Rhumbline Advisers Acquires 3,071 Shares of InterDigital, Inc. $IDCC

Rhumbline Advisers raised its stake in InterDigital, Inc. (NASDAQ:IDCC) by 3.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,569 shares of the Wireless communications provider’s stock after buying an additional 3,071 shares during the period. Rhumbline Advisers’ holdings in InterDigital were worth $28,505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wedge Capital Management L L P NC acquired a new stake in shares of InterDigital during the 3rd quarter worth approximately $67,282,000. Bank of Montreal Can boosted its stake in InterDigital by 0.8% during the second quarter. Bank of Montreal Can now owns 109,222 shares of the Wireless communications provider’s stock worth $24,491,000 after acquiring an additional 911 shares in the last quarter. Prudential Financial Inc. grew its holdings in InterDigital by 7.4% in the second quarter. Prudential Financial Inc. now owns 26,993 shares of the Wireless communications provider’s stock worth $6,053,000 after purchasing an additional 1,863 shares during the period. Vontobel Holding Ltd. increased 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 purchasing an additional 7,113 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of InterDigital by 6.1% during the second quarter. Bessemer Group Inc. now owns 121,627 shares of the Wireless communications provider’s stock valued at $27,273,000 after purchasing an additional 7,005 shares during the period. 99.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

IDCC has been the subject of several research reports. Jefferies Financial Group set a $475.00 target price on InterDigital and gave the company a “buy” rating in a research note on Thursday, October 30th. UBS Group set a $425.00 price target on InterDigital in a report on Monday, December 1st. Roth Mkm restated a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. Weiss Ratings lowered InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Finally, Zacks Research downgraded shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, InterDigital presently has an average rating of “Moderate Buy” and a consensus target price of $416.67.

Insider Activity at InterDigital

In other InterDigital news, CEO Lawrence Liren Chen sold 5,958 shares of the stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $327.62, for a total value of $1,951,959.96. Following the completion of the sale, the chief executive officer owned 153,077 shares in the company, valued at approximately $50,151,086.74. This trade represents a 3.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John A. Kritzmacher sold 1,250 shares of InterDigital stock in a transaction that occurred 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 directly owned 15,815 shares in the company, valued at approximately $5,234,765. This represents a 7.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 45,087 shares of company stock valued at $15,029,098 over the last ninety days. Corporate insiders own 2.30% of the company’s stock.

InterDigital Stock Up 5.1%

IDCC stock opened at $375.01 on Monday. The firm has a market capitalization of $9.63 billion, a PE ratio of 31.43 and a beta of 1.58. 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, Inc. has a twelve month low of $180.60 and a twelve month high of $412.60. The stock’s 50 day moving average is $333.13 and its 200-day moving average is $329.42.

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

InterDigital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were issued a $0.70 dividend. The ex-dividend date was Wednesday, January 14th. This represents a $2.80 annualized dividend and a dividend yield of 0.7%. InterDigital’s dividend payout ratio is currently 23.47%.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital secured a fifth injunction in Germany against Disney for alleged infringement of HEVC video‑compression patents — a legal win that strengthens IDCC’s leverage to extract a licensing deal or settlement from a major streaming customer. Read More.
• Positive Sentiment: Atle Monrad was re‑elected Chair of 3GPP SA6, reinforcing InterDigital’s influence in standards‑setting — a strategic advantage for long‑term monetization of wireless and service‑architecture patents. Read More.
• Neutral Sentiment: Recent Q4 results beat EPS estimates and company provided Q1 2026 EPS guidance (2.39–2.68), which supports earnings visibility even as revenue is down year‑over‑year — fundamentals that underpin the rally but were largely already priced in.
• Neutral Sentiment: Published short‑interest figures in recent feeds show 0 shares / NaN changes and 0.0 days‑to‑cover — this appears to be a reporting anomaly, not evidence of meaningful short‑squeezing pressure.
• Neutral Sentiment: Investor commentary and analysis pieces are circulating on IDCC’s long‑term growth case, providing broader retail/institutional context. Read More.
• Negative Sentiment: CFO Richard Brezski sold 6,005 shares on Feb. 10 (~$360.80) and another 2,000 shares on Feb. 11 (~$352.24), totaling 8,005 shares — notable insider selling that can raise short‑term concern about timing and adds supply. Read More.
• Negative Sentiment: Director John D. Jr. Markley sold 700 shares (~$374.95), trimming his stake by ~5.9% — another insider disposal that may be viewed negatively by some investors. Read More.
• Negative Sentiment: Director Joan H. Gillman sold 325 shares on Feb. 11 (~$352.24), a modest sale but part of a cluster of insider transactions this week. Read More.

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.