Key Points
- InterDigital CTO Rajesh Pankaj sold 1,000 shares on March 5 at $368.10 for $368,100, reducing his stake by 1.63% to 60,196 shares (≈$22.16M); he also sold 1,000 shares in both February and January at roughly $326 each.
- InterDigital beat Q4 EPS estimates with $2.12 vs. $1.65 and revenue of $158.23M (down 37.4% YoY), set Q1 2026 guidance of $2.390–2.680 EPS, and carries a consensus "Moderate Buy" from analysts with an average price target of about $416.67.
InterDigital, Inc. (NASDAQ:IDCC - Get Free Report) CTO Rajesh Pankaj sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $368.10, for a total value of $368,100.00. Following the completion of the sale, the chief technology officer directly owned 60,196 shares in the company, valued at approximately $22,158,147.60. This trade represents a 1.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Rajesh Pankaj also recently made the following trade(s):
- On Thursday, February 5th, Rajesh Pankaj sold 1,000 shares of InterDigital stock. The stock was sold at an average price of $326.26, for a total value of $326,260.00.
- On Monday, January 5th, Rajesh Pankaj sold 1,000 shares of InterDigital stock. The stock was sold at an average price of $326.75, for a total value of $326,750.00.
InterDigital Stock Performance
Shares of IDCC opened at $357.06 on Friday. The firm has a fifty day moving average of $340.46 and a 200-day moving average of $338.82. The company has a market cap of $9.17 billion, a price-to-earnings ratio of 29.93 and a beta of 1.57. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. InterDigital, Inc. has a 1 year low of $180.60 and a 1 year high of $412.60.
InterDigital (NASDAQ:IDCC - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The firm had revenue of $158.23 million for the quarter, compared to the consensus estimate of $155.57 million. During the same period last year, the firm posted $5.15 EPS. InterDigital'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. As a group, equities analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current year.
Hedge Funds Weigh In On InterDigital
Hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of InterDigital by 62.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider's stock valued at $707,477,000 after buying an additional 854,845 shares during the period. Norges Bank acquired a new stake in InterDigital in the 4th quarter valued at about $128,918,000. Wedge Capital Management L L P NC bought a new position in shares of InterDigital during the 3rd quarter valued at about $67,282,000. Geode Capital Management LLC boosted its position in shares of InterDigital by 18.6% during the 4th quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider's stock valued at $251,250,000 after purchasing an additional 123,686 shares in the last quarter. Finally, M&T Bank Corp grew its stake in shares of InterDigital by 14,563.6% in the 4th quarter. M&T Bank Corp now owns 109,244 shares of the Wireless communications provider's stock worth $34,781,000 after purchasing an additional 108,499 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have weighed in on IDCC shares. UBS Group set a $425.00 target price on InterDigital in a research note on Monday, December 1st. Weiss Ratings lowered InterDigital from a "buy (a-)" rating to a "buy (b+)" rating in a report on Monday, December 29th. Wall Street Zen raised shares of InterDigital from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research lowered shares of InterDigital from a "strong-buy" rating to a "hold" rating in a research report on Friday, November 21st. Finally, Roth Mkm reissued a "buy" rating on shares of InterDigital in a research note on Tuesday, January 20th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $416.67.
Check Out Our Latest Report on InterDigital
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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