Key Points
- CEO insider selling: Lawrence Liren Chen sold 2,975 shares on Jan 13 at an average $310.82 (~$924,690), reducing his direct stake to 167,960 shares (a 1.74% decline); he executed identical sales on Jan 6 and Dec 30 at higher prices.
- Strong quarterly results and guidance: InterDigital reported $1.93 EPS (vs. $1.79 expected) and 28% revenue growth to $164.7M, and set FY2025 guidance of $14.57–$14.83 EPS; analysts hold a consensus "Moderate Buy" with a $416.67 price target.
- Dividend and valuation: The company declared a $0.70 quarterly dividend (ex‑dividend Jan 14, payable Jan 28) for a $2.80 annualized payout (0.9% yield), and trades with a market cap around $8.05B and a P/E of ~21.1.
InterDigital, Inc. (NASDAQ:IDCC - Get Free Report) CEO Lawrence Liren Chen sold 2,975 shares of the business's stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $310.82, for a total value of $924,689.50. Following the sale, the chief executive officer directly owned 167,960 shares of the company's stock, valued at $52,205,327.20. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Lawrence Liren Chen also recently made the following trade(s):
- On Tuesday, January 6th, Lawrence Liren Chen sold 2,975 shares of InterDigital stock. The shares were sold at an average price of $334.08, for a total value of $993,888.00.
- On Tuesday, December 30th, Lawrence Liren Chen sold 2,975 shares of InterDigital stock. The shares were sold at an average price of $329.50, for a total value of $980,262.50.
InterDigital Trading Down 0.5%
NASDAQ IDCC opened at $312.63 on Thursday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.02. The business has a fifty day simple moving average of $339.38 and a 200 day simple moving average of $311.71. InterDigital, Inc. has a 12 month low of $169.58 and a 12 month high of $412.60. The firm has a market capitalization of $8.05 billion, a P/E ratio of 21.10 and a beta of 1.57.
InterDigital (NASDAQ:IDCC - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.79 by $0.14. InterDigital had a net margin of 53.50% and a return on equity of 51.89%. The firm had revenue of $164.68 million for the quarter, compared to the consensus estimate of $153.43 million. During the same period in the previous year, the firm earned $1.14 EPS. The business's revenue for the quarter was up 28.0% compared to the same quarter last year. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. On average, analysts predict that InterDigital, Inc. will post 9.21 EPS for the current fiscal 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 paid a $0.70 dividend. The ex-dividend date is Wednesday, January 14th. This represents a $2.80 annualized dividend and a yield of 0.9%. InterDigital's dividend payout ratio (DPR) is 18.89%.
Analyst Ratings Changes
Several research firms have recently issued reports on IDCC. Weiss Ratings lowered InterDigital from a "buy (a-)" rating to a "buy (b+)" rating in a report on Monday, December 29th. Zacks Research downgraded InterDigital from a "strong-buy" rating to a "hold" rating in a research note on Friday, November 21st. Jefferies Financial Group set a $475.00 target price on InterDigital and gave the company a "buy" rating in a research report on Thursday, October 30th. UBS Group set a $425.00 target price on InterDigital in a research note on Monday, December 1st. Finally, William Blair restated an "outperform" rating on shares of InterDigital in a research report on Monday, September 22nd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $416.67.
Read Our Latest Stock Analysis on IDCC
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new stake in InterDigital in the 2nd quarter worth about $71,200,000. Wedge Capital Management L L P NC bought a new position in InterDigital during the third quarter worth about $67,282,000. Empowered Funds LLC boosted its position in InterDigital by 303.1% during the second quarter. Empowered Funds LLC now owns 143,406 shares of the Wireless communications provider's stock worth $32,156,000 after purchasing an additional 107,828 shares during the period. Ameriprise Financial Inc. increased its stake in shares of InterDigital by 36.8% in the second quarter. Ameriprise Financial Inc. now owns 309,663 shares of the Wireless communications provider's stock worth $69,433,000 after purchasing an additional 83,221 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of InterDigital by 92.1% in the second quarter. Allianz Asset Management GmbH now owns 132,094 shares of the Wireless communications provider's stock valued at $29,619,000 after purchasing an additional 63,333 shares during the period. Hedge funds and other institutional investors own 99.83% of the company's stock.
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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