Insider Selling: InterDigital (NASDAQ:IDCC) Director Sells $100,973.60 in Stock

InterDigital, Inc. (NASDAQ:IDCC) Director Jean Rankin sold 365 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $100,973.60. Following the completion of the transaction, the director directly owned 28,938 shares of the company’s stock, valued at approximately $8,005,408.32. This represents a 1.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

InterDigital Trading Up 3.5%

NASDAQ:IDCC opened at $296.04 on Friday. The company has a market capitalization of $7.65 billion, a P/E ratio of 27.88 and a beta of 1.43. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. InterDigital, Inc. has a 12 month low of $213.06 and a 12 month high of $412.60. The firm has a fifty day simple moving average of $298.47 and a 200-day simple moving average of $324.31.

InterDigital (NASDAQ:IDCC) last released its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.03. The firm had revenue of $205.42 million for the quarter, compared to the consensus estimate of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The firm’s revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.45 EPS. 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 research analysts anticipate that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, July 8th. InterDigital’s payout ratio is presently 26.37%.

Wall Street Analyst Weigh In

IDCC has been the topic of a number of recent research reports. Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings lowered shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Finally, Jefferies Financial Group restated a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, InterDigital currently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

Hedge Funds Weigh In On InterDigital

Institutional investors and hedge funds have recently modified their holdings of the stock. Kemnay Advisory Services Inc. purchased a new stake in shares of InterDigital in the fourth quarter worth about $26,000. Anchor Investment Management LLC purchased a new position in InterDigital during the first quarter valued at approximately $30,000. Aster Capital Management DIFC Ltd lifted its holdings in InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 71 shares during the period. Leonteq Securities AG acquired a new position in InterDigital in the fourth quarter valued at approximately $35,000. Finally, Financial Consulate Inc. purchased a new stake in InterDigital in the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court confirming patent validity and barring infringement across 11 EU countries. That strengthens InterDigital’s licensing leverage and could support future royalty negotiations. InterDigital awarded injunction against Disney by Unified Patent Court
• Positive Sentiment: Several recent analyst updates from Zacks Research nudged near-term and medium-term earnings forecasts higher, signaling continued confidence in InterDigital’s earnings power and patent monetization outlook.
• Positive Sentiment: The company also highlighted innovation in video, AI, and energy-efficient streaming at the FOKUS Media Web Symposium, reinforcing its technology leadership and long-term licensing value. InterDigital to Spotlight Innovation Underpinning Interactive AR and Energy-Efficient Video Streaming at 2026 FOKUS Media Web Symposium

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.