Rajesh Pankaj Sells 1,500 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) CTO Rajesh Pankaj sold 1,500 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $338.00, for a total value of $507,000.00. Following the completion of the transaction, the chief technology officer directly owned 65,016 shares in the company, valued at $21,975,408. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rajesh Pankaj also recently made the following trade(s):

• On Wednesday, August 5th, Rajesh Pankaj sold 1,500 shares of InterDigital stock. The shares were sold at an average price of $324.88, for a total value of $487,320.00.
• On Monday, July 6th, Rajesh Pankaj sold 1,500 shares of InterDigital stock. The stock was sold at an average price of $286.00, for a total value of $429,000.00.
• On Thursday, June 11th, Rajesh Pankaj sold 1,500 shares of InterDigital stock. The stock was sold at an average price of $290.00, for a total value of $435,000.00.

InterDigital Stock Performance

InterDigital stock opened at $346.44 on Friday. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 39.96 and a beta of 1.43. InterDigital, Inc. has a 12 month low of $249.14 and a 12 month high of $412.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. The stock’s 50-day moving average is $308.92 and its 200-day moving average is $310.67.

InterDigital (NASDAQ:IDCC) last issued its earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) 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 business had revenue of $260.17 million during the quarter, compared to analysts’ expectations of $143.10 million. During the same quarter in the previous year, the business earned $6.52 EPS. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. Equities analysts anticipate that InterDigital, Inc. will post 9.76 earnings per share for the current year.

InterDigital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.75 per share. This is an increase from InterDigital’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, October 14th. InterDigital’s payout ratio is presently 32.30%.

Institutional Trading of InterDigital

Several large investors have recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new position in shares of InterDigital during the second quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new stake in InterDigital during the 4th quarter valued at $26,000. Anchor Investment Management LLC purchased a new stake in InterDigital during the 1st quarter worth $30,000. Leonteq Securities AG purchased a new stake in InterDigital during the 4th quarter worth $35,000. Finally, Hantz Financial Services Inc. lifted its holdings in InterDigital by 219.0% in the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock worth $43,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

InterDigital News Roundup

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Dividend raised 7.1%: InterDigital increased its quarterly cash dividend from $0.70 to $0.75 per share, equivalent to $3.00 annually and an approximately 0.9% yield. The dividend is payable October 28 to shareholders of record October 14. The increase signals confidence in cash generation and enhances shareholder returns. InterDigital Declares Increase in Quarterly Cash Dividend
• Positive Sentiment: Analyst sentiment remains favorable: Brokerages maintain an average “Buy” rating, with a reported average price target of $416.67. Ratings include one Strong Buy, three Buys and one Hold, suggesting analysts see further upside despite the stock’s elevated valuation.
• Positive Sentiment: Fundamentals offer support: InterDigital recently reported quarterly EPS of $4.62 versus the $0.90 consensus estimate and revenue of $260.17 million versus expectations of $143.10 million. Management’s fiscal 2026 EPS guidance is $10.85–$12.81, while the company has minimal debt and a 32.3% dividend payout ratio.
• Neutral Sentiment: Short-interest data is not meaningful: The report lists short interest at zero shares and a 0.0-day short-interest ratio, while also describing a “significant increase” and calculating an undefined percentage. The inconsistent figures provide no reliable indication of short-covering or bearish positioning.
• Negative Sentiment: CTO sold shares: Chief Technology Officer Rajesh Pankaj sold 1,500 shares for approximately $507,000 at an average price of $338. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but it adds to a broader pattern of insider selling and no reported insider purchases in the past six months. Rajesh Pankaj Sells 1,500 Shares of InterDigital Stock
• Negative Sentiment: Revenue trend remains weaker: Despite the earnings beat, quarterly revenue declined 13.4% year over year, and the stock trades at roughly 40 times earnings. This leaves IDCC more sensitive to any slowdown in licensing revenue or disappointment relative to its guidance.

Wall Street Analyst Weigh In

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

About InterDigital

InterDigital, Inc is a wireless technology research and development company that designs and develops advanced technologies used in mobile and other connected devices. Its work spans cellular communications, including 2G, 3G, 4G LTE and 5G, as well as wireless connectivity, video technologies and the Internet of Things.

The company primarily generates revenue by licensing its intellectual property to manufacturers of wireless products and other technology companies. Its portfolio includes patents and technical contributions related to wireless standards, network performance, spectrum efficiency, device connectivity and multimedia communications.