Louise C Forlenza

Director Louise C Forlenza sold 18,000 shares at $94.47 blended average for $1.7M on 2026-05-21, reducing holdings by -82.0%.

Louise C Forlenza executed 4 separate sales totaling 18,000 shares for $1,700,370.92 on 2026-05-21, reducing her INOD holdings from 21,943 shares to 3,943 shares. The blended average price of $94.47 occurs as the stock trades at $94.71 current price, -17.5% from its 52-week high of $114.77. Her prior sales at this ticker show a 0 of 1 well-timed rate at the 90-day mark (the most recent prior sale on 2026-05-19 saw a +10.0% 90-day return, indicating the stock rose after her sale). Cross-ticker, her track record across all tickers shows 11 prior sells with a 90d well-timed rate of 42.86%, suggesting sells have historically lagged the stock's subsequent appreciation slightly more often than not. The magnitude of the position reduction—82% of pre-transaction holdings—alongside four separate transactions on a single date merits investor attention to understand the underlying motivation.

Director Louise C Forlenza sold 20,000 shares (83.5% of holdings) across 5 transactions for $1.8M at blended avg $90.77

Louise C Forlenza (Director) executed 5 separate sales totaling 20,000 shares for $1,815,401.74 on 2026-05-19 and 2026-05-20, reducing her holdings from 23,943 to 3,943 shares. This represents a -83.5% reduction in her position at blended average price $90.77, occurring while the stock trades at $94.71 current price. Her prior trades at INOD show consistent patterns: 3 of 3 prior sells at this ticker were well-timed at the 90-day mark, with 90-day returns of -21.6%, -22.2%, and -23.5%, and her cross-ticker track record across all open-market sales shows a 90d well-timed rate of 100.00%. The substantial liquidation of 83.5% of holdings warrants examination of whether this large-scale divestiture aligns with her historical disciplined selling pattern.

Director Louise C Forlenza exercised options and sold shares at INOD, offsetting all gains in same-day transactions.

Louise C Forlenza, a director at INOD, exercised options to acquire 30,000 shares at low prices and immediately sold all 30,000 shares at substantially higher prices on the same day, resulting in no net change to her stake. This appears to be a liquidity event rather than a conviction signal—the exercise-and-sell pattern, executed on a single trading date, suggests systematic option liquidation rather than a deliberate accumulation or reduction of ownership. Her prior three sales at this company were each followed by stock declines, establishing a track record of well-timed exits, though the current transaction's timing cannot yet be evaluated. INOD trades well below its 52-week high despite significant gains over recent months, and the company remains profitable with strong annual revenue growth, but the director's flat post-transaction stake suggests she is neither adding to nor reducing her direct ownership at current levels.

Director Louise Forlenza sells 42,984 shares (96% of holdings) across 3 transactions for $1,907,702.06 at blended average $44.38

Louise Forlenza, a director of Innodata Inc, executed 3 separate sales on 2024-11-13 totaling 42,984 shares for $1,907,702.06, reducing her holdings from 44,758 shares to 1,774 shares—a 96.0% reduction in her position. The sales occurred at prices of $44.01, $44.35, and $45.12, well above the current price of $39.16 and near the 52-week high of $45.99. Despite a strong recent rally (30-day change: +131.4%, 90-day change: +129.5%), the company's fundamentals remain concerning: it posted full-year net income that was negative, though the latest quarterly revenue was $52,224,000.00 with net income of $17,389,000.00. The near-complete liquidation of a director's holdings at elevated valuations following a significant rally, combined with the company's negative annual profitability, represents a material shift in insider positioning.