InterDigital, Inc. $IDCC Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in InterDigital, Inc. (NASDAQ:IDCC) by 32.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,488 shares of the Wireless communications provider’s stock after buying an additional 31,898 shares during the period. Public Sector Pension Investment Board’s holdings in InterDigital were worth $45,048,000 at the end of the most recent quarter.

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

Insider Activity at InterDigital

In other InterDigital news, CEO Lawrence Liren Chen sold 5,958 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $327.62, for a total value of $1,951,959.96. Following the sale, the chief executive officer directly owned 153,077 shares in the company, valued at approximately $50,151,086.74. This trade represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Richard Brezski sold 6,981 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $330.49, for a total transaction of $2,307,150.69. Following the transaction, the chief financial officer directly owned 83,374 shares of the company’s stock, valued at approximately $27,554,273.26. This trade represents a 7.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 45,087 shares of company stock worth $15,029,098 in the last 90 days. 2.80% of the stock is currently owned by company insiders.

InterDigital Trading Down 1.9%

NASDAQ IDCC opened at $356.83 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. InterDigital, Inc. has a one year low of $180.60 and a one year high of $412.60. The company has a 50-day simple moving average of $332.73 and a 200-day simple moving average of $327.02. The firm has a market capitalization of $9.17 billion, a PE ratio of 29.91 and a beta of 1.58.

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

InterDigital Announces Dividend

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

Analyst Upgrades and Downgrades

IDCC has been the subject of several recent analyst reports. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Weiss Ratings cut shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Jefferies Financial Group set a $475.00 price objective on InterDigital and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group set a $425.00 price objective on InterDigital in a research note on Monday, December 1st. Finally, Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, InterDigital currently has an average rating of “Moderate Buy” and an average target price of $416.67.

InterDigital News Roundup

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Atle Monrad, InterDigital’s senior standards executive, was re-elected Chair of 3GPP SA6 (service architecture & procedures), reinforcing the company’s influence in wireless standards — a reputational and strategic positive for long-term licensing and partnership positioning. Article Title
• Neutral Sentiment: Short-interest reports for Feb. 11–12 show 0 shares / NaN change and a days-to-cover of 0.0, which appears to be a reporting anomaly (no evidence of increased short pressure). That limits the likelihood that short sellers are driving today’s move.
• Negative Sentiment: Chief Financial Officer Richard Brezski filed insider sales totaling 8,005 shares across Feb. 10–11 (reported at average prices near $360.80 and $352.24), representing a multi-percent reduction in his stake and proceeds of roughly $2.87M; the aggregated Form 4 is here. SEC Filing
• Negative Sentiment: Director John D. Jr. Markley sold 700 shares on Feb. 10 at about $374.95 (~$262k), trimming his holding by ~5.9%; SEC filing here. SEC Filing
• Negative Sentiment: Director Joan H. Gillman sold 325 shares on Feb. 11 at about $352.24 (~$114k), a modest reduction in her position; SEC filing here. SEC Filing

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.