United Capital Financial Advisors LLC Invests $552,000 in InterDigital, Inc. $IDCC

United Capital Financial Advisors LLC acquired a new stake in shares of InterDigital, Inc. (NASDAQ:IDCC) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,948 shares of the Wireless communications provider’s stock, valued at approximately $552,000.

A number of other large investors also recently modified their holdings of the company. Pictet Asset Management Holding SA boosted its stake in shares of InterDigital by 293.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 14,098 shares of the Wireless communications provider’s stock worth $4,489,000 after acquiring an additional 10,515 shares during the period. Reinhart Partners LLC. grew its position in shares of InterDigital by 9.0% during the second quarter. Reinhart Partners LLC. now owns 460,404 shares of the Wireless communications provider’s stock worth $130,359,000 after purchasing an additional 38,115 shares in the last quarter. NewEdge Wealth LLC raised its stake in InterDigital by 68.4% during the 1st quarter. NewEdge Wealth LLC now owns 13,783 shares of the Wireless communications provider’s stock valued at $4,163,000 after purchasing an additional 5,599 shares during the period. Principal Financial Group Inc. raised its stake in InterDigital by 4.6% during the 4th quarter. Principal Financial Group Inc. now owns 146,320 shares of the Wireless communications provider’s stock valued at $46,585,000 after purchasing an additional 6,494 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in InterDigital in the 4th quarter worth approximately $1,852,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

InterDigital Trading Down 0.0%

Shares of IDCC stock opened at $335.03 on Tuesday. InterDigital, Inc. has a 12-month low of $249.14 and a 12-month high of $412.60. 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 stock’s 50-day moving average price is $299.69 and its 200-day moving average price is $312.20. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 38.64 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $3.72. The company had revenue of $260.17 million during the quarter, compared to analyst estimates of $143.10 million. InterDigital had a return on equity of 28.17% and a net margin of 38.32%.The firm’s revenue was down 13.4% on a year-over-year basis. During the same period in the prior year, the company earned $6.52 earnings per share. 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 research analysts predict that InterDigital, Inc. will post 9.76 EPS for the current fiscal year.

InterDigital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, July 8th. InterDigital’s dividend payout ratio is currently 32.30%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on IDCC shares. Zacks Research raised shares of InterDigital from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Weiss Ratings downgraded shares of 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 issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, InterDigital presently has an average rating of “Buy” and an average price target of $416.67.

Insider Activity

In related news, Director Derek K. Aberle sold 522 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 transaction of $144,406.08. Following the sale, the director owned 7,620 shares of the company’s stock, valued at $2,107,996.80. This represents a 6.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John A. Kritzmacher sold 365 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $100,973.60. Following the transaction, the director owned 16,359 shares of the company’s stock, valued at $4,525,553.76. This trade represents a 2.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 7,672 shares of company stock worth $2,240,797. 3.50% of the stock is owned by corporate insiders.

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.