InterDigital, Inc. $IDCC Shares Purchased by Inspire Investing LLC

Inspire Investing LLC boosted its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC) by 15.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,545 shares of the Wireless communications provider’s stock after purchasing an additional 2,795 shares during the quarter. Inspire Investing LLC owned approximately 0.08% of InterDigital worth $6,205,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IDCC. Kemnay Advisory Services Inc. acquired a new stake in shares of InterDigital during the fourth quarter worth approximately $26,000. Leonteq Securities AG acquired a new stake in InterDigital in the fourth quarter valued at $35,000. Aster Capital Management DIFC Ltd raised its holdings in InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 71 shares in the last quarter. Financial Consulate Inc. acquired a new position in InterDigital during the 4th quarter worth $41,000. Finally, Hantz Financial Services Inc. grew its holdings in InterDigital by 219.0% during the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock worth $43,000 after acquiring an additional 92 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at InterDigital

In other InterDigital news, Director John D. Jr. Markley sold 400 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $300.00, for a total value of $120,000.00. Following the sale, the director directly owned 11,735 shares in the company, valued at approximately $3,520,500. This trade represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean F. Rankin sold 365 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $100,973.60. Following the transaction, the director directly owned 28,938 shares of the company’s stock, valued at approximately $8,005,408.32. This trade represents a 1.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,872 shares of company stock valued at $1,695,109 over the last three months. 3.50% of the stock is currently owned by company insiders.

InterDigital Stock Performance

Shares of NASDAQ IDCC opened at $277.07 on Tuesday. 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’s 50-day moving average price is $288.11 and its two-hundred day moving average price is $320.90. InterDigital, Inc. has a 52-week low of $213.06 and a 52-week high of $412.60. The stock has a market capitalization of $7.16 billion, a P/E ratio of 26.09 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last posted its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.54 by $0.03. The company 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 was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.45 earnings per share. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. As a group, sell-side analysts forecast that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The business 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. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $2.80 annualized dividend and a yield of 1.0%. InterDigital’s dividend payout ratio (DPR) is currently 26.37%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Weiss Ratings cut InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. 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 company presently has an average rating of “Moderate Buy” and an average price target of $416.67.

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.