InterDigital (NASDAQ:IDCC) Director Jean Rankin Sells 365 Shares of Stock

InterDigital, Inc. (NASDAQ:IDCC) Director Jean Rankin sold 365 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $276.64, for a total value of $100,973.60. Following the completion of the transaction, the director directly owned 28,938 shares in the company, valued at $8,005,408.32. This trade represents a 1.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

InterDigital Price Performance

IDCC opened at $287.15 on Wednesday. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The business’s fifty day simple moving average is $299.42 and its 200-day simple moving average is $325.26. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 27.04 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (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 business had revenue of $205.42 million for the quarter, compared to the consensus estimate of $196.85 million. During the same quarter in the prior year, the company earned $3.45 EPS. The business’s 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, equities research analysts anticipate that InterDigital, Inc. will post 7.41 earnings per share for the current fiscal year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.0%. InterDigital’s dividend payout ratio is presently 26.37%.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court ruling that Disney infringed an InterDigital video-encoding patent and confirming the patent’s validity. The injunction spans 11 EU countries and could strengthen InterDigital’s leverage in licensing negotiations. InterDigital awarded injunction against Disney by Unified Patent Court
• Positive Sentiment: The company is highlighting its video and AI technology leadership at the FOKUS Media Web Symposium, showcasing energy-efficient streaming and interactive AR capabilities that reinforce its innovation pipeline and licensing value. InterDigital to Spotlight Innovation Underpinning Interactive AR and Energy-Efficient Video Streaming at 2026 FOKUS Media Web Symposium
• Neutral Sentiment: InterDigital shareholders approved bylaw and governance changes at the annual meeting, a routine corporate update with limited immediate operating impact. InterDigital Shareholders Approve Bylaw Changes and Governance Items
• Negative Sentiment: Several directors disclosed stock sales under pre-arranged 10b5-1 plans, which can weigh on sentiment even if the trades were not discretionary. SEC Form 4 – Derek K. Aberle sale SEC Form 4 – John A. Kritzmacher sale SEC Form 4 – Jean F. Rankin sale SEC Form 4 – Samir Armaly sale

Institutional Investors Weigh In On InterDigital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kemnay Advisory Services Inc. purchased a new stake in InterDigital in the fourth quarter valued at about $26,000. Anchor Investment Management LLC purchased a new stake in InterDigital in the first quarter valued at about $30,000. Aster Capital Management DIFC Ltd raised its stake in InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after buying an additional 71 shares during the last quarter. Leonteq Securities AG purchased a new stake in InterDigital in the fourth quarter valued at about $35,000. Finally, Financial Consulate Inc. purchased a new stake in InterDigital in the fourth quarter valued at about $41,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on IDCC. Weiss Ratings downgraded InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $416.67.

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.