EVP and COO Sells 23,654 Innodata Shares for $1.4 Million
01/06/2026 12:30 PM • Ashok Mishra, EVP and COO of Innodata, sold 23,654 shares worth approximately $1.4 million on December 4, 2025, through an option exercise and immediate sale. This represents a 28% reduction in his direct holdings, leaving him with 60,000 shares. Despite the insider selling, analysts note this is not necessarily bearish as Mishra retained a significant position and the stock has surged from $5 in spring 2024 to over $60, driven by AI-driven data solutions.
INOD - While insider selling could be viewed negatively, the article frames this as a routine position trimming rather than a bearish signal. Mishra retained 60,000 shares, indicating continued confidence. The stock has experienced significant growth from $5 to $60+ driven by AI adoption, and the P/E ratio of ~60 is reasonable for a growth-oriented AI stock. The sale appears to be profit-taking at a favorable valuation rather than a loss of confidence in the company.
Investing.com • Thomas Hughes