INOD INNODATA INC

NEUTRAL Impact: 3/10 Insider Cluster (4 insiders)
Horizon days Filed Jun 3, 2026 Processed 4d 14h ago
Insider cluster: 2 insiders, $1.9M total

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Executive Summary

Two C-suite insiders at INOD (CEO and COO) sold a combined $1.92M in open-market sales within a 7-day window, representing ~0.06% of the company's $3.3B market cap. The COO's sale was preceded by derivative exercises at $0 cost, suggesting the sales are liquidity-driven rather than informed. The CEO's sale is isolated and modest relative to market cap. This cluster is trivial in scale and non-informative per academic literature on insider sales — no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$1.9M
Insiders
4

Actionable Insight

This cluster is routine and sub-proportional to market cap. The COO exercised and immediately sold, a classic tax/RSU-vesting pattern. No bearish read-through. Monitor any future open-market purchases by C-suite as a stronger buy signal; ignore isolated sales at this scale.

Key Facts

  • CEO ABUHOFF JACK sold 7,400 shares for $744K at $100.51 on May 29
  • COO MISHRA ASHOK sold 10,300 shares for $1.17M at $113.75 on June 2; also exercised 53,332 derivative shares ($0 cost) in two transactions same day
  • Total open-market sales of $1.92M = ~0.058% of $3.3B market cap
  • Non-cash grants to two directors (1,481 shares each at $0) included in window — no economic signal
  • Insider sales are weak predictors; cluster sales are NOT more informative than singletons per Alldredge (2019)

Financial Impact

Total insider sales of $1.92M are ~0.06% of market cap — immaterial

dilution (derivative exercises)insider ownership

Risk Factors

  • Insider sentiment can be misread at sub-0.1% market cap levels
  • CEO sale isolated but at elevated price ~$100 — no context for his cost basis or holding period

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
90% bullish (10 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-INOD-1780949915451
11 reports for INOD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for INOD — sortable, filterable
Type Now
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$112.52 awaiting T+1awaiting T+1$100.90 (−10.33%)
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$112.52 awaiting T+1awaiting T+1$100.90 (−10.33%)
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$108.27 $121.50▲ +12.22%▲ +11.82%$100.90 (−6.81%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 4/10
$89.00 $99.35▲ +11.63%▲ +11.08%$100.90 (+13.37%)
May 21, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$95.48 $95.91▲ +0.45%▼ −0.14%$100.90 (+5.68%)
May 20, 2026
23d ago
Insider Cluster
NEUTRAL ★ 4/10
$98.53 $95.48▼ −3.10%▼ −3.54%$100.90 (+2.41%)
May 18, 2026
25d ago
Insider Cluster
BEARISH ★ 6/10
$88.19 $94.71▼ −7.39%▼ −6.35%$100.90 (−14.41%)
May 18, 2026
25d ago
Insider Cluster
NEUTRAL ★ 5/10
$88.19 $94.71▲ +7.39%▲ +6.35%$100.90 (+14.41%)
May 12, 2026
4w ago
Insider Cluster
NEUTRAL ★ 5/10
$92.09 $89.95▼ −2.32%▼ −2.90%$100.90 (+9.57%)
May 12, 2026
4w ago
Insider Cluster
NEUTRAL ★ 5/10
$92.09 $89.95▼ −2.32%▼ −2.90%$100.90 (+9.57%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (50h 54m)

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