InterDigital, Inc. $IDCC Shares Purchased by Tidal Investments LLC

Tidal Investments LLC increased its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC) by 19.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,161 shares of the Wireless communications provider’s stock after purchasing an additional 12,501 shares during the quarter. Tidal Investments LLC’s holdings in InterDigital were worth $22,130,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Reinhart Partners LLC. raised its holdings in shares of InterDigital by 9.0% in the 2nd quarter. Reinhart Partners LLC. now owns 460,404 shares of the Wireless communications provider’s stock valued at $130,359,000 after buying an additional 38,115 shares during the period. NewEdge Wealth LLC increased its stake in InterDigital by 68.4% during the first quarter. NewEdge Wealth LLC now owns 13,783 shares of the Wireless communications provider’s stock worth $4,163,000 after purchasing an additional 5,599 shares during the period. Renaissance Technologies LLC increased its stake in InterDigital by 104.7% during the first quarter. Renaissance Technologies LLC now owns 66,098 shares of the Wireless communications provider’s stock worth $19,962,000 after purchasing an additional 33,800 shares during the period. Intech Investment Management LLC lifted its position in shares of InterDigital by 39.9% during the fourth quarter. Intech Investment Management LLC now owns 25,678 shares of the Wireless communications provider’s stock worth $8,175,000 after purchasing an additional 7,319 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of InterDigital by 10.2% during the fourth quarter. Bessemer Group Inc. now owns 138,411 shares of the Wireless communications provider’s stock worth $44,066,000 after purchasing an additional 12,767 shares in the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on IDCC shares. Zacks Research upgraded shares of InterDigital from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Weiss Ratings lowered InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $416.67.

InterDigital Trading Up 2.1%

Shares of NASDAQ:IDCC opened at $346.44 on Friday. InterDigital, Inc. has a 52 week low of $249.14 and a 52 week high of $412.60. The company’s 50 day moving average is $308.92 and its two-hundred day moving average is $310.67. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.94 billion, a PE ratio of 39.96 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $3.72. The business had revenue of $260.17 million during the quarter, compared to analysts’ expectations of $143.10 million. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the previous year, the company earned $6.52 EPS. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. Equities analysts predict that InterDigital, Inc. will post 9.76 earnings per share for the current fiscal year.

InterDigital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 14th will be issued a dividend of $0.75 per share. This is a positive change from InterDigital’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. InterDigital’s dividend payout ratio (DPR) is presently 32.30%.

Insider Transactions at InterDigital

In related news, CTO Rajesh Pankaj sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $338.00, for a total transaction of $507,000.00. Following the completion of the sale, the chief technology officer owned 65,016 shares in the company, valued at $21,975,408. The trade was a 2.26% decrease in their ownership of the stock. The transaction 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, Director Joan H. Gillman sold 300 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $331.06, for a total value of $99,318.00. Following the completion of the transaction, the director directly owned 22,736 shares of the company’s stock, valued at $7,526,980.16. This trade represents a 1.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 5,200 shares of company stock valued at $1,642,638. 3.50% of the stock is currently owned by corporate insiders.

Trending Headlines about InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Dividend raised 7.1%: InterDigital increased its quarterly cash dividend from $0.70 to $0.75 per share, equivalent to $3.00 annually and an approximately 0.9% yield. The dividend is payable October 28 to shareholders of record October 14. The increase signals confidence in cash generation and enhances shareholder returns. InterDigital Declares Increase in Quarterly Cash Dividend
• Positive Sentiment: Analyst sentiment remains favorable: Brokerages maintain an average “Buy” rating, with a reported average price target of $416.67. Ratings include one Strong Buy, three Buys and one Hold, suggesting analysts see further upside despite the stock’s elevated valuation.
• Positive Sentiment: Fundamentals offer support: InterDigital recently reported quarterly EPS of $4.62 versus the $0.90 consensus estimate and revenue of $260.17 million versus expectations of $143.10 million. Management’s fiscal 2026 EPS guidance is $10.85–$12.81, while the company has minimal debt and a 32.3% dividend payout ratio.
• Neutral Sentiment: Short-interest data is not meaningful: The report lists short interest at zero shares and a 0.0-day short-interest ratio, while also describing a “significant increase” and calculating an undefined percentage. The inconsistent figures provide no reliable indication of short-covering or bearish positioning.
• Negative Sentiment: CTO sold shares: Chief Technology Officer Rajesh Pankaj sold 1,500 shares for approximately $507,000 at an average price of $338. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but it adds to a broader pattern of insider selling and no reported insider purchases in the past six months. Rajesh Pankaj Sells 1,500 Shares of InterDigital Stock
• Negative Sentiment: Revenue trend remains weaker: Despite the earnings beat, quarterly revenue declined 13.4% year over year, and the stock trades at roughly 40 times earnings. This leaves IDCC more sensitive to any slowdown in licensing revenue or disappointment relative to its guidance.

InterDigital Profile

InterDigital, Inc is a wireless technology research and development company that designs and develops advanced technologies used in mobile and other connected devices. Its work spans cellular communications, including 2G, 3G, 4G LTE and 5G, as well as wireless connectivity, video technologies and the Internet of Things.

The company primarily generates revenue by licensing its intellectual property to manufacturers of wireless products and other technology companies. Its portfolio includes patents and technical contributions related to wireless standards, network performance, spectrum efficiency, device connectivity and multimedia communications.