InterDigital, Inc. (NASDAQ:IDCC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of InterDigital, Inc. (NASDAQ:IDCC) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $416.6667.

Separately, Weiss Ratings cut shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th.

InterDigital Trading Up 0.4%

NASDAQ:IDCC opened at $259.26 on Tuesday. InterDigital has a 1-year low of $213.06 and a 1-year high of $412.60. The business’s 50-day moving average price is $269.15 and its two-hundred day moving average price is $311.75. 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 firm has a market capitalization of $6.70 billion, a price-to-earnings ratio of 24.41 and a beta of 1.42.

InterDigital (NASDAQ:IDCC) last issued its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. The firm had revenue of $205.42 million for the quarter, compared to analysts’ expectations of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The company’s revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.45 earnings per share. 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 expect that InterDigital will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is currently 26.37%.

Insider Activity at InterDigital

In related news, Director John A. Kritzmacher 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 sale, the director owned 16,359 shares of the company’s stock, valued at approximately $4,525,553.76. This trade represents a 2.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Samir Armaly sold 470 shares of InterDigital stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $130,020.80. Following the transaction, the director owned 4,608 shares in the company, valued at approximately $1,274,757.12. This represents a 9.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,872 shares of company stock valued at $1,654,159. 3.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On InterDigital

Large investors have recently modified their holdings of the business. Pictet Asset Management Holding SA lifted its stake in InterDigital by 293.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 14,098 shares of the Wireless communications provider’s stock valued at $4,489,000 after buying an additional 10,515 shares in the last quarter. NewEdge Wealth LLC boosted its position in InterDigital by 68.4% during the 1st quarter. NewEdge Wealth LLC now owns 13,783 shares of the Wireless communications provider’s stock worth $4,163,000 after acquiring an additional 5,599 shares during the last quarter. Principal Financial Group Inc. grew its position in InterDigital by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 146,320 shares of the Wireless communications provider’s stock valued at $46,585,000 after purchasing an additional 6,494 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of InterDigital in the 4th quarter valued at about $1,852,000. Finally, Intech Investment Management LLC grew its stake in InterDigital by 39.9% in the fourth quarter. Intech Investment Management LLC now owns 25,678 shares of the Wireless communications provider’s stock valued at $8,175,000 after purchasing an additional 7,319 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors.

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.