INOD INNODATA INC

NEUTRAL Impact: 4/10 Insider Cluster (4 insiders)
Horizon days Filed May 20, 2026 Processed 23d 11h ago
Insider cluster: 4 insiders, $24.5M total
Latest settled — T+5d ⚠ clustered
INOD ▲ +6.55% at T+5d
NEUTRAL call ✓ call won +6.55% · α vs SPY +4.70% · entry $98.53 → $104.98
Next anchor: T+20d in 5d
Currently $100.90 · +2.41% from $98.53 entry
Entry anchored
May 20, 2026
via day open
T+1d
-3.10%
call -3.10% · α -3.54%
$95.48
settled 23d ago
T+5d
+6.55%
call +6.55% · α +4.70%
$104.98
settled 16d ago
T+20d
call — · α —
in 5d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Four INOD insiders, including the CEO and EVP, sold shares worth $24.46M over a 7-day window (0.84% of market cap). The sales follow a record Q1 earnings report (revenue +54%, raised guidance), suggesting the selling is for liquidity/diversification rather than a negative signal.

Key Financial Metrics

Direction
selling
Total Value
$24.5M
Insiders
4

Actionable Insight

Monitor insider trading patterns over the next few weeks. The cluster is sizable but likely non-informative given the strong earnings context and option exercise patterns. Any follow-on sales by C-suite would warrant closer attention.

Key Facts

  • Total insider sales: $24.46M (0.84% of $2.9B market cap).
  • CEO Jack Abuhoff sold 2,800 shares at $93.03 ($260K) after exercising options.
  • EVP Ashok Mishra sold 234,000 shares at $90.02 ($21.06M) — largest single sale.
  • Directors Forlenza and Massey sold $2.17M and $960K respectively.
  • Cluster follows record Q1 earnings: revenue $90.1M (+54% YoY), Adjusted EBITDA $25.0M (+96%), raised full-year guidance to ~40% growth.
  • Sales are likely related to option exercises and pre-planned 10b5-1 plans, common after strong earnings.

Financial Impact

Insider sales of $24.46M represent 0.84% of market cap.

dilutioninsider selling

Risk Factors

  • Further insider selling could pressure the stock.
  • Options exercise increases share count, potential overhang.

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-1779320046155
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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