Hatchetaxe

INOD - Ai metadata turning profitable and still at 1.4x sales

Long
NASDAQ:INOD   Innodata Inc.
Company has never been so well positioned in history between their product and technology meeting the Ai trend at the right time. Company bought back 1mm shares around 1.50 not too long ago, but based on peers at 5-10x rev and sum of parts valuation in 2x range, this should hold here as last night 2 new institutional holders reported taking a position and one was from old PM from Nicholas-Applegate Capital. Remember this had 0 institutional ownership besides Renaissance Tech which also increased their position.
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