InterDigital (NASDAQ:IDCC) CTO Rajesh Pankaj Sells 1,000 Shares of Stock

InterDigital, Inc. (NASDAQ:IDCC) CTO Rajesh Pankaj sold 1,000 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $326.75, for a total value of $326,750.00. Following the sale, the chief technology officer owned 62,157 shares of the company’s stock, valued at approximately $20,309,799.75. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Rajesh Pankaj also recently made the following trade(s):

• On Wednesday, November 5th, Rajesh Pankaj sold 1,000 shares of InterDigital stock. The stock was sold at an average price of $375.31, for a total value of $375,310.00.

InterDigital Price Performance

NASDAQ IDCC opened at $309.23 on Thursday. The company has a 50-day moving average price of $346.73 and a 200-day moving average price of $308.92. InterDigital, Inc. has a 52 week low of $169.58 and a 52 week high of $412.60. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $7.96 billion, a P/E ratio of 20.87 and a beta of 1.57.

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

InterDigital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, January 14th. InterDigital’s dividend payout ratio is 18.89%.

Hedge Funds Weigh In On InterDigital

Institutional investors have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC bought a new stake in shares of InterDigital in the second quarter worth about $28,000. Root Financial Partners LLC purchased a new position in InterDigital during the 3rd quarter valued at approximately $30,000. Global Wealth Strategies & Associates purchased a new stake in shares of InterDigital during the 2nd quarter worth approximately $38,000. Aster Capital Management DIFC Ltd raised its holdings in shares of InterDigital by 186.8% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares in the last quarter. Finally, Huntington National Bank boosted its position in shares of InterDigital by 530.3% during the 2nd quarter. Huntington National Bank now owns 208 shares of the Wireless communications provider’s stock valued at $47,000 after acquiring an additional 175 shares during the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

More InterDigital News

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

Analyst Ratings Changes

A number of brokerages have commented on IDCC. William Blair restated an “outperform” rating on shares of InterDigital in a research report on Monday, September 22nd. Jefferies Financial Group set a $475.00 price objective on InterDigital and gave the company a “buy” rating in a research note on Thursday, October 30th. UBS Group set a $425.00 target price on shares of InterDigital in a research note on Monday, December 1st. Weiss Ratings downgraded shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. Finally, Roth Capital increased their price objective on shares of InterDigital from $270.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, InterDigital presently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

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.