Jack Abuhoff, CEO of Innodata Inc. (), sold 150,000 shares of the company’s common stock on May 21, 2026, for a total value of approximately $14,344,132. The shares were sold at prices ranging from $94.34 to $97.66 per share. The timing follows a remarkable 183% stock price surge over the past year, with shares currently trading at $98.48.
Prior to these sales, Mr. Abuhoff acquired an equal number of shares by exercising stock options at a price of $4.99 per share, totaling $748,500. The stock options had become fully vested and exercisable on January 1, 2025, and are set to expire on March 9, 2032.
The disposition of shares was made as part of Mr. Abuhoff’s long-term financial planning, including for retirement and portfolio diversification purposes. The sales were executed in multiple transactions, with weighted average prices between $94.92 and $97.49 per share.
Following these transactions, Mr. Abuhoff directly holds 1,340,456 shares of Innodata common stock. This total includes 140,098 restricted stock units (RSUs) that are scheduled to vest in installments through December 2028. Additionally, Mr. Abuhoff retains 143,642 stock options.According to InvestingPro analysis, the stock appears overvalued at current levels based on Fair Value metrics. For deeper insights into INOD’s valuation and financial health, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Innodata Inc. reported its Q1 2026 earnings, significantly surpassing forecasts. The company achieved an earnings per share (EPS) of $0.42, well above the anticipated $0.23. Revenue figures also exceeded expectations, reaching $90.09 million compared to the projected $72.1 million. These developments highlight Innodata’s strong financial performance in the first quarter of the year. The company’s positive earnings report has drawn attention from investors and analysts alike. While the stock price movement was noted, it is the earnings and revenue results that stand out. This marks a noteworthy achievement for Innodata in the financial landscape.
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