3,189 Shares in InterDigital, Inc. $IDCC Bought by Inceptionr LLC

Inceptionr LLC purchased a new position in shares of InterDigital, Inc. (NASDAQ:IDCC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,189 shares of the Wireless communications provider’s stock, valued at approximately $1,101,000.

A number of other large investors have also recently added to or reduced their stakes in IDCC. Wedge Capital Management L L P NC acquired a new position in shares of InterDigital during the 3rd quarter worth about $67,282,000. Prudential Financial Inc. increased its position in InterDigital by 7.4% during the second quarter. Prudential Financial Inc. now owns 26,993 shares of the Wireless communications provider’s stock worth $6,053,000 after buying an additional 1,863 shares during the last quarter. Vontobel Holding Ltd. raised its stake in InterDigital by 144.3% in the third quarter. Vontobel Holding Ltd. now owns 12,043 shares of the Wireless communications provider’s stock valued at $4,158,000 after buying an additional 7,113 shares during the period. Empowered Funds LLC raised its stake in InterDigital by 303.1% in the second quarter. Empowered Funds LLC now owns 143,406 shares of the Wireless communications provider’s stock valued at $32,156,000 after buying an additional 107,828 shares during the period. Finally, Empirical Asset Management LLC acquired a new stake in shares of InterDigital in the third quarter valued at approximately $1,076,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on IDCC. 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 InterDigital from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Roth Mkm reissued a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Finally, UBS Group set a $425.00 target price on shares of InterDigital in a research note on Monday, December 1st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

InterDigital Stock Performance

Shares of NASDAQ IDCC opened at $363.77 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.84 and a quick ratio of 1.84. The stock’s fifty day moving average price is $341.13 and its two-hundred day moving average price is $340.67. InterDigital, Inc. has a one year low of $180.60 and a one year high of $412.60. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 30.49 and a beta of 1.57.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business had revenue of $158.23 million for the quarter, compared to analyst estimates of $155.57 million. During the same period last year, the firm earned $5.15 earnings per share. InterDigital’s revenue for the quarter was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. On average, equities analysts forecast that InterDigital, Inc. will post 9.21 EPS for the current year.

Insiders Place Their Bets

In other InterDigital news, Director John A. Kritzmacher sold 1,250 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total transaction of $413,750.00. Following the transaction, the director owned 15,815 shares in the company, valued at $5,234,765. This trade represents a 7.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Brezski sold 6,981 shares of InterDigital stock in a transaction on Monday, January 5th. The shares were sold at an average price of $330.49, for a total value of $2,307,150.69. Following the completion of the transaction, the chief financial officer directly owned 83,374 shares of the company’s stock, valued at $27,554,273.26. This represents a 7.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 44,054 shares of company stock worth $14,688,067 in the last 90 days. Company insiders own 2.30% of the company’s stock.

InterDigital 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.