Rajesh Pankaj Sells 1,000 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) CTO Rajesh Pankaj sold 1,000 shares of InterDigital stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $326.75, for a total value of $326,750.00. Following the transaction, the chief technology officer owned 62,157 shares of the company’s stock, valued at $20,309,799.75. The trade was a 1.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Rajesh Pankaj also recently made the following trade(s):

• On Wednesday, November 5th, Rajesh Pankaj sold 1,000 shares of InterDigital stock. The stock was sold at an average price of $375.31, for a total value of $375,310.00.

InterDigital Stock Down 0.8%

InterDigital stock opened at $306.69 on Friday. The business’s 50-day moving average price is $344.94 and its 200 day moving average price is $308.90. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.02. The firm has a market cap of $7.90 billion, a price-to-earnings ratio of 20.69 and a beta of 1.57. InterDigital, Inc. has a 52 week low of $169.58 and a 52 week high of $412.60.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data 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 business’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. As a group, sell-side analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, January 14th. InterDigital’s dividend payout ratio (DPR) is currently 18.89%.

Analysts Set New Price Targets

Several research firms have recently issued reports on IDCC. Jefferies Financial Group set a $475.00 target price on shares of InterDigital and gave the stock a “buy” rating in a research note on Thursday, October 30th. UBS Group set a $425.00 price target on InterDigital in a research report on Monday, December 1st. Roth Capital raised their price objective on InterDigital from $270.00 to $350.00 and gave the company a “buy” rating in a report on Friday, September 12th. Zacks Research downgraded InterDigital from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Finally, William Blair reiterated an “outperform” rating on shares of InterDigital in a research report on Monday, September 22nd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock 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: 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 Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IDCC. Wealth Enhancement Advisory Services LLC boosted its stake in InterDigital by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,220 shares of the Wireless communications provider’s stock worth $1,613,000 after purchasing an additional 57 shares during the last quarter. Sovereign Financial Group Inc. lifted its stake in shares of InterDigital by 20.4% in the fourth quarter. Sovereign Financial Group Inc. now owns 1,123 shares of the Wireless communications provider’s stock worth $358,000 after buying an additional 190 shares in the last quarter. QP Wealth Management LLC acquired a new position in InterDigital during the fourth quarter worth about $551,000. GAMMA Investing LLC grew its stake in InterDigital by 5.1% during the 4th quarter. GAMMA Investing LLC now owns 2,098 shares of the Wireless communications provider’s stock valued at $668,000 after acquiring an additional 101 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in InterDigital by 516.7% in the 3rd quarter. IFP Advisors Inc now owns 259 shares of the Wireless communications provider’s stock valued at $89,000 after acquiring an additional 217 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

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.