Axiom Investors LLC DE Acquires 7,383 Shares of InterDigital, Inc. $IDCC

Axiom Investors LLC DE lifted its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC) by 15.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,301 shares of the Wireless communications provider’s stock after purchasing an additional 7,383 shares during the period. Axiom Investors LLC DE’s holdings in InterDigital were worth $17,288,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IDCC. NewEdge Advisors LLC boosted its position in shares of InterDigital by 37.6% during the 1st quarter. NewEdge Advisors LLC now owns 3,911 shares of the Wireless communications provider’s stock valued at $809,000 after purchasing an additional 1,069 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in InterDigital by 5.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,066 shares of the Wireless communications provider’s stock worth $15,933,000 after acquiring an additional 4,105 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in InterDigital by 85.8% in the second quarter. Russell Investments Group Ltd. now owns 6,407 shares of the Wireless communications provider’s stock worth $1,437,000 after acquiring an additional 2,958 shares in the last quarter. AXA S.A. boosted its holdings in InterDigital by 12.4% in the second quarter. AXA S.A. now owns 34,283 shares of the Wireless communications provider’s stock worth $7,687,000 after acquiring an additional 3,788 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in InterDigital by 2.9% in the second quarter. Qube Research & Technologies Ltd now owns 127,983 shares of the Wireless communications provider’s stock worth $28,698,000 after acquiring an additional 3,643 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

InterDigital Stock Performance

Shares of IDCC opened at $257.11 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 24.21 and a beta of 1.43. The stock has a 50 day moving average of $302.20 and a 200 day moving average of $327.57. InterDigital, Inc. has a 12 month low of $213.06 and a 12 month high of $412.60.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.54 by $0.03. The company had revenue of $205.42 million during the quarter, compared to the consensus estimate of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.InterDigital’s revenue was down 2.4% on a year-over-year basis. During the same period last year, the business posted $3.45 earnings per share. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. As a group, sell-side analysts forecast that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Wednesday, April 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 1.1%. The ex-dividend date of this dividend was Wednesday, April 8th. InterDigital’s dividend payout ratio (DPR) is presently 26.37%.

Insider Buying and Selling

In other InterDigital news, CTO Rajesh Pankaj sold 750 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $258.38, for a total value of $193,785.00. Following the completion of the sale, the chief technology officer directly owned 70,976 shares of the company’s stock, valued at $18,338,778.88. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total value of $2,089,260.00. Following the completion of the sale, the insider directly owned 25,889 shares of the company’s stock, valued at $9,014,808.69. This represents a 18.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,250 shares of company stock valued at $2,752,995 over the last ninety days. 2.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on IDCC shares. Weiss Ratings reiterated a “buy (b)” rating on shares of InterDigital in a report on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Wall Street Zen upgraded InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

InterDigital 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.