Sigma Planning Corp Has $2.65 Million Stock Holdings in InterDigital, Inc. $IDCC

Sigma Planning Corp lifted its stake in shares of InterDigital, Inc. (NASDAQ:IDCCFree Report) by 43.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,321 shares of the Wireless communications provider’s stock after purchasing an additional 2,514 shares during the quarter. Sigma Planning Corp’s holdings in InterDigital were worth $2,649,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Moran Wealth Management LLC grew its holdings in shares of InterDigital by 0.6% during the 3rd quarter. Moran Wealth Management LLC now owns 4,751 shares of the Wireless communications provider’s stock worth $1,640,000 after purchasing an additional 29 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of 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 in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of 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 in the last quarter. Archer Investment Corp grew its holdings in shares of InterDigital by 4.3% during the 3rd quarter. Archer Investment Corp now owns 1,117 shares of the Wireless communications provider’s stock worth $386,000 after purchasing an additional 46 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of InterDigital by 3.6% during the 4th quarter. Blue Trust Inc. now owns 1,437 shares of the Wireless communications provider’s stock worth $458,000 after purchasing an additional 50 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

InterDigital Stock Performance

NASDAQ:IDCC opened at $290.50 on Friday. The company has a quick ratio of 1.84, a current ratio of 1.88 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $7.51 billion, a PE ratio of 27.35 and a beta of 1.50. InterDigital, Inc. has a twelve month low of $202.82 and a twelve month high of $412.60. The stock’s 50-day simple moving average is $347.23 and its 200 day simple moving average is $346.65.

InterDigital (NASDAQ:IDCCGet Free Report) last posted its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.54 by $0.03. The firm had revenue of $205.42 million during the quarter, compared to the consensus estimate of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period last 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. On average, analysts anticipate that InterDigital, Inc. will post 7.71 EPS for the current fiscal year.

InterDigital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were given a $0.70 dividend. The ex-dividend date was Wednesday, April 8th. This represents a $2.80 annualized dividend and a yield of 1.0%. InterDigital’s dividend payout ratio (DPR) is currently 23.47%.

Wall Street Analyst Weigh In

IDCC has been the topic of several analyst reports. Roth Mkm reissued a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $416.67.

Read Our Latest Analysis on InterDigital

Insider Transactions at InterDigital

In other InterDigital news, CFO Richard Brezski sold 6,005 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $360.80, for a total value of $2,166,604.00. Following the completion of the transaction, the chief financial officer directly owned 72,404 shares in the company, valued at approximately $26,123,363.20. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joshua D. Schmidt sold 6,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $348.21, for a total value of $2,089,260.00. Following the completion of the transaction, the insider owned 25,889 shares of the company’s stock, valued at $9,014,808.69. This represents a 18.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 18,997 shares of company stock valued at $6,672,454. 2.80% of the stock is currently owned by corporate insiders.

More InterDigital News

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InterDigital Profile

(Free Report)

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.

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Institutional Ownership by Quarter for InterDigital (NASDAQ:IDCC)

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