InterDigital (NASDAQ:IDCC) CFO Richard Brezski Sells 5,002 Shares of Stock

InterDigital, Inc. (NASDAQ:IDCC) CFO Richard Brezski sold 5,002 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $324.08, for a total transaction of $1,621,048.16. Following the completion of the sale, the chief financial officer owned 78,372 shares of the company’s stock, valued at approximately $25,398,797.76. The trade was a 6.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Richard Brezski also recently made the following trade(s):

• On Monday, January 5th, Richard Brezski sold 6,981 shares of InterDigital stock. The stock was sold at an average price of $330.49, for a total transaction of $2,307,150.69.

InterDigital Stock Up 0.1%

Shares of IDCC opened at $309.23 on Thursday. InterDigital, Inc. has a fifty-two week low of $169.58 and a fifty-two week high of $412.60. The company’s fifty day moving average is $346.73 and its two-hundred day moving average is $308.92. The firm has a market cap of $7.96 billion, a PE ratio of 20.87 and a beta of 1.57. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.02.

InterDigital (NASDAQ:IDCC) last issued its earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.14. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The business had revenue of $164.68 million for the quarter, compared to analyst estimates of $153.43 million. During the same period last year, the company posted $1.14 EPS. The business’s quarterly revenue was up 28.0% on a year-over-year basis. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. Analysts forecast that InterDigital, Inc. will post 9.21 earnings per share for the current year.

InterDigital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.9%. InterDigital’s dividend payout ratio (DPR) is currently 18.89%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IDCC. Roth Capital increased their price target on InterDigital from $270.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Zacks Research lowered InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. UBS Group set a $425.00 target price on InterDigital in a research note on Monday, December 1st. Weiss Ratings downgraded InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Finally, William Blair reaffirmed an “outperform” rating on shares of InterDigital in a research note on Monday, September 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $416.67.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital renewed a worldwide, non-exclusive, royalty-bearing licensing agreement with a major Chinese vendor — a revenue-supporting deal that reduces execution risk in a key market and helps underpin recurring royalty income. InterDigital Renews Major Chinese Vendor Licensing Agreement
• Neutral Sentiment: InterDigital will present at the Needham Growth Conference on Jan. 14 — a routine investor event that increases management access to analysts and could clarify near-term growth drivers but is unlikely by itself to move fundamentals. InterDigital to Present at 28th Annual Needham Growth Conference
• Negative Sentiment: CFO Richard Brezski sold 6,981 shares on Jan. 5 at about $330.49 (≈$2.31M) and 5,002 shares on Jan. 6 at about $324.08 (≈$1.62M), cutting his stake roughly 6–7% — sizable insider sales that can be viewed as profit-taking or diversification and often weigh on sentiment. CFO Form 4 Filings
• Negative Sentiment: CEO Lawrence Liren Chen sold 2,975 shares on Jan. 6 at about $334.08 (~$994k), a 1.68% reduction in his holding — modest but visible insider selling from the top executive. CEO Form 4 Filing
• Negative Sentiment: CTO Rajesh Pankaj sold 1,000 shares on Jan. 5 at about $326.75 (~$327k), a small (1.58%) reduction — another insider sale contributing to negative sentiment. CTO Form 4 Filing

Institutional Investors Weigh In On InterDigital

A number of institutional investors and hedge funds have recently bought and sold shares of IDCC. Norges Bank purchased a new stake in shares of InterDigital during the second quarter valued at $71,200,000. Wedge Capital Management L L P NC acquired a new stake in InterDigital during the 3rd quarter worth about $67,282,000. Empowered Funds LLC raised its holdings in InterDigital by 303.1% during the 2nd quarter. Empowered Funds LLC now owns 143,406 shares of the Wireless communications provider’s stock worth $32,156,000 after buying an additional 107,828 shares during the period. Acadian Asset Management LLC lifted its stake in InterDigital by 1,556.8% during the first quarter. Acadian Asset Management LLC now owns 103,997 shares of the Wireless communications provider’s stock valued at $21,488,000 after buying an additional 97,720 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of InterDigital by 36.8% in the second quarter. Ameriprise Financial Inc. now owns 309,663 shares of the Wireless communications provider’s stock worth $69,433,000 after buying an additional 83,221 shares during the period. 99.83% of the stock is owned by institutional investors and hedge funds.

About InterDigital

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.