InterDigital (NASDAQ:IDCC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.190-1.420 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $112.0 million-$116.0 million, compared to the consensus revenue estimate of $130.5 million. InterDigital also updated its FY 2025 guidance to 9.690-12.920 EPS.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of InterDigital from a “buy” rating to a “hold” rating in a research report on Monday, November 4th.
Check Out Our Latest Stock Analysis on IDCC
InterDigital Stock Performance
InterDigital Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This is a positive change from InterDigital’s previous quarterly dividend of $0.45. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.17%. InterDigital’s dividend payout ratio is currently 14.95%.
Insider Buying and Selling
In other InterDigital news, CTO Rajesh Pankaj sold 700 shares of InterDigital stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $185.00, for a total transaction of $129,500.00. Following the completion of the transaction, the chief technology officer now owns 52,396 shares in the company, valued at approximately $9,693,260. This trade represents a 1.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Lawrence Liren Chen sold 5,891 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $189.12, for a total value of $1,114,105.92. Following the completion of the sale, the chief executive officer now owns 158,652 shares in the company, valued at $30,004,266.24. The trade was a 3.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,322 shares of company stock valued at $2,562,751 over the last quarter. 2.30% of the stock is currently owned by company insiders.
About InterDigital
InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.
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