Jean Rankin Sells 365 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) Director Jean Rankin 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 transaction, the director directly owned 28,938 shares in the company, valued at $8,005,408.32. The trade was a 1.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

InterDigital Stock Performance

Shares of InterDigital stock opened at $286.10 on Thursday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $298.86 and its 200-day moving average price is $324.74. The firm has a market cap of $7.39 billion, a P/E ratio of 26.94 and a beta of 1.43. InterDigital, Inc. has a 12 month low of $213.06 and a 12 month high of $412.60.

InterDigital (NASDAQ:IDCC) last released its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping 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 company had revenue of $205.42 million during the quarter, compared to analyst estimates of $196.85 million. During the same period in the prior year, the firm earned $3.45 earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. 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, equities research analysts expect that InterDigital, Inc. will post 7.41 earnings per share for the current fiscal year.

InterDigital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. InterDigital’s dividend payout ratio is presently 26.37%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IDCC. Weiss Ratings lowered shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 12th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Finally, Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $416.67.

Key Headlines Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital won a European patent injunction against Disney, with the Unified Patent Court confirming the validity of InterDigital’s video-encoding patent and banning Disney’s use across 11 EU countries. The ruling strengthens InterDigital’s licensing leverage and supports its intellectual property monetization story. InterDigital awarded injunction against Disney by Unified Patent Court
• Neutral Sentiment: Zacks Research made small tweaks to InterDigital’s earnings estimates, including a slight cut to Q3 2026 EPS and a modest increase to Q4 2026 EPS. The changes were minor and likely have limited immediate impact on the stock.
• Negative Sentiment: Multiple directors, including John Kritzmacher, Derek Aberle, and Jean Rankin, disclosed stock sales under pre-arranged 10b5-1 plans. While routine, the cluster of insider selling can still weigh on investor sentiment. SEC Form 4 – Derek K. Aberle sale SEC Form 4 – John A. Kritzmacher sale SEC Form 4 – Jean F. Rankin sale

Institutional Investors Weigh In On InterDigital

Large investors have recently made changes to their positions in the stock. Kemnay Advisory Services Inc. purchased a new stake in shares of InterDigital during the fourth quarter valued at $26,000. Anchor Investment Management LLC purchased a new stake in shares of InterDigital during the first quarter valued at $30,000. Aster Capital Management DIFC Ltd grew its holdings in shares of InterDigital by 186.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after buying an additional 71 shares during the last quarter. Leonteq Securities AG purchased a new stake in shares of InterDigital during the fourth quarter valued at $35,000. Finally, Financial Consulate Inc. purchased a new stake in shares of InterDigital during the fourth quarter valued at $41,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

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.