Ashford Capital Management Inc. Invests $9.36 Million in InterDigital, Inc. $IDCC

Ashford Capital Management Inc. acquired a new position in shares of InterDigital, Inc. (NASDAQ:IDCC) in the 4th quarter, Holdings Channel.com reports. The fund acquired 29,408 shares of the Wireless communications provider’s stock, valued at approximately $9,363,000.

Several other large investors also recently made changes to their positions in the stock. Geode Capital Management LLC grew its position in InterDigital by 18.6% in the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider’s stock valued at $251,250,000 after purchasing an additional 123,686 shares in the last quarter. Reinhart Partners LLC. grew its position in InterDigital by 1.3% in the fourth quarter. Reinhart Partners LLC. now owns 417,639 shares of the Wireless communications provider’s stock valued at $132,973,000 after purchasing an additional 5,293 shares in the last quarter. Norges Bank bought a new position in InterDigital in the fourth quarter valued at $128,918,000. Ameriprise Financial Inc. grew its position in InterDigital by 18.9% in the third quarter. Ameriprise Financial Inc. now owns 368,323 shares of the Wireless communications provider’s stock valued at $127,202,000 after purchasing an additional 58,660 shares in the last quarter. Finally, Invesco Ltd. grew its position in InterDigital by 12.6% in the third quarter. Invesco Ltd. now owns 361,216 shares of the Wireless communications provider’s stock valued at $124,703,000 after purchasing an additional 40,335 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

Insiders Place Their Bets

In other InterDigital news, Director Jean F. Rankin sold 365 shares of InterDigital stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $276.64, for a total value of $100,973.60. Following the completion of the sale, the director owned 28,938 shares in the company, valued at $8,005,408.32. The trade was a 1.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Derek K. Aberle sold 522 shares of InterDigital stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $144,406.08. Following the completion of the sale, the director owned 7,620 shares of the company’s stock, valued at $2,107,996.80. This trade represents a 6.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 5,472 shares of company stock worth $1,575,109. 3.50% of the stock is currently owned by insiders.

InterDigital Stock Performance

NASDAQ IDCC opened at $287.15 on Wednesday. The firm has a 50-day moving average of $299.42 and a 200-day moving average of $325.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market cap of $7.42 billion, a PE ratio of 27.04 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 posted its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. The company had revenue of $205.42 million during the quarter, compared to analysts’ expectations of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. InterDigital’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the company 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. On average, sell-side analysts anticipate that InterDigital, Inc. will post 7.41 EPS for the current year.

InterDigital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is currently 26.37%.

Key Headlines Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court ruling that Disney infringed an InterDigital video-encoding patent and confirming the patent’s validity. The injunction spans 11 EU countries and could strengthen InterDigital’s leverage in licensing negotiations. InterDigital awarded injunction against Disney by Unified Patent Court
• Positive Sentiment: The company is highlighting its video and AI technology leadership at the FOKUS Media Web Symposium, showcasing energy-efficient streaming and interactive AR capabilities that reinforce its innovation pipeline and licensing value. InterDigital to Spotlight Innovation Underpinning Interactive AR and Energy-Efficient Video Streaming at 2026 FOKUS Media Web Symposium
• Neutral Sentiment: InterDigital shareholders approved bylaw and governance changes at the annual meeting, a routine corporate update with limited immediate operating impact. InterDigital Shareholders Approve Bylaw Changes and Governance Items
• Negative Sentiment: Several directors disclosed stock sales under pre-arranged 10b5-1 plans, which can weigh on sentiment even if the trades were not discretionary. SEC Form 4 – Derek K. Aberle sale SEC Form 4 – John A. Kritzmacher sale SEC Form 4 – Jean F. Rankin sale SEC Form 4 – Samir Armaly sale

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Weiss Ratings downgraded shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Finally, Wall Street Zen raised 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.