Inceptionr LLC Buys Shares of 3,189 InterDigital, Inc. $IDCC

Inceptionr LLC bought a new stake in InterDigital, Inc. (NASDAQ:IDCC) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 3,189 shares of the Wireless communications provider’s stock, valued at approximately $1,101,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of InterDigital during the 2nd quarter worth approximately $28,000. Root Financial Partners LLC bought a new stake in InterDigital during the third quarter worth $30,000. Aster Capital Management DIFC Ltd lifted its stake in InterDigital by 186.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 71 shares during the last quarter. Huntington National Bank boosted its holdings in shares of InterDigital by 530.3% in the 2nd quarter. Huntington National Bank now owns 208 shares of the Wireless communications provider’s stock valued at $47,000 after purchasing an additional 175 shares in the last quarter. Finally, Spire Wealth Management acquired a new position in shares of InterDigital during the 3rd quarter worth $49,000. Institutional investors own 99.83% of the company’s stock.

InterDigital Stock Performance

NASDAQ:IDCC opened at $363.77 on Tuesday. The stock’s 50-day moving average is $341.13 and its 200-day moving average is $340.67. InterDigital, Inc. has a 1-year low of $180.60 and a 1-year high of $412.60. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.35 billion, a P/E ratio of 30.49 and a beta of 1.57.

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

Insiders Place Their Bets

In other news, Director John A. Kritzmacher sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total transaction of $413,750.00. Following the completion of the transaction, the director directly owned 15,815 shares in the company, valued at $5,234,765. This trade represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Richard Brezski sold 6,981 shares of InterDigital stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $330.49, for a total value of $2,307,150.69. Following the completion of the transaction, the chief financial officer directly owned 83,374 shares in the company, valued at approximately $27,554,273.26. This represents a 7.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 44,054 shares of company stock valued at $14,688,067. 2.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on IDCC shares. Weiss Ratings lowered InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. UBS Group set a $425.00 target price on InterDigital in a research note on Monday, December 1st. Wall Street Zen upgraded shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Research cut shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Finally, Roth Mkm reissued a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, InterDigital presently has an average rating of “Moderate Buy” and a consensus price target 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.