Wall Street Zen Upgrades InterDigital (NASDAQ:IDCC) to “Hold”

InterDigital (NASDAQ:IDCC) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also issued reports on IDCC. UBS Group set a $425.00 price target on InterDigital in a research report on Monday, December 1st. Weiss Ratings downgraded InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Roth Mkm reaffirmed a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. Four 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, InterDigital presently has an average rating of “Moderate Buy” and a consensus target price of $416.67.

InterDigital Price Performance

InterDigital stock opened at $357.06 on Friday. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. InterDigital has a 52-week low of $180.60 and a 52-week high of $412.60. The firm has a market cap of $9.17 billion, a PE ratio of 29.93 and a beta of 1.57. The company’s 50 day moving average is $340.46 and its two-hundred day moving average is $339.93.

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

Insiders Place Their Bets

In related news, CFO Richard Brezski sold 6,981 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $330.49, for a total value of $2,307,150.69. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John A. Kritzmacher sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total value of $413,750.00. Following the transaction, the director owned 15,815 shares in the company, valued at $5,234,765. This represents a 7.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 45,304 shares of company stock valued at $15,134,779. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On InterDigital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDCC. Moran Wealth Management LLC grew its position in shares of InterDigital by 0.6% during the third quarter. Moran Wealth Management LLC now owns 4,751 shares of the Wireless communications provider’s stock worth $1,640,000 after acquiring an additional 29 shares during the last quarter. Amundi raised its position in InterDigital by 0.3% in the 4th quarter. Amundi now owns 10,084 shares of the Wireless communications provider’s stock valued at $3,210,000 after purchasing an additional 30 shares during the last quarter. CoreCap Advisors LLC boosted its stake in InterDigital by 15.6% during the 3rd quarter. CoreCap Advisors LLC now owns 245 shares of the Wireless communications provider’s stock worth $85,000 after purchasing an additional 33 shares during the period. Kestra Private Wealth Services LLC boosted its stake in InterDigital by 2.0% during the 4th quarter. Kestra Private Wealth Services LLC now owns 1,956 shares of the Wireless communications provider’s stock worth $623,000 after purchasing an additional 39 shares during the period. Finally, MGO One Seven LLC grew its position in InterDigital by 5.2% during the 4th quarter. MGO One Seven LLC now owns 835 shares of the Wireless communications provider’s stock worth $266,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 99.83% 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.