Derek Aberle Sells 522 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) Director Derek Aberle sold 522 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $144,406.08. Following the completion of the transaction, the director directly owned 7,620 shares of the company’s stock, valued at $2,107,996.80. This trade represents a 6.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

InterDigital Stock Performance

Shares of IDCC stock opened at $286.10 on Thursday. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 26.94 and a beta of 1.43. The business has a 50 day simple moving average of $298.86 and a 200 day simple moving average of $324.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.88 and a quick ratio of 1.88.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. The business had revenue of $205.42 million during the quarter, compared to analyst estimates of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.45 EPS. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. On average, equities research analysts anticipate that InterDigital, Inc. will post 7.41 EPS for the current year.

InterDigital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, July 8th. InterDigital’s dividend payout ratio is 26.37%.

Institutional Investors Weigh In On InterDigital

A number of institutional investors and hedge funds have recently modified their holdings of IDCC. Price T Rowe Associates Inc. MD lifted its position in shares of InterDigital by 62.5% during 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 acquiring an additional 854,845 shares during the last quarter. Norges Bank acquired a new stake in shares of InterDigital during the 4th quarter valued at $128,918,000. Royal Bank of Canada lifted its position in shares of InterDigital by 375.7% during the 1st quarter. Royal Bank of Canada now owns 199,655 shares of the Wireless communications provider’s stock valued at $60,297,000 after acquiring an additional 157,687 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of InterDigital by 135.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 219,388 shares of the Wireless communications provider’s stock valued at $66,255,000 after acquiring an additional 126,328 shares during the last quarter. Finally, Geode Capital Management LLC lifted 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 acquiring an additional 123,686 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analyst Upgrades and Downgrades

IDCC has been the subject of a number of research analyst reports. Weiss Ratings downgraded InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Jefferies Financial Group restated a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Four investment 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 has an average rating of “Moderate Buy” and an average price target of $416.67.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court confirming the validity of InterDigital’s video-encoding patent and banning Disney’s use across 11 EU countries. The ruling strengthens InterDigital’s licensing leverage and supports its intellectual property monetization story. InterDigital awarded injunction against Disney by Unified Patent Court
• Neutral Sentiment: Zacks Research made small tweaks to InterDigital’s earnings estimates, including a slight cut to Q3 2026 EPS and a modest increase to Q4 2026 EPS. The changes were minor and likely have limited immediate impact on the stock.
• Negative Sentiment: Multiple directors, including John Kritzmacher, Derek Aberle, and Jean Rankin, disclosed stock sales under pre-arranged 10b5-1 plans. While routine, the cluster of insider selling can still weigh on investor sentiment. SEC Form 4 – Derek K. Aberle sale SEC Form 4 – John A. Kritzmacher sale SEC Form 4 – Jean F. Rankin sale

InterDigital Company Profile

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.