Advyzon Investment Management LLC Takes $509,000 Position in InterDigital, Inc. $IDCC

Advyzon Investment Management LLC purchased a new position in shares of InterDigital, Inc. (NASDAQ:IDCC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,473 shares of the Wireless communications provider’s stock, valued at approximately $509,000.

Other large investors have also bought and sold shares of the company. Wedge Capital Management L L P NC acquired a new position in InterDigital in the third quarter valued at about $67,282,000. Bank of Montreal Can raised its position in shares of InterDigital by 0.8% during the second quarter. Bank of Montreal Can now owns 109,222 shares of the Wireless communications provider’s stock worth $24,491,000 after purchasing an additional 911 shares during the period. Prudential Financial Inc. lifted its holdings in shares of InterDigital by 7.4% during the 2nd quarter. Prudential Financial Inc. now owns 26,993 shares of the Wireless communications provider’s stock valued at $6,053,000 after purchasing an additional 1,863 shares in the last quarter. Vontobel Holding Ltd. grew its position in shares of InterDigital by 144.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 12,043 shares of the Wireless communications provider’s stock valued at $4,158,000 after purchasing an additional 7,113 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of InterDigital by 6.1% in the 2nd quarter. Bessemer Group Inc. now owns 121,627 shares of the Wireless communications provider’s stock valued at $27,273,000 after purchasing an additional 7,005 shares during the period. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research downgraded shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Wall Street Zen downgraded shares of InterDigital from a “hold” rating to a “sell” rating in a research report on Saturday. UBS Group set a $425.00 price objective on shares of InterDigital in a report on Monday, December 1st. Roth Mkm reaffirmed a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Finally, Jefferies Financial Group set a $475.00 target price on InterDigital and gave the stock a “buy” rating in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $416.67.

Insiders Place Their Bets

In other InterDigital news, CFO Richard Brezski sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $352.24, for a total value of $704,480.00. Following the completion of the transaction, the chief financial officer directly owned 70,404 shares in the company, valued at $24,799,104.96. This trade represents a 2.76% 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. Also, CTO Rajesh Pankaj sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $326.26, for a total value of $326,260.00. Following the sale, the chief technology officer owned 61,196 shares in the company, valued at approximately $19,965,806.96. This represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,087 shares of company stock valued at $15,029,098 in the last quarter. 2.80% of the stock is currently owned by corporate insiders.

InterDigital Price Performance

NASDAQ IDCC opened at $358.50 on Friday. The firm’s 50 day moving average is $333.45 and its 200-day moving average is $332.42. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $9.21 billion, a PE ratio of 30.05 and a beta of 1.58. InterDigital, Inc. has a 12-month low of $180.60 and a 12-month high of $412.60.

InterDigital (NASDAQ:IDCC) last released its earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business had revenue of $158.23 million during the quarter, compared to the consensus estimate of $155.57 million. During the same quarter last year, the firm earned $5.15 earnings per share. The firm’s revenue for the quarter was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. Equities research analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.

InterDigital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were given a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.8%. InterDigital’s payout ratio is currently 23.47%.

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.