Louise C. Forlenza, a director at Innodata Inc. (NASDAQ:INOD), recently sold 20,000 shares of common stock for a total value of approximately $1,815,401 on May 19 and 20, 2026, according to a Form 4 filing.
The sales followed the acquisition of an equal number of shares through stock option exercises. Innodata shares trade near $94.71, reflecting a 154% return over the past year.
According to Bond.az analysis, the stock appears overvalued relative to its Fair Value, with a P/E ratio of 82.5. The company maintains an 'EXCELLENT' financial health score, though the stock trades with high volatility.
On May 19, Forlenza acquired 5,000 shares at $1.24 each and sold them at a weighted average price of $86.10. On May 20, she acquired 15,000 more shares at $1.24 and sold them at various prices: $93.02, $90.07, $93.89, and $94.76.
The total value of shares acquired through options was $24,800. The sales were for personal investment and portfolio diversification. After the transactions, Forlenza directly holds 3,943 shares.
In other news, Innodata reported Q1 2026 EPS of $0.42, beating the $0.23 estimate, and revenue of $90.09 million, surpassing the $72.1 million forecast.












