Neumeier Poma Investment Counsel LLC Trims Position in InterDigital, Inc. $IDCC

Neumeier Poma Investment Counsel LLC decreased its position in InterDigital, Inc. (NASDAQ:IDCC) by 40.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 97,424 shares of the Wireless communications provider’s stock after selling 65,433 shares during the quarter. InterDigital makes up 2.8% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 15th biggest holding. Neumeier Poma Investment Counsel LLC owned 0.38% of InterDigital worth $33,634,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in shares of InterDigital by 37.6% in the 1st quarter. NewEdge Advisors LLC now owns 3,911 shares of the Wireless communications provider’s stock worth $809,000 after purchasing an additional 1,069 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in InterDigital by 5.6% during 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 valued at $15,933,000 after buying an additional 4,105 shares during the period. Ethic Inc. purchased a new stake in InterDigital during the second quarter valued at approximately $206,000. Oppenheimer Asset Management Inc. raised its position in InterDigital by 12.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,160 shares of the Wireless communications provider’s stock worth $484,000 after acquiring an additional 246 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of InterDigital by 2.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 150,399 shares of the Wireless communications provider’s stock worth $33,724,000 after acquiring an additional 4,015 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors.

InterDigital Stock Performance

Shares of NASDAQ IDCC opened at $379.02 on Thursday. The company has a market cap of $9.74 billion, a P/E ratio of 31.77 and a beta of 1.58. InterDigital, Inc. has a 52-week low of $180.60 and a 52-week high of $412.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84. The firm’s fifty day moving average is $334.84 and its two-hundred day moving average is $334.47.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, beating 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 business had revenue of $158.23 million during the quarter, compared to the consensus estimate of $155.57 million. During the same quarter in the prior year, the firm earned $5.15 EPS. The business’s revenue was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, analysts anticipate that InterDigital, Inc. will post 9.21 EPS for the current fiscal year.

InterDigital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.7%. InterDigital’s payout ratio is presently 23.47%.

Insider Buying and Selling at InterDigital

In other news, CTO Rajesh Pankaj sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $326.26, for a total transaction of $326,260.00. Following the completion of the transaction, the chief technology officer directly owned 61,196 shares in the company, valued at approximately $19,965,806.96. This represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lawrence Liren Chen sold 5,958 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $327.62, for a total transaction of $1,951,959.96. Following the completion of the sale, the chief executive officer owned 153,077 shares in the company, valued at $50,151,086.74. This represents a 3.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 43,837 shares of company stock worth $14,595,823. Company insiders own 2.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Roth Mkm restated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Wall Street Zen lowered InterDigital from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Zacks Research cut InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Jefferies Financial Group set a $475.00 price objective on InterDigital and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings downgraded InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $416.67.

InterDigital Company 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.