InterDigital, Inc. (NASDAQ:IDCC) Given Consensus Rating of “Moderate Buy” by Analysts

InterDigital, Inc. (NASDAQ:IDCC) has been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $416.6667.

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of InterDigital in a research report on Friday, May 1st.

Insider Buying and Selling

In related news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction on Monday, April 6th. The shares were sold at an average price of $313.30, for a total value of $469,950.00. Following the transaction, the chief technology officer owned 72,449 shares in the company, valued at $22,698,271.70. This trade represents a 2.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the completion of the sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 8,967 shares of company stock valued at $3,098,167. Company insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Pictet Asset Management Holding SA grew its position in InterDigital by 293.5% during the 4th quarter. Pictet Asset Management Holding SA now owns 14,098 shares of the Wireless communications provider’s stock worth $4,489,000 after acquiring an additional 10,515 shares during the last quarter. Inceptionr LLC bought a new stake in InterDigital in the third quarter valued at approximately $1,101,000. Bernardo Wealth Planning LLC purchased a new stake in shares of InterDigital during the fourth quarter valued at approximately $1,230,000. SG Americas Securities LLC purchased a new stake in shares of InterDigital during the fourth quarter valued at approximately $1,844,000. Finally, Victory Capital Management Inc. grew its holdings in shares of InterDigital by 91.6% in the third quarter. Victory Capital Management Inc. now owns 41,721 shares of the Wireless communications provider’s stock worth $14,403,000 after purchasing an additional 19,947 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

InterDigital Price Performance

IDCC stock opened at $270.21 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.88 and a quick ratio of 1.88. InterDigital has a one year low of $205.78 and a one year high of $412.60. The stock has a market cap of $6.98 billion, a PE ratio of 25.44 and a beta of 1.50. The firm has a 50 day simple moving average of $334.44 and a two-hundred day simple moving average of $342.01.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.54 by $0.03. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The firm had revenue of $205.42 million for the quarter, compared to analysts’ expectations of $196.85 million. During the same quarter last year, the company posted $3.45 EPS. The business’s quarterly revenue was down 2.4% on a year-over-year basis. 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 predict that InterDigital will post 7.59 EPS for the current fiscal year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a $2.80 annualized dividend and a dividend yield of 1.0%. InterDigital’s dividend payout ratio (DPR) is 26.37%.

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.