Dimensional Fund Advisors LP Lowers Stock Holdings in InterDigital, Inc. $IDCC

Dimensional Fund Advisors LP lowered its position in InterDigital, Inc. (NASDAQ:IDCC) by 2.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 668,608 shares of the Wireless communications provider’s stock after selling 20,034 shares during the quarter. Dimensional Fund Advisors LP’s holdings in InterDigital were worth $201,909,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new position in shares of InterDigital in the fourth quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in shares of InterDigital in the first quarter worth about $30,000. Leonteq Securities AG purchased a new stake in shares of InterDigital during the fourth quarter worth about $35,000. Financial Consulate Inc. bought a new stake in InterDigital during the 4th quarter valued at approximately $41,000. Finally, Hantz Financial Services Inc. raised its stake in InterDigital by 219.0% during the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock valued at $43,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Trading Up 0.9%

Shares of IDCC stock opened at $258.30 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 24.32 and a beta of 1.42. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60. The stock’s 50-day moving average price is $269.24 and its 200-day moving average price is $312.26.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was down 2.4% on a year-over-year basis. 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. Equities research analysts predict that InterDigital, Inc. will post 7.41 EPS for the current fiscal year.

InterDigital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, July 8th. This represents a $2.80 annualized dividend and a yield of 1.1%. InterDigital’s dividend payout ratio (DPR) is 26.37%.

Insider Buying and Selling at InterDigital

In related news, Director Derek K. Aberle sold 522 shares of InterDigital stock in a transaction dated 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 owned 7,620 shares in the company, valued at approximately $2,107,996.80. This trade represents a 6.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Rajesh Pankaj sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $286.00, for a total value of $429,000.00. Following the sale, the chief technology officer owned 67,976 shares in the company, valued at approximately $19,441,136. This trade represents a 2.16% decrease in their ownership of the stock. 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 have sold 5,872 shares of company stock valued at $1,654,159 over the last ninety days. Corporate insiders own 3.50% of the company’s stock.

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.