFF JACK sold about $6.0M of INOD on Jun 16, 2026; 3 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.Context
- 58 earlier Form 4 trades (code P or S) here by this insider (58 sales), the last on Jun 15, 2026.
- The trade is 3.0% of the 1,408,480 shares held after it.
- 3 other insiders sold within 30 days.
- 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO ABUHOFF JACK sold about $4.6M of INOD on Jun 16, 2026; 3 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.173 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$159.4M over 180 days
-$1.1M over 90 days
below 93% of Software & IT
Congress
no House purchase disclosed in the last 12 months
Funds
175 funds bought in last quarter
more than 69% of Software & IT
Revenue
+47.6% year over year
more than 84% of Software & IT
Margin
12.8% net margin
more than 77% of Software & IT
Buybacks
no share repurchases reported
Short interest
13.7% of the float short (float per yahoo 2026-10-27) · 3.6 days to cover · settled 2026-10-15
more than 92% of Software & IT
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch INOD
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-18.9%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns INOD: institutional holders (13F)
13F holdings, latest reported quarter
2,717,666 sh
$205.4M
1,390,637 sh
$105.1M
1,274,821 sh
$96.4M
878,778 sh
$66.4M
836,643 sh
$63.2M
Congress trades in INOD
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
INOD planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
LOUISE FORLENZA
Filed 2026-09-14
$535.5K
LOUISE FORLENZA
Filed 2026-09-04
$550.1K
INOD mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Allspring SMID Core ETF
$2.1M position · as of 2026-06-30
1.8%
Nationwide Renaissance Small Cap Growth Fund
$376.7K position · as of 2026-07-31
1.7%
State Street(R) SPDR(R) FactSet Innovative Technology ETF
$941.6K position · as of 2026-06-30
1.4%
RiverPark/Next Century Growth Fund
$154.3K position · as of 2026-06-30
1.3%
Brown Advisory Sustainable Small-Cap Core Fund
$1.4M position · as of 2026-06-30
1.2%
FULLERTHALER BEHAVIORAL MICRO-CAP EQUITY FUND
$343.9K position · as of 2026-06-30
1.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $159.4M sold by insiders over 180 days, 175 funds added last quarter, $1.1M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
INOD financials
Revenue growth
+47.6%
XBRL, annual
Net margin
12.8%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$317.2M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM INOD
| FY Dec 2025 | $251.7M |
| FY Dec 2024 | $170.5M |
| FY Dec 2023 | $86.8M |
| FY Dec 2022 | $79.0M |
| FY Dec 2021 | $69.8M |
| Jun 2026 | $92.1M |
| Mar 2026 | $90.1M |
| Dec 2025 | $72.4M |
| Sep 2025 | $62.5M |
| Jun 2025 | $58.4M |
| Mar 2025 | $58.3M |
| Dec 2024 | $59.2M |
| Sep 2024 | $52.2M |
At each fiscal year end
Single quarter
Net margin, TTM
+14.7%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM INOD
| FY Dec 2025 | +12.8% |
| FY Dec 2024 | +16.8% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +15.6% |
| Mar 2026 | +16.5% |
| Dec 2025 | +12.2% |
| Sep 2025 | +13.3% |
| Jun 2025 | +12.4% |
| Mar 2025 | +13.3% |
| Dec 2024 | +17.4% |
| Sep 2024 | +33.3% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$183.8M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM INOD
| FY Dec 2025 | $35.6M |
| FY Dec 2024 | $27.1M |
| FY Dec 2023 | $339.0K |
| FY Dec 2022 | -$7.7M |
| FY Dec 2021 | $783.0K |
| Jun 2026 | $124.3M |
| Mar 2026 | $34.8M |
| Dec 2025 | $10.1M |
| Sep 2025 | $14.7M |
| Jun 2025 | $2.5M |
| Mar 2025 | $8.4M |
| Dec 2024 | $15.0M |
| Sep 2024 | $9.9M |
At each fiscal year end
Single quarter
Debt to equity
0.04x
long-term 2022-12-31 (42 months older than the period end) plus current 2022-12-31 (42 months older than the period end); equity 2026-06-30
Debt to equity INOD
| FY Dec 2025 | 0.06x |
| FY Dec 2024 | 0.09x |
| FY Dec 2023 | 0.23x |
| FY Dec 2022 | 0.32x |
| FY Dec 2021 | 0.25x |
| Jun 2026 | 0.04x |
| Mar 2026 | 0.05x |
| Dec 2025 | 0.06x |
| Sep 2025 | 0.06x |
| Jun 2025 | 0.07x |
| Mar 2025 | 0.08x |
| Dec 2024 | 0.09x |
| Sep 2024 | 0.12x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
32.94x
TTM operating cash flow over long-term 2022-12-31 (42 months older than the period end) plus current 2022-12-31 (42 months older than the period end)
Cash flow to debt INOD
| FY Dec 2025 | 7.85x |
| FY Dec 2024 | 5.85x |
| FY Dec 2023 | 0.99x |
| FY Dec 2022 | -0.20x |
| FY Dec 2021 | 0.69x |
| Jun 2026 | 32.94x |
| Mar 2026 | 12.29x |
| Dec 2025 | 7.85x |
| Sep 2025 | 8.57x |
| Jun 2025 | 7.31x |
