InterDigital, Inc. $IDCC Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC boosted its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC) by 39.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,678 shares of the Wireless communications provider’s stock after acquiring an additional 7,319 shares during the quarter. Intech Investment Management LLC’s holdings in InterDigital were worth $8,175,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd increased its stake in InterDigital by 186.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares during the last quarter. Leonteq Securities AG acquired a new stake in InterDigital during the fourth quarter worth $35,000. Financial Consulate Inc. acquired a new stake in InterDigital during the fourth quarter worth $41,000. Hantz Financial Services Inc. increased its stake in InterDigital by 219.0% during the fourth quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock worth $43,000 after acquiring an additional 92 shares during the last quarter. Finally, Clearstead Advisors LLC increased its stake in InterDigital by 52.3% during the fourth quarter. Clearstead Advisors LLC now owns 198 shares of the Wireless communications provider’s stock worth $63,000 after acquiring an additional 68 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on IDCC. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InterDigital in a research note on Friday, May 1st. Finally, Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, InterDigital currently has an average rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Trading Up 0.5%

Shares of NASDAQ IDCC opened at $252.09 on Friday. InterDigital, Inc. has a twelve month low of $210.88 and a twelve month high of $412.60. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The stock has a fifty day simple moving average of $310.17 and a 200-day simple moving average of $332.19. The stock has a market capitalization of $6.52 billion, a PE ratio of 23.74 and a beta of 1.50.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.03. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The business had revenue of $205.42 million during the quarter, compared to analysts’ expectations of $196.85 million. During the same period in the previous year, the firm posted $3.45 earnings per share. The company’s revenue was down 2.4% on a year-over-year basis. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. On average, equities analysts forecast that InterDigital, Inc. will post 7.59 earnings per share for the current year.

InterDigital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, April 8th. InterDigital’s payout ratio is presently 26.37%.

Insider Buying and Selling at InterDigital

In related news, CTO Rajesh Pankaj sold 1,500 shares of the business’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $313.30, for a total transaction of $469,950.00. Following the completion of the transaction, the chief technology officer directly owned 72,449 shares of the company’s stock, valued at $22,698,271.70. The trade was a 2.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total value of $2,089,260.00. Following the transaction, the insider directly owned 25,889 shares of the company’s stock, valued at $9,014,808.69. The trade was a 18.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,500 shares of company stock valued at $2,927,310 over the last three months. 2.80% of the stock is currently owned by insiders.

InterDigital Company Profile

InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.

The company’s principal services include patent licensing, technology evaluation and consulting.