Lawrence Liren Chen Sells 2,975 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) CEO Lawrence Liren Chen sold 2,975 shares of InterDigital stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $334.08, for a total transaction of $993,888.00. Following the transaction, the chief executive officer directly owned 173,910 shares of the company’s stock, valued at approximately $58,099,852.80. This represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Lawrence Liren Chen also recently made the following trade(s):

• On Tuesday, December 30th, Lawrence Liren Chen sold 2,975 shares of InterDigital stock. The stock was sold at an average price of $329.50, for a total transaction of $980,262.50.

InterDigital Stock Down 0.8%

IDCC stock opened at $306.69 on Friday. The firm’s fifty day moving average is $344.94 and its 200 day moving average is $308.90. InterDigital, Inc. has a one year low of $169.58 and a one year high of $412.60. The firm has a market cap of $7.90 billion, a PE ratio of 20.69 and a beta of 1.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.89 and a current ratio of 1.89.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results 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. The business had revenue of $164.68 million for the quarter, compared to analyst estimates of $153.43 million. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The company’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.14 EPS. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. On average, research 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. Shareholders of record on Wednesday, January 14th will be given a dividend of $0.70 per share. The ex-dividend date 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 is presently 18.89%.

Trending Headlines about 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 meaningful contract that supports recurring royalty revenue and reduces execution risk in an important market. Read More.
• Neutral Sentiment: The company will present at the Needham Growth Conference on Jan. 14 — provides management access to investors and could clarify near‑term drivers but is unlikely by itself to change fundamentals. Read More.
• Neutral Sentiment: Company pays a quarterly dividend (announced recently) and continues to cite strong EPS guidance for FY2025 — supportive background but yield is modest. Read More.
• Negative Sentiment: CFO Richard Brezski sold substantial blocks (6,981 shares on Jan. 5 at ~$330.49 and 5,002 shares on Jan. 6 at ~$324.08), trimming his holding ~6–7% — large insider sales that often weigh on near‑term sentiment. Read More.
• Negative Sentiment: CEO Lawrence Liren Chen sold 2,975 shares on Jan. 6 at about $334.08 (≈$994k), a visible though smaller reduction that can amplify investor caution when combined with other insider sales. Read More.
• Negative Sentiment: CTO Rajesh Pankaj sold 1,000 shares on Jan. 5 at ~$326.75 (~$327k), a modest cut but part of a cluster of insider dispositions this week. Read More.

Institutional Trading of InterDigital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDCC. Twin Peaks Wealth Advisors LLC purchased a new stake in InterDigital in the second quarter worth approximately $28,000. Root Financial Partners LLC bought a new position in shares of InterDigital in the third quarter worth about $30,000. Global Wealth Strategies & Associates purchased a new position in shares of InterDigital during the second quarter valued at $38,000. Aster Capital Management DIFC Ltd raised its position in shares of InterDigital by 186.8% in 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 increased its holdings in shares of InterDigital by 530.3% during the second 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 in the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.