On June 16, Innodata Inc rose 8.94% in regular trading, trading at $109.77/share, with turnover of $38.49 million. The rebound comes after the stock had pulled back approximately 20% from its recent high of $118, driven by concerns over CEO MISHRA ASHOK's intensive share sales disclosed in multiple SEC Form 4 and Form 144 filings.

The recovery is underpinned by robust fundamental performance. The company reported Q1 revenue of $90.096 million, representing a 54.42% year-over-year increase, while net income attributable to shareholders surged 91.32% year-over-year. Additionally, Wedbush previously raised its price target to $120, leaving upside from current levels. Following the extended selloff to approximately $94, buying interest has re-emerged as investors weigh the company's strong earnings trajectory against the insider selling overhang, with clear signs of capital flowing back into the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)