Nauman Sabeeh Toor Acquires 60,068 Shares of Innodata Inc (INOD) Stock

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Innodata Inc (NASDAQ:INOD) major shareholder Nauman Sabeeh Toor purchased 60,068 shares of the company’s stock in a transaction on Tuesday, October 9th. The stock was acquired at an average cost of $1.40 per share, for a total transaction of $84,095.20. Following the completion of the purchase, the insider now owns 398,821 shares of the company’s stock, valued at approximately $558,349.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Nauman Sabeeh Toor also recently made the following trade(s):

  • On Thursday, October 11th, Nauman Sabeeh Toor acquired 82,137 shares of Innodata stock. The shares were purchased at an average price of $1.40 per share, with a total value of $114,991.80.
  • On Friday, September 21st, Nauman Sabeeh Toor acquired 5,653 shares of Innodata stock. The shares were purchased at an average price of $1.34 per share, with a total value of $7,575.02.
  • On Wednesday, September 19th, Nauman Sabeeh Toor acquired 26,107 shares of Innodata stock. The shares were purchased at an average price of $1.29 per share, with a total value of $33,678.03.
  • On Wednesday, September 12th, Nauman Sabeeh Toor acquired 20,000 shares of Innodata stock. The shares were purchased at an average price of $1.23 per share, with a total value of $24,600.00.
  • On Friday, August 10th, Nauman Sabeeh Toor acquired 34,975 shares of Innodata stock. The shares were purchased at an average price of $1.21 per share, with a total value of $42,319.75.
  • On Monday, July 30th, Nauman Sabeeh Toor acquired 20,000 shares of Innodata stock. The shares were purchased at an average price of $1.15 per share, with a total value of $23,000.00.
  • On Wednesday, August 1st, Nauman Sabeeh Toor acquired 20,011 shares of Innodata stock. The shares were purchased at an average price of $1.15 per share, with a total value of $23,012.65.

NASDAQ INOD opened at $1.42 on Friday. Innodata Inc has a 52 week low of $0.88 and a 52 week high of $1.51. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.13.

Separately, ValuEngine upgraded Innodata from a “hold” rating to a “buy” rating in a report on Monday, July 2nd.

A hedge fund recently raised its stake in Innodata stock. Luzich Partners LLC grew its position in shares of Innodata Inc (NASDAQ:INOD) by 4.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,316,550 shares of the technology company’s stock after acquiring an additional 61,944 shares during the quarter. Innodata comprises 1.5% of Luzich Partners LLC’s holdings, making the stock its 12th largest holding. Luzich Partners LLC owned 5.09% of Innodata worth $1,514,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 22.63% of the company’s stock.

About Innodata

Innodata Inc, a digital services and solutions company, provides technology solutions and services worldwide. The company operates through three segments: Digital Data Solutions (DDS), Innodata Advanced Data Solutions (IADS), and Media Intelligence Solutions (MIS). The DDS segment produces and distributes e-books; develops new digital information products; and provides operational support services for existing digital information products and systems, including content aggregation, extraction, encoding, indexing and abstracting, fabrication, and distribution.

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