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News  ›  The Motley Fool

EVP and COO Sells 23,654 Innodata Shares for $1.4 Million

The Motley Fool Logo The Motley Fool By Will Healy
EVP and COO Sells 23,654 Innodata Shares for $1.4 Million

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.

Insights
SHOP   neutral

Mentioned only in context of CEO Kaz Nejatian's previous role as COO, with no direct analysis of the company's performance


INOD   neutral

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.