Samir Armaly Sells 470 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCCGet Free Report) Director Samir Armaly sold 470 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $130,020.80. Following the transaction, the director owned 4,608 shares in the company, valued at $1,274,757.12. The trade was a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

InterDigital Price Performance

Shares of IDCC stock opened at $286.10 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.88 and a quick ratio of 1.88. The firm’s 50-day moving average is $298.86 and its two-hundred day moving average is $324.74. InterDigital, Inc. has a 12 month low of $213.06 and a 12 month high of $412.60. The company has a market capitalization of $7.39 billion, a PE ratio of 26.94 and a beta of 1.43.

InterDigital (NASDAQ:IDCCGet Free Report) last issued its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS 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 for the quarter, compared to the consensus estimate of $196.85 million. During the same period in the previous year, the firm earned $3.45 earnings per share. InterDigital’s quarterly revenue 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. Analysts predict that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $2.80 dividend on an annualized basis and a yield of 1.0%. InterDigital’s payout ratio is 26.37%.

Institutional Investors Weigh In On InterDigital

A number of institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in shares of InterDigital by 54.9% during the first quarter. NewEdge Advisors LLC now owns 9,239 shares of the Wireless communications provider’s stock valued at $2,790,000 after acquiring an additional 3,274 shares during the last quarter. Bank of America Corp DE increased its position in shares of InterDigital by 31.3% during the first quarter. Bank of America Corp DE now owns 266,724 shares of the Wireless communications provider’s stock valued at $80,551,000 after acquiring an additional 63,524 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of InterDigital by 58.8% during the first quarter. EverSource Wealth Advisors LLC now owns 397 shares of the Wireless communications provider’s stock valued at $120,000 after acquiring an additional 147 shares during the last quarter. California State Teachers Retirement System increased its position in shares of InterDigital by 18.6% during the first quarter. California State Teachers Retirement System now owns 30,175 shares of the Wireless communications provider’s stock valued at $9,113,000 after acquiring an additional 4,737 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of InterDigital by 375.7% during the first quarter. Royal Bank of Canada now owns 199,655 shares of the Wireless communications provider’s stock valued at $60,297,000 after acquiring an additional 157,687 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings downgraded shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, InterDigital presently has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.

View Our Latest Stock Report on IDCC

Trending Headlines about 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

About InterDigital

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for InterDigital (NASDAQ:IDCC)

Receive News & Ratings for InterDigital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterDigital and related companies with MarketBeat.com's FREE daily email newsletter.