Key Points
- InterDigital director Samir Armaly sold 470 shares on June 12 at an average price of $276.64, totaling about $130,020.80. After the transaction, he still owned 4,608 shares, and the sale was made under a pre-arranged 10b5-1 plan.
- The company recently reported stronger-than-expected quarterly results, with EPS of $2.57 versus estimates of $2.54 and revenue of $205.42 million, above analyst expectations. InterDigital also raised guidance for Q2 2026 and FY 2026.
- InterDigital continues to pay a quarterly dividend of $0.70 per share, implying an annualized payout of $2.80 and a yield of about 1.0%. Analysts currently rate the stock a “Moderate Buy,” with a consensus target price of $416.67.
InterDigital, Inc. (NASDAQ:IDCC - Get Free Report) Director John Kritzmacher sold 365 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $100,973.60. Following the completion of the sale, the director owned 16,359 shares of the company's stock, valued at approximately $4,525,553.76. The trade was a 2.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
InterDigital Stock Performance
NASDAQ:IDCC opened at $287.15 on Wednesday. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $7.42 billion, a PE ratio of 27.04 and a beta of 1.43. The firm has a 50-day moving average price of $299.42 and a 200 day moving average price of $325.26.
InterDigital (NASDAQ:IDCC - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.03. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The firm had revenue of $205.42 million during the quarter, compared to analyst estimates of $196.85 million. During the same quarter in the prior year, the business posted $3.45 earnings per share. The company's quarterly revenue was down 2.4% compared to the same quarter last year. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. Research analysts anticipate that InterDigital, Inc. will post 7.41 earnings per share for the current fiscal year.
InterDigital Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.0%. InterDigital's dividend payout ratio (DPR) is currently 26.37%.
Analysts Set New Price Targets
A number of brokerages recently weighed in on IDCC. Weiss Ratings lowered shares of InterDigital from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday. Jefferies Financial Group reaffirmed a "buy" rating on shares of InterDigital in a research note on Wednesday, March 18th. Finally, Wall Street Zen raised shares of InterDigital from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, InterDigital presently has a consensus rating of "Moderate Buy" and an average target price of $416.67.
View Our Latest Research Report on IDCC
Institutional Investors Weigh In On InterDigital
A number of hedge funds and other institutional investors have recently made changes to their positions in IDCC. Price T Rowe Associates Inc. MD increased its stake in InterDigital by 62.5% in the 4th 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 last quarter. Geode Capital Management LLC increased its stake 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 worth $251,250,000 after purchasing an additional 123,686 shares during the last quarter. Invesco Ltd. increased its stake in shares of InterDigital by 24.8% during the 4th quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider's stock worth $143,546,000 after purchasing an additional 89,647 shares during the last quarter. Reinhart Partners LLC. increased its stake in shares of InterDigital by 1.3% during the 4th quarter. Reinhart Partners LLC. now owns 417,639 shares of the Wireless communications provider's stock worth $132,973,000 after purchasing an additional 5,293 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of InterDigital during the 4th quarter worth about $128,918,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting InterDigital
Here are the key news stories impacting InterDigital this week:
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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