| Mar 2025 | 6.53x |
| Dec 2024 | 5.85x |
| Sep 2024 | 2.99x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+37.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity INOD
| FY Dec 2025 | +37.7% |
| FY Dec 2024 | +64.3% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +37.7% |
| Mar 2026 | +38.6% |
| Dec 2025 | +37.7% |
| Sep 2025 | +46.4% |
| Jun 2025 | +73.8% |
| Mar 2025 | +68.8% |
| Dec 2024 | +64.3% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+19.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets INOD
| FY Dec 2025 | +22.8% |
| FY Dec 2024 | +33.2% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +19.0% |
| Mar 2026 | +23.4% |
| Dec 2025 | +22.8% |
| Sep 2025 | +27.9% |
| Jun 2025 | +43.0% |
| Mar 2025 | +37.6% |
| Dec 2024 | +33.2% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
invested capital is zero or negative
Return on invested capital INOD
| FY Dec 2025 | +116.0% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | +149.1% |
| Dec 2025 | +116.0% |
| Sep 2025 | +115.2% |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+29.7%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed INOD
| FY Dec 2025 | +41.5% |
| FY Dec 2024 | +44.1% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +29.7% |
| Mar 2026 | +35.2% |
| Dec 2025 | +41.5% |
| Sep 2025 | +48.2% |
| Jun 2025 | +58.1% |
| Mar 2025 | +50.3% |
| Dec 2024 | +44.1% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
45.39x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing INOD
| FY Dec 2025 | 55.99x |
| FY Dec 2024 | 44.91x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 57.26x |
| Mar 2026 | 34.79x |
| Dec 2025 | 55.99x |
| Sep 2025 | 77.07x |
| Jun 2025 | 40.33x |
| Mar 2025 | 33.55x |
| Dec 2024 | 44.91x |
| Sep 2024 | 27.95x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$1.8B
market value at close 2026-10-26 on 2026-07-31 shares, plus long-term 2022-12-31 (42 months older than the period end) plus current 2022-12-31 (42 months older than the period end), minus cash 2026-06-30
Enterprise value INOD
| FY Dec 2025 | $1.5B |
| FY Dec 2024 | $1.1B |
| FY Dec 2023 | $225.8M |
| FY Dec 2022 | $77.5M |
| FY Dec 2021 | $149.3M |
| Jun 2026 | $2.2B |
| Mar 2026 | $1.1B |
| Dec 2025 | $1.5B |
| Sep 2025 | $2.4B |
| Jun 2025 | $1.6B |
| Mar 2025 | $1.1B |
| Dec 2024 | $1.1B |
| Sep 2024 | $465.7M |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+8.9%
TTM free cash flow over market value at close 2026-10-26
FCF yield INOD
| FY Dec 2025 | +2.2% |
| FY Dec 2024 | +2.4% |
| FY Dec 2023 | +0.1% |
| FY Dec 2022 | -9.5% |
| FY Dec 2021 | +0.5% |
| Jun 2026 | +7.4% |
| Mar 2026 | +4.9% |
| Dec 2025 | +2.2% |
| Sep 2025 | +1.7% |
| Jun 2025 | +2.2% |
| Mar 2025 | +2.7% |
| Dec 2024 | +2.4% |
| Sep 2024 | +2.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
11.53x
P/E over trailing EPS growth of 4%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing INOD
| FY Dec 2025 | 16.42x |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 14.54x |
| Mar 2026 | 9.31x |
| Dec 2025 | 16.42x |
| Sep 2025 | 1.16x |
| Jun 2025 | 0.03x |
| Mar 2025 | 0.02x |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $251.7M | $170.5M | $86.8M | $79.0M |
| Gross profit | $99.5M | $67.1M | $31.3M | n/a |
| Operating income | $39.9M | $24.3M | $318.0K | n/a |
| Net income | $32.2M | $28.7M | -$908.5K | -$11.9M |
| EPS (diluted) | 0.92 | 0.89 | -0.03 | -0.44 |
| Operating cash flow | $46.8M | $34.9M | $5.9M | -$1.2M |
| Cash | $82.2M | $46.9M | $13.8M | $9.8M |
| Long-term debt | n/a | n/a | n/a | $5.1M |
SEC XBRL, fiscal years, as known on 2026-10-28
INOD Stock Sonar score 6/7 axes
Find similar shapesCompareINOD ranks highest on profitability (91st percentile) and financial health (84th), and lowest on insider conviction (3rd), among Software & IT peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
INOD filings, in plain words
Are Innodata insiders buying or selling INOD?
In the 180 days to 2026-10-28, Innodata insiders were net sellers, a net $159.4M across purchases and sales reported on Form 4, by 5 sellers.
Are there planned insider sales of INOD?
Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $1.1M of stock; the latest, by LOUISE FORLENZA, was filed 2026-09-14.
Read the full summary
In the 180 days to 2026-10-28, Innodata insiders were net sellers of INOD, a net $159.4M across purchases and sales reported on Form 4 by 5 sellers. None of the 75 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $1.1M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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