Key Points
- Insider sale: Joshua Schmidt sold 467 shares on Feb. 27 at an average price of $365.86 for a total of $170,856.62, reducing his stake by 1.70% to 27,021 shares valued at about $9.89 million.
- Earnings beat but lower revenue: InterDigital reported $2.12 EPS vs. $1.65 expected and set Q1 2026 guidance of 2.390–2.680 EPS, while quarterly revenue fell 37.4% year-over-year to $158.23 million.
- Market and analyst context: The stock trades around $370.80 with a $9.53 billion market cap, pays a $0.70 quarterly dividend (0.8% yield), and carries a consensus "Moderate Buy" rating with a $416.67 price target.
InterDigital, Inc. (NASDAQ:IDCC - Get Free Report) insider Joshua Schmidt sold 467 shares of the firm's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $365.86, for a total transaction of $170,856.62. Following the sale, the insider owned 27,021 shares of the company's stock, valued at approximately $9,885,903.06. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
InterDigital Trading Down 2.1%
NASDAQ:IDCC opened at $370.80 on Wednesday. InterDigital, Inc. has a 52 week low of $180.60 and a 52 week high of $412.60. The stock has a market cap of $9.53 billion, a price-to-earnings ratio of 31.08 and a beta of 1.57. The company's 50 day moving average price is $338.32 and its 200-day moving average price is $337.79. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01.
InterDigital (NASDAQ:IDCC - Get Free Report) last posted its earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.47. InterDigital had a return on equity of 41.09% and a net margin of 48.76%.The business had revenue of $158.23 million during the quarter, compared to analyst estimates of $155.57 million. During the same quarter last year, the company earned $5.15 EPS. The company's quarterly revenue was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. On average, equities research analysts forecast that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.
InterDigital Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.8%. InterDigital's dividend payout ratio is 23.47%.
Institutional Investors Weigh In On InterDigital
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its position in shares of InterDigital by 62.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider's stock worth $707,477,000 after purchasing an additional 854,845 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of InterDigital by 18.6% during the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider's stock worth $251,250,000 after acquiring an additional 123,686 shares during the last quarter. Invesco Ltd. grew its stake in InterDigital by 24.8% during the fourth quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider's stock valued at $143,546,000 after acquiring an additional 89,647 shares in the last quarter. Reinhart Partners LLC. increased its holdings in InterDigital by 1.3% in the 4th quarter. Reinhart Partners LLC. now owns 417,639 shares of the Wireless communications provider's stock valued at $132,973,000 after acquiring an additional 5,293 shares during the last quarter. Finally, Norges Bank purchased a new stake in InterDigital in the 4th quarter worth $128,918,000. 99.83% of the stock is owned by institutional investors.
Analysts Set New Price Targets
IDCC has been the topic of several research analyst reports. Weiss Ratings cut 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 report on Friday, November 21st. Wall Street Zen lowered shares of InterDigital from a "hold" rating to a "sell" rating in a research report on Saturday, February 21st. Roth Mkm reaffirmed a "buy" rating on shares of InterDigital in a report on Tuesday, January 20th. Finally, UBS Group set a $425.00 price target on shares of InterDigital in a research note on Monday, December 1st. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, InterDigital currently has an average rating of "Moderate Buy" and a consensus price target of $416.67.
View Our Latest Stock Report on InterDigital
About InterDigital
(
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.
Further Reading
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