Harbor Capital Advisors Inc. Has $4.02 Million Holdings in InterDigital, Inc. $IDCC

Harbor Capital Advisors Inc. cut its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC) by 73.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,639 shares of the Wireless communications provider’s stock after selling 32,021 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in InterDigital were worth $4,018,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in InterDigital during the 2nd quarter worth $71,200,000. New Vernon Capital Holdings II LLC lifted its position in shares of InterDigital by 25,257.5% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 204,889 shares of the Wireless communications provider’s stock valued at $42,361,000 after acquiring an additional 204,081 shares during the period. Wedge Capital Management L L P NC acquired a new stake in shares of InterDigital during the 3rd quarter worth $67,282,000. Empowered Funds LLC increased its position in shares of InterDigital by 303.1% in 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. Finally, Acadian Asset Management LLC raised its stake in InterDigital by 1,556.8% in the first quarter. Acadian Asset Management LLC now owns 103,997 shares of the Wireless communications provider’s stock valued at $21,488,000 after purchasing an additional 97,720 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group set a $425.00 price objective on shares of InterDigital in a research report on Monday, December 1st. Jefferies Financial Group set a $475.00 price target on shares of InterDigital and gave the stock a “buy” rating in a report on Thursday, October 30th. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Roth Capital boosted their price objective on shares of InterDigital from $270.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Weiss Ratings reaffirmed a “buy (a-)” rating on shares of InterDigital in a report on Monday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $416.67.

Insider Activity

In other InterDigital news, Director John A. Kritzmacher sold 1,250 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $331.00, for a total transaction of $413,750.00. Following the sale, the director directly owned 15,815 shares of the company’s stock, valued at $5,234,765. The trade was a 7.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Joshua D. Schmidt sold 466 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $395.63, for a total transaction of $184,363.58. Following the completion of the transaction, the insider owned 27,928 shares of the company’s stock, valued at approximately $11,049,154.64. This trade represents a 1.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 7,466 shares of company stock valued at $2,642,279. 2.80% of the stock is currently owned by corporate insiders.

InterDigital News Roundup

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks Research nudged up its FY‑2025 and Q4‑2025 EPS estimates (FY‑2025 to $13.59 from $13.53; Q4‑2025 to $1.21 from $1.15), a small positive for near‑term guidance and the 2025 earnings picture. Zacks / MarketBeat coverage
• Neutral Sentiment: Reported short‑interest data shows no meaningful short position (data reads as 0 shares / 0.0 days), indicating short interest is not currently a pull‑on‑price factor. Short interest report
• Neutral Sentiment: Zacks maintained a “Hold” rating while publishing several estimate adjustments — the unchanged rating tempers any immediate buy/sell pressure compared with an outright upgrade/downgrade. Zacks / MarketBeat coverage
• Negative Sentiment: Zacks cut multiple forward EPS forecasts across FY‑2026 and FY‑2027 (examples: FY‑2026 to $7.39 from $7.58; FY‑2027 to $7.94 from $8.20) and trimmed several quarterly estimates — these downward revisions signal weaker expected licensing/royalty trends and often pressure valuation multiples. Zacks estimates update
• Negative Sentiment: Director John A. Kritzmacher disclosed the sale of 1,250 shares at an average $331 on Dec. 23 (SEC Form 4 filed). Insider selling can be interpreted negatively by some investors, particularly given the timing near analyst estimate cuts. SEC Form 4

InterDigital Price Performance

IDCC stock opened at $328.25 on Thursday. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 22.15 and a beta of 1.54. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.89 and a quick ratio of 1.89. The company has a 50 day simple moving average of $356.83 and a 200 day simple moving average of $301.94. InterDigital, Inc. has a 1 year low of $169.58 and a 1 year high of $412.60.

InterDigital (NASDAQ:IDCC) last posted its earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share 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 analysts’ expectations of $153.43 million. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. Research analysts anticipate that InterDigital, Inc. will post 9.21 EPS for the current fiscal year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, January 14th. InterDigital’s dividend payout ratio (DPR) is presently 18.89%.

About InterDigital

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.