BI Asset Management Fondsmaeglerselskab A S Lowers Stock Position in InterDigital, Inc. $IDCC

BI Asset Management Fondsmaeglerselskab A S cut its position in shares of InterDigital, Inc. (NASDAQ:IDCC) by 28.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,097 shares of the Wireless communications provider’s stock after selling 22,252 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in InterDigital were worth $18,179,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Kestra Private Wealth Services LLC grew its position in shares of InterDigital by 2.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 1,956 shares of the Wireless communications provider’s stock valued at $623,000 after purchasing an additional 39 shares during the period. MGO One Seven LLC lifted its stake in shares of InterDigital by 5.2% in the fourth quarter. MGO One Seven LLC now owns 835 shares of the Wireless communications provider’s stock worth $266,000 after buying an additional 41 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of InterDigital by 3.6% in the fourth quarter. Blue Trust Inc. now owns 1,437 shares of the Wireless communications provider’s stock worth $458,000 after buying an additional 50 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in shares of InterDigital by 1.6% in the fourth quarter. Diversify Advisory Services LLC now owns 3,264 shares of the Wireless communications provider’s stock worth $1,008,000 after buying an additional 52 shares in the last quarter. Finally, Oak Family Advisors LLC raised its stake in InterDigital by 1.1% during the fourth quarter. Oak Family Advisors LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,612,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

Insider Transactions at InterDigital

In other news, CTO Rajesh Pankaj sold 1,500 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $313.30, for a total value of $469,950.00. Following the completion of the transaction, the chief technology officer owned 72,449 shares in the company, valued at $22,698,271.70. This trade represents a 2.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the completion of the transaction, the insider owned 25,889 shares of the company’s stock, valued at $9,014,808.69. This represents a 18.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

IDCC has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InterDigital in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Finally, Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks Research raised near-term and medium-term earnings estimates, including FY2026, FY2027, Q4 2026, Q1 2027, Q3 2027, and Q4 2027, which suggests improving profit expectations for InterDigital.
• Neutral Sentiment: One report from The Globe and Mail highlighted broader analyst commentary on InterDigital, but it did not include any major new company-specific catalyst beyond the earnings estimate updates. Article Title
• Negative Sentiment: Analysts also trimmed a couple of longer-dated forecasts, including Q3 2026, Q1 2028, and FY2028 EPS, signaling some caution about later-period growth.

InterDigital Stock Performance

Shares of IDCC opened at $260.64 on Friday. The company has a 50-day simple moving average of $303.95 and a 200-day simple moving average of $328.77. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $6.73 billion, a PE ratio of 24.54 and a beta of 1.43. InterDigital, Inc. has a 52-week low of $213.06 and a 52-week high of $412.60.

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

InterDigital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, April 8th. InterDigital’s dividend payout ratio (DPR) is currently 26.37%.

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.