Future Fund LLC Increases Stock Holdings in InterDigital, Inc. $IDCC

Future Fund LLC increased its stake in shares of InterDigital, Inc. (NASDAQ:IDCC) by 51.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 12,146 shares of the Wireless communications provider’s stock after acquiring an additional 4,131 shares during the period. InterDigital makes up approximately 1.3% of Future Fund LLC’s holdings, making the stock its 18th largest holding. Future Fund LLC’s holdings in InterDigital were worth $3,668,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in shares of InterDigital during the fourth quarter worth $26,000. Anchor Investment Management LLC acquired a new position in InterDigital in the 1st quarter worth $30,000. Leonteq Securities AG acquired a new position in InterDigital in the 4th quarter worth $35,000. Financial Consulate Inc. purchased a new position in InterDigital in the 4th quarter valued at about $41,000. Finally, Hantz Financial Services Inc. grew its stake in shares of InterDigital by 219.0% during the fourth quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock valued at $43,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

InterDigital Stock Down 1.9%

Shares of InterDigital stock opened at $260.45 on Friday. The business has a 50-day moving average price of $270.11 and a 200 day moving average price of $314.52. InterDigital, Inc. has a fifty-two week low of $213.06 and a fifty-two week high of $412.60. The firm has a market cap of $6.73 billion, a P/E ratio of 24.52 and a beta of 1.42. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01.

InterDigital (NASDAQ:IDCC) last released its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The company had revenue of $205.42 million for the quarter, compared to the consensus estimate of $196.85 million. During the same quarter last year, the business posted $3.45 EPS. InterDigital’s quarterly revenue was down 2.4% compared to the same quarter last year. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. On average, sell-side analysts forecast that InterDigital, Inc. will post 7.41 earnings per share for the current fiscal year.

InterDigital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, July 8th. InterDigital’s payout ratio is currently 26.37%.

Analyst Upgrades and Downgrades

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

Insider Transactions at InterDigital

In other InterDigital news, Director John D. Jr. Markley sold 400 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $300.00, for a total transaction of $120,000.00. Following the completion of the sale, the director owned 11,735 shares in the company, valued at $3,520,500. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Samir Armaly sold 470 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $130,020.80. Following the sale, the director directly owned 4,608 shares in the company, valued at $1,274,757.12. This trade represents a 9.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,872 shares of company stock valued at $1,654,159 over the last quarter. Insiders own 3.50% 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.