One Capital Management LLC Buys 2,324 Shares of InterDigital, Inc. $IDCC

One Capital Management LLC lifted its stake in InterDigital, Inc. (NASDAQ:IDCC) by 40.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,015 shares of the Wireless communications provider’s stock after purchasing an additional 2,324 shares during the period. One Capital Management LLC’s holdings in InterDigital were worth $2,552,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. NewEdge Advisors LLC boosted its stake in InterDigital by 37.6% during the 1st quarter. NewEdge Advisors LLC now owns 3,911 shares of the Wireless communications provider’s stock worth $809,000 after acquiring an additional 1,069 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in InterDigital by 5.6% during the 1st 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 worth $15,933,000 after acquiring an additional 4,105 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in InterDigital by 85.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 6,407 shares of the Wireless communications provider’s stock worth $1,437,000 after acquiring an additional 2,958 shares during the last quarter. AXA S.A. boosted its stake in InterDigital by 12.4% during the 2nd quarter. AXA S.A. now owns 34,283 shares of the Wireless communications provider’s stock worth $7,687,000 after acquiring an additional 3,788 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in InterDigital by 2.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 127,983 shares of the Wireless communications provider’s stock worth $28,698,000 after acquiring an additional 3,643 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors.

InterDigital Stock Performance

Shares of IDCC opened at $259.00 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88. InterDigital, Inc. has a twelve month low of $213.06 and a twelve month high of $412.60. The firm’s 50 day moving average price is $308.28 and its two-hundred day moving average price is $331.16. The firm has a market cap of $6.69 billion, a P/E ratio of 24.39 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.03. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The firm had revenue of $205.42 million for the quarter, compared to analyst estimates of $196.85 million. During the same quarter in the previous year, the firm posted $3.45 earnings per share. The business’s revenue was down 2.4% on a year-over-year basis. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. On average, analysts forecast that InterDigital, Inc. will post 7.59 EPS for the current fiscal year.

InterDigital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a $2.80 dividend on an annualized basis and a yield of 1.1%. InterDigital’s payout ratio is presently 26.37%.

Insider Buying and Selling

In other InterDigital news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $313.30, for a total value of $469,950.00. Following the transaction, the chief technology officer owned 72,449 shares of the company’s stock, valued at approximately $22,698,271.70. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of InterDigital stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the completion of the transaction, the insider directly owned 25,889 shares in the company, valued at approximately $9,014,808.69. The trade was a 18.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,500 shares of company stock worth $2,927,310. Insiders own 2.30% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on IDCC. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Weiss Ratings reissued a “buy (b)” rating on shares of InterDigital in a research note on Friday, May 1st. Finally, Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, InterDigital has a consensus 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.