Innodata Inc (INOD) Files Form 4 Insider Buying : Stewart R Massey Buys 2,500 Shares

Innodata Inc (INOD): Stewart R Massey , director of Innodata Inc purchased 2,500 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.26 per share for a total value of $5,673.14 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2015, Louise C Forlenza (director) purchased 1,250 shares at $2.37 per share price.On May 7, 2015, Stewart R Massey (director) purchased 3,000 shares at $2.62 per share price.

Innodata Inc: On Thursday, May 19, 2016 heightened volatility was witnessed in Innodata Inc which led to swings in the share price. The shares opened for trading at $2.26 and hit $2.27 on the upside , eventually ending the session at $2.26, with a gain of 0.27% or 0.006 points. The heightened volatility saw the trading volume jump to 26,619 shares. The 52-week high of the share price is $2.96 and the company has a market cap of $57,506 M . The 52-week low of the share price is at $2.11.

Innodata Inc Money Flow Index Chart

Innodata Inc. is a digital services and solutions company. The Company operates in three segments: Content Services (CS) Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s Content Services segment provides solutions such as development of digital content (including e-books) development of new digital information products and operational support of existing digital information products and systems. IADS operates through two subsidiaries: Synodex LLC and docGenix LLC. Synodex LLC is engaged in the extraction and classification of data from unstructured medical records. DocGenix LLC is engaged in the extraction and classification of data from unstructured legal records. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries. MediaMiser provides media monitoring and analysis software and professional services. Bulldog Reporter supplies media intelligence news and analysis.

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