Cadent Capital Advisors LLC bought a new stake in InterDigital, Inc. (NASDAQ:IDCC – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,186 shares of the Wireless communications provider’s stock, valued at approximately $1,445,000.
Several other large investors also recently bought and sold shares of the business. Teacher Retirement System of Texas lifted its position in InterDigital by 0.4% during the second quarter. Teacher Retirement System of Texas now owns 11,388 shares of the Wireless communications provider’s stock valued at $2,554,000 after purchasing an additional 41 shares during the last quarter. Creative Planning raised its position in shares of InterDigital by 0.3% during the 2nd quarter. Creative Planning now owns 15,345 shares of the Wireless communications provider’s stock valued at $3,441,000 after buying an additional 46 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of InterDigital by 2.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,029 shares of the Wireless communications provider’s stock valued at $455,000 after acquiring an additional 54 shares during the last quarter. Amalgamated Bank grew its position in InterDigital by 0.8% in the second quarter. Amalgamated Bank now owns 7,368 shares of the Wireless communications provider’s stock worth $1,652,000 after acquiring an additional 58 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in InterDigital by 0.5% during the third quarter. Assenagon Asset Management S.A. now owns 11,649 shares of the Wireless communications provider’s stock worth $4,022,000 after acquiring an additional 63 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.
InterDigital Stock Performance
IDCC stock opened at $328.25 on Thursday. 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 business’s fifty day simple moving average is $356.83 and its two-hundred day simple moving average is $301.94. InterDigital, Inc. has a twelve month low of $169.58 and a twelve month high of $412.60. The firm has a market cap of $8.45 billion, a price-to-earnings ratio of 22.15 and a beta of 1.54.
InterDigital Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be given a dividend of $0.70 per share. 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 (DPR) is 18.89%.
Insider Activity
In related news, insider Joshua D. Schmidt sold 466 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $395.63, for a total value of $184,363.58. Following the completion of the sale, the insider owned 27,928 shares in the company, valued at approximately $11,049,154.64. The trade was a 1.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Rajesh Pankaj sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $375.31, for a total value of $375,310.00. Following the transaction, the chief technology officer owned 64,157 shares in the company, valued at $24,078,763.67. The trade was a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 7,466 shares of company stock valued at $2,642,279. Corporate insiders own 2.80% of the company’s stock.
More InterDigital News
Here are the key news stories impacting InterDigital this week:
- Positive Sentiment: Zacks Research nudged up its FY‑2025 and Q4‑2025 EPS estimates (FY‑2025 to $13.59 from $13.53; Q4‑2025 to $1.21 from $1.15), a small positive for near‑term guidance and the 2025 earnings picture. Zacks / MarketBeat coverage
- Neutral Sentiment: Reported short‑interest data shows no meaningful short position (data reads as 0 shares / 0.0 days), indicating short interest is not currently a pull‑on‑price factor. Short interest report
- Neutral Sentiment: Zacks maintained a “Hold” rating while publishing several estimate adjustments — the unchanged rating tempers any immediate buy/sell pressure compared with an outright upgrade/downgrade. Zacks / MarketBeat coverage
- Negative Sentiment: Zacks cut multiple forward EPS forecasts across FY‑2026 and FY‑2027 (examples: FY‑2026 to $7.39 from $7.58; FY‑2027 to $7.94 from $8.20) and trimmed several quarterly estimates — these downward revisions signal weaker expected licensing/royalty trends and often pressure valuation multiples. Zacks estimates update
- Negative Sentiment: Director John A. Kritzmacher disclosed the sale of 1,250 shares at an average $331 on Dec. 23 (SEC Form 4 filed). Insider selling can be interpreted negatively by some investors, particularly given the timing near analyst estimate cuts. SEC Form 4
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on IDCC shares. Zacks Research lowered InterDigital from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Weiss Ratings restated a “buy (a-)” rating on shares of InterDigital in a research report on Monday. William Blair reaffirmed an “outperform” rating on shares of InterDigital in a research note on Monday, September 22nd. UBS Group set a $425.00 price objective on shares of InterDigital in a research report on Monday, December 1st. Finally, Jefferies Financial Group set a $475.00 target price on shares of InterDigital and gave the stock a “buy” rating in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $416.67.
Read Our Latest Research Report on InterDigital
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.
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