Rhumbline Advisers Has $28.51 Million Stake in InterDigital, Inc. $IDCC

Rhumbline Advisers boosted its position in shares of InterDigital, Inc. (NASDAQ:IDCC) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,569 shares of the Wireless communications provider’s stock after acquiring an additional 3,071 shares during the quarter. Rhumbline Advisers owned 0.32% of InterDigital worth $28,505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Moran Wealth Management LLC raised its holdings in shares of InterDigital by 0.6% in the 3rd quarter. Moran Wealth Management LLC now owns 4,751 shares of the Wireless communications provider’s stock valued at $1,640,000 after purchasing an additional 29 shares during the period. CoreCap Advisors LLC raised its stake in InterDigital by 15.6% in the third quarter. CoreCap Advisors LLC now owns 245 shares of the Wireless communications provider’s stock valued at $85,000 after buying an additional 33 shares during the period. Teacher Retirement System of Texas lifted its position in shares of InterDigital by 0.4% in the second quarter. Teacher Retirement System of Texas now owns 11,388 shares of the Wireless communications provider’s stock valued at $2,554,000 after buying an additional 41 shares during the last quarter. Creative Planning boosted its stake in shares of InterDigital by 0.3% during the 2nd quarter. Creative Planning now owns 15,345 shares of the Wireless communications provider’s stock worth $3,441,000 after acquiring an additional 46 shares during the period. Finally, Archer Investment Corp increased its holdings in shares of InterDigital by 4.3% during the 3rd quarter. Archer Investment Corp now owns 1,117 shares of the Wireless communications provider’s stock worth $386,000 after acquiring an additional 46 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital secured a fifth injunction in Germany against Disney for alleged infringement of HEVC video‑compression patents — a legal win that strengthens IDCC’s leverage to extract a licensing deal or settlement from a major streaming customer. Read More.
• Positive Sentiment: Atle Monrad was re‑elected Chair of 3GPP SA6, reinforcing InterDigital’s influence in standards‑setting — a strategic advantage for long‑term monetization of wireless and service‑architecture patents. Read More.
• Neutral Sentiment: Recent Q4 results beat EPS estimates and company provided Q1 2026 EPS guidance (2.39–2.68), which supports earnings visibility even as revenue is down year‑over‑year — fundamentals that underpin the rally but were largely already priced in.
• Neutral Sentiment: Published short‑interest figures in recent feeds show 0 shares / NaN changes and 0.0 days‑to‑cover — this appears to be a reporting anomaly, not evidence of meaningful short‑squeezing pressure.
• Neutral Sentiment: Investor commentary and analysis pieces are circulating on IDCC’s long‑term growth case, providing broader retail/institutional context. Read More.
• Negative Sentiment: CFO Richard Brezski sold 6,005 shares on Feb. 10 (~$360.80) and another 2,000 shares on Feb. 11 (~$352.24), totaling 8,005 shares — notable insider selling that can raise short‑term concern about timing and adds supply. Read More.
• Negative Sentiment: Director John D. Jr. Markley sold 700 shares (~$374.95), trimming his stake by ~5.9% — another insider disposal that may be viewed negatively by some investors. Read More.
• Negative Sentiment: Director Joan H. Gillman sold 325 shares on Feb. 11 (~$352.24), a modest sale but part of a cluster of insider transactions this week. Read More.

Analysts Set New Price Targets

Several brokerages have issued reports on IDCC. Roth Mkm reaffirmed a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. UBS Group set a $425.00 target price on shares of InterDigital in a research note on Monday, December 1st. Weiss Ratings lowered shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. Zacks Research cut shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Jefferies Financial Group set a $475.00 price objective on InterDigital and gave the stock a “buy” rating in a report on Thursday, October 30th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, InterDigital has an average rating of “Moderate Buy” and an average target price of $416.67.

InterDigital Trading Up 5.1%

IDCC stock opened at $375.01 on Monday. InterDigital, Inc. has a 52 week low of $180.60 and a 52 week high of $412.60. The company has a market capitalization of $9.63 billion, a PE ratio of 31.43 and a beta of 1.58. The company’s 50-day simple moving average is $333.13 and its 200 day simple moving average is $329.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.84 and a current ratio of 1.84.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm posted $5.15 EPS. The business’s revenue for the quarter was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, sell-side analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current year.

InterDigital Announces Dividend

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

Insiders Place Their Bets

In other news, Director John A. Kritzmacher sold 1,250 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total transaction of $413,750.00. Following the sale, the director directly owned 15,815 shares of the company’s stock, valued at approximately $5,234,765. This represents a 7.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard Brezski sold 6,981 shares of the firm’s stock in a transaction 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 owned 83,374 shares in the company, valued at $27,554,273.26. The trade was a 7.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 45,087 shares of company stock worth $15,029,098 in the last 90 days. Company insiders own 2.30% of the company’s stock.

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.