Key Points
- CTO Rajesh Pankaj sold 1,000 shares on Jan. 5 at an average price of $326.75, trimming his stake by 1.58% to 62,157 shares valued at about $20.31 million.
- Multiple senior insiders also sold in early January — CFO Richard Brezski sold 6,981 shares on Jan. 5 (~$2.31M) and 5,002 on Jan. 6 (~$1.62M), and CEO Lawrence Chen sold 2,975 shares on Jan. 6 (~$994k) — contributing to negative sentiment.
- InterDigital beat quarterly estimates (EPS $1.93 vs. $1.79) with revenue up 28% year-over-year, and declared a $0.70 quarterly dividend (ex-dividend Jan. 14, payable Jan. 28), reflecting solid fundamentals despite insider selling.
InterDigital, Inc. (NASDAQ:IDCC - Get Free Report) CTO Rajesh Pankaj sold 1,000 shares of InterDigital stock in a transaction on Monday, January 5th. The stock was sold at an average price of $326.75, for a total transaction of $326,750.00. Following the completion of the transaction, the chief technology officer directly owned 62,157 shares of the company's stock, valued at $20,309,799.75. The trade was a 1.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Rajesh Pankaj also recently made the following trade(s):
- On Wednesday, November 5th, Rajesh Pankaj sold 1,000 shares of InterDigital stock. The shares were sold at an average price of $375.31, for a total transaction of $375,310.00.
InterDigital Trading Up 0.1%
IDCC opened at $309.23 on Thursday. The stock has a 50-day moving average of $346.73 and a 200 day moving average of $308.92. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.02. InterDigital, Inc. has a 12 month low of $169.58 and a 12 month high of $412.60. The firm has a market cap of $7.96 billion, a P/E ratio of 20.87 and a beta of 1.57.
InterDigital (NASDAQ:IDCC - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.79 by $0.14. The business had revenue of $164.68 million for the quarter, compared to the consensus estimate of $153.43 million. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The company's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 earnings per share. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. As a group, research analysts forecast that InterDigital, Inc. will post 9.21 EPS for the current year.
InterDigital Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.9%. InterDigital's payout ratio is 18.89%.
Analyst Upgrades and Downgrades
Several brokerages recently commented on IDCC. Weiss Ratings downgraded shares of InterDigital from a "buy (a-)" rating to a "buy (b+)" rating in a report on Monday, December 29th. UBS Group set a $425.00 target price on InterDigital in a research report on Monday, December 1st. William Blair reaffirmed an "outperform" rating on shares of InterDigital in a research note on Monday, September 22nd. Zacks Research lowered InterDigital from a "strong-buy" rating to a "hold" rating in a research note on Friday, November 21st. Finally, Roth Capital boosted their price objective on InterDigital from $270.00 to $350.00 and gave the company a "buy" rating in a report on Friday, September 12th. Four 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, the stock has an average rating of "Moderate Buy" and an average price target of $416.67.
Check Out Our Latest Stock Report on IDCC
Institutional Trading of InterDigital
Institutional investors and hedge funds have recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC bought a new position in InterDigital during the 2nd quarter worth about $28,000. Root Financial Partners LLC purchased a new stake in shares of InterDigital in the 3rd quarter worth approximately $30,000. Global Wealth Strategies & Associates bought a new position in shares of InterDigital during the second quarter valued at approximately $38,000. Aster Capital Management DIFC Ltd increased its holdings 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 valued at $38,000 after buying an additional 71 shares during the period. Finally, Huntington National Bank increased its holdings in InterDigital by 530.3% during the second quarter. Huntington National Bank now owns 208 shares of the Wireless communications provider's stock valued at $47,000 after buying an additional 175 shares during the period. 99.83% of the stock is currently owned by institutional investors.
InterDigital News Roundup
Here are the key news stories impacting InterDigital this week:
- Positive Sentiment: InterDigital renewed a worldwide, non-exclusive, royalty-bearing licensing agreement with a major Chinese vendor — a revenue-supporting deal that reduces execution risk in a key market and helps underpin recurring royalty income. InterDigital Renews Major Chinese Vendor Licensing Agreement
- Neutral Sentiment: InterDigital will present at the Needham Growth Conference on Jan. 14 — a routine investor event that increases management access to analysts and could clarify near-term growth drivers but is unlikely by itself to move fundamentals. InterDigital to Present at 28th Annual Needham Growth Conference
- Negative Sentiment: CFO Richard Brezski sold 6,981 shares on Jan. 5 at about $330.49 (≈$2.31M) and 5,002 shares on Jan. 6 at about $324.08 (≈$1.62M), cutting his stake roughly 6–7% — sizable insider sales that can be viewed as profit-taking or diversification and often weigh on sentiment. CFO Form 4 Filings
- Negative Sentiment: CEO Lawrence Liren Chen sold 2,975 shares on Jan. 6 at about $334.08 (~$994k), a 1.68% reduction in his holding — modest but visible insider selling from the top executive. CEO Form 4 Filing
- Negative Sentiment: CTO Rajesh Pankaj sold 1,000 shares on Jan. 5 at about $326.75 (~$327k), a small (1.58%) reduction — another insider sale contributing to negative sentiment. CTO Form 4 Filing
InterDigital Company Profile
(
Get Free Report)
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.
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