InterDigital (NASDAQ:IDCC) CFO Richard Brezski Sells 6,981 Shares

InterDigital, Inc. (NASDAQ:IDCC) CFO Richard Brezski sold 6,981 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $330.49, for a total transaction of $2,307,150.69. Following the completion of the transaction, the chief financial officer owned 83,374 shares in the company, valued at $27,554,273.26. This trade represents a 7.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, January 6th, Richard Brezski sold 5,002 shares of InterDigital stock. The shares were sold at an average price of $324.08, for a total transaction of $1,621,048.16.

InterDigital Stock Up 0.1%

IDCC opened at $309.23 on Thursday. The firm’s 50 day simple moving average is $346.73 and its two-hundred day simple moving average is $308.92. The company has a market capitalization of $7.96 billion, a PE ratio of 20.87 and a beta of 1.57. InterDigital, Inc. has a 1-year low of $169.58 and a 1-year high of $412.60. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.02.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, October 30th. The Wireless communications provider reported $1.93 EPS 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 firm had revenue of $164.68 million during the quarter, compared to analyst estimates of $153.43 million. During the same period in the prior year, the business posted $1.14 EPS. InterDigital’s 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. As a group, equities analysts forecast that InterDigital, Inc. will post 9.21 EPS for the current year.

InterDigital Announces Dividend

The company 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. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.9%. InterDigital’s dividend payout ratio is 18.89%.

Hedge Funds Weigh In On InterDigital

Institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its position in shares of InterDigital by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 658,877 shares of the Wireless communications provider’s stock valued at $148,103,000 after buying an additional 12,223 shares in the last quarter. Reinhart Partners LLC. raised its position in InterDigital by 0.7% during the third quarter. Reinhart Partners LLC. now owns 412,346 shares of the Wireless communications provider’s stock valued at $142,360,000 after purchasing an additional 3,030 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of InterDigital by 18.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 368,323 shares of the Wireless communications provider’s stock valued at $127,202,000 after purchasing an additional 58,660 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of InterDigital by 12.6% in the 3rd quarter. Invesco Ltd. now owns 361,216 shares of the Wireless communications provider’s stock worth $124,703,000 after purchasing an additional 40,335 shares during the period. Finally, Congress Asset Management Co. increased its position in shares of InterDigital by 2.7% during the 3rd quarter. Congress Asset Management Co. now owns 353,017 shares of the Wireless communications provider’s stock valued at $121,872,000 after purchasing an additional 9,265 shares during the last quarter. 99.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

IDCC has been the topic of several recent analyst reports. William Blair reissued an “outperform” rating on shares of InterDigital in a research note on Monday, September 22nd. Jefferies Financial Group set a $475.00 price objective on shares of InterDigital and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group set a $425.00 target price on shares of InterDigital in a report on Monday, December 1st. Zacks Research cut shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Roth Capital boosted their price target 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 issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $416.67.

Key Headlines 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

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.