Richard Brezski Sells 2,000 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) CFO Richard Brezski sold 2,000 shares of InterDigital stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $352.24, for a total value of $704,480.00. Following the transaction, the chief financial officer directly owned 70,404 shares in the company, valued at approximately $24,799,104.96. The trade was a 2.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Richard Brezski also recently made the following trade(s):

• On Tuesday, February 10th, Richard Brezski sold 6,005 shares of InterDigital stock. The shares were sold at an average price of $360.80, for a total value of $2,166,604.00.
• On Tuesday, January 6th, Richard Brezski sold 5,002 shares of InterDigital stock. The stock was sold at an average price of $324.08, for a total transaction of $1,621,048.16.
• On Monday, January 5th, Richard Brezski sold 6,981 shares of InterDigital stock. The stock was sold at an average price of $330.49, for a total transaction of $2,307,150.69.

InterDigital Stock Performance

Shares of IDCC stock opened at $363.90 on Thursday. 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 firm has a 50-day moving average of $332.61 and a 200-day moving average of $326.81. InterDigital, Inc. has a one year low of $180.60 and a one year high of $412.60. The company has a market cap of $9.35 billion, a P/E ratio of 30.50 and a beta of 1.58.

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

InterDigital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, January 14th. InterDigital’s payout ratio is presently 23.47%.

Hedge Funds Weigh In On InterDigital

Institutional investors and hedge funds have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in InterDigital during the second quarter valued at $28,000. Root Financial Partners LLC bought a new position in shares of InterDigital during the 3rd quarter valued at about $30,000. Leonteq Securities AG purchased a new position in shares of InterDigital during the fourth quarter valued at about $35,000. Aster Capital Management DIFC Ltd increased its holdings in shares of InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 71 shares during the last quarter. Finally, Financial Consulate Inc. purchased a new stake in shares of InterDigital in the fourth quarter worth about $41,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Jefferies Financial Group set a $475.00 price objective on shares of InterDigital and gave the company a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings cut shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. UBS Group set a $425.00 target price on InterDigital in a report on Monday, December 1st. Finally, Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $416.67.

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.