Innodata (NASDAQ:INOD – Free Report) had its target price boosted by BWS Financial from $24.00 to $30.00 in a research report report published on Friday morning, Benzinga reports. They currently have a buy rating on the technology company’s stock.
Separately, Maxim Group began coverage on shares of Innodata in a research report on Monday, July 15th. They set a buy rating and a $30.00 price objective for the company.
Get Our Latest Analysis on INOD
Innodata Stock Performance
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. nVerses Capital LLC acquired a new position in shares of Innodata during the second quarter valued at about $27,000. Montag A & Associates Inc. bought a new stake in Innodata in the fourth quarter valued at about $33,000. Victory Capital Management Inc. bought a new stake in Innodata in the fourth quarter valued at about $53,000. Private Advisor Group LLC increased its stake in Innodata by 8.5% in the fourth quarter. Private Advisor Group LLC now owns 12,700 shares of the technology company’s stock valued at $103,000 after acquiring an additional 1,000 shares during the period. Finally, Elkhorn Partners Limited Partnership bought a new stake in Innodata in the first quarter valued at about $94,000. Institutional investors and hedge funds own 30.75% of the company’s stock.
About Innodata
Innodata Inc operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.
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