Neumeier Poma Investment Counsel LLC Invests $42.35 Million in InterDigital, Inc. $IDCC

Neumeier Poma Investment Counsel LLC bought a new stake in shares of InterDigital, Inc. (NASDAQ:IDCC) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 149,579 shares of the Wireless communications provider’s stock, valued at approximately $42,350,302. InterDigital comprises approximately 0.0% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 18th largest holding. Neumeier Poma Investment Counsel LLC owned approximately 0.58% of InterDigital at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Keybank National Association OH increased its stake in shares of InterDigital by 4.5% in the first quarter. Keybank National Association OH now owns 704 shares of the Wireless communications provider’s stock valued at $213,000 after buying an additional 30 shares during the period. Amundi grew its holdings in shares of InterDigital by 0.3% during the fourth quarter. Amundi now owns 10,084 shares of the Wireless communications provider’s stock valued at $3,210,000 after buying an additional 30 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in InterDigital by 2.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 1,956 shares of the Wireless communications provider’s stock worth $623,000 after purchasing an additional 39 shares during the period. MGO One Seven LLC lifted its holdings in shares of InterDigital by 5.2% in the 4th quarter. MGO One Seven LLC now owns 835 shares of the Wireless communications provider’s stock worth $266,000 after acquiring an additional 41 shares during the last quarter. Finally, J2 Capital Management Inc boosted its position in InterDigital by 3.0% during the 1st quarter. J2 Capital Management Inc now owns 1,451 shares of the Wireless communications provider’s stock valued at $438,000 after acquiring an additional 42 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other InterDigital news, Director John D. Jr. Markley sold 400 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $300.00, for a total transaction of $120,000.00. Following the completion of the sale, the director directly owned 11,735 shares of the company’s stock, valued at $3,520,500. This represents a 3.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John A. Kritzmacher sold 365 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $100,973.60. Following the completion of the transaction, the director directly owned 16,359 shares in the company, valued at $4,525,553.76. This trade represents a 2.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 7,672 shares of company stock worth $2,240,797. Corporate insiders own 3.50% of the company’s stock.

InterDigital Trading Down 0.1%

Shares of InterDigital stock traded down $0.34 on Friday, hitting $334.31. 87,595 shares of the company’s stock traded hands, compared to its average volume of 346,737. The company has a fifty day moving average of $298.16 and a two-hundred day moving average of $312.61. The company has a market capitalization of $8.63 billion, a price-to-earnings ratio of 38.56 and a beta of 1.43. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. InterDigital, Inc. has a one year low of $249.14 and a one year high of $412.60.

InterDigital (NASDAQ:IDCC) last released its earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $3.72. InterDigital had a return on equity of 28.17% and a net margin of 38.32%.The company had revenue of $260.17 million during the quarter, compared to the consensus estimate of $143.10 million. During the same quarter in the previous year, the company posted $6.52 EPS. InterDigital’s quarterly revenue was down 13.4% compared to the same quarter last year. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. As a group, sell-side analysts expect that InterDigital, Inc. will post 9.76 earnings per share for the current year.

InterDigital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, July 8th. InterDigital’s payout ratio is presently 32.30%.

Trending Headlines about InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital’s solid second-quarter performance, record recurring revenue, a licensing agreement with Amazon and higher 2026 guidance reinforce the company’s growth outlook. The company previously reported quarterly revenue of $260.2 million and adjusted earnings well above analysts’ expectations. Should IDCC Stock Be in Your Portfolio After Solid Q2 Results?
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $10.13 from $7.41 and increased its FY2027 estimate to $8.49 from $7.82. It also lifted quarterly forecasts across 2027 and raised FY2028 EPS to $10.83 from $8.88, while maintaining a “Strong-Buy” rating. These revisions signal improving expectations for royalty and licensing income. InterDigital Analyst Estimates
• Neutral Sentiment: Wall Street’s consensus target implies roughly 26% additional upside, but historical research suggests price targets alone are unreliable. The more meaningful catalyst is the positive trend in earnings-estimate revisions. Wall Street Analysts See a 26.24% Upside in InterDigital
• Negative Sentiment: At approximately 38.5 times earnings, IDCC looks fairly valued to somewhat expensive, which may limit near-term gains or encourage profit-taking. Its shares also remain well below the 12-month high, while recent trading volume is below average, suggesting limited conviction behind the move.

Analysts Set New Price Targets

Several equities analysts have recently commented on IDCC shares. Weiss Ratings lowered InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Zacks Research upgraded InterDigital from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $416.67.

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.