Fieldview Capital Management LLC Sells 3,563 Shares of InterDigital, Inc. $IDCC

Fieldview Capital Management LLC decreased its holdings in InterDigital, Inc. (NASDAQ:IDCC) by 24.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,160 shares of the Wireless communications provider’s stock after selling 3,563 shares during the quarter. Fieldview Capital Management LLC’s holdings in InterDigital were worth $3,553,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund bought a new position in InterDigital in the fourth quarter worth approximately $1,010,000. Eventide Asset Management LLC raised its stake in InterDigital by 10.8% in the fourth quarter. Eventide Asset Management LLC now owns 5,525 shares of the Wireless communications provider’s stock worth $1,763,000 after buying an additional 540 shares in the last quarter. Brown Advisory Inc. raised its stake in InterDigital by 5.5% in the fourth quarter. Brown Advisory Inc. now owns 35,723 shares of the Wireless communications provider’s stock worth $11,373,000 after buying an additional 1,863 shares in the last quarter. FORA Capital LLC raised its stake in InterDigital by 167.3% in the fourth quarter. FORA Capital LLC now owns 4,268 shares of the Wireless communications provider’s stock worth $1,359,000 after buying an additional 2,671 shares in the last quarter. Finally, Quartz Partners LLC increased its position in shares of InterDigital by 5.0% during the fourth quarter. Quartz Partners LLC now owns 20,582 shares of the Wireless communications provider’s stock worth $6,553,000 after purchasing an additional 972 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

Insiders Place Their Bets

In other news, CTO Rajesh Pankaj sold 1,500 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $290.00, for a total transaction of $435,000.00. Following the sale, the chief technology officer directly owned 69,476 shares of the company’s stock, valued at $20,148,040. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the business’s stock in a transaction 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 sale, the insider directly owned 25,889 shares in the company, valued at $9,014,808.69. This trade represents a 18.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,750 shares of company stock worth $3,187,995 over the last three months. Corporate insiders own 2.80% of the company’s stock.

InterDigital Stock Performance

Shares of IDCC stock opened at $283.73 on Friday. The business’s fifty day simple moving average is $300.42 and its 200-day simple moving average is $326.39. The company has a market cap of $7.33 billion, a PE ratio of 26.72 and a beta of 1.43. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings data 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. The firm had revenue of $205.42 million for the quarter, compared to analyst estimates of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.45 earnings per share. 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 expect that InterDigital, Inc. will post 7.41 earnings per share for the current fiscal year.

InterDigital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued 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 dividend yield of 1.0%. InterDigital’s payout ratio is 26.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of InterDigital in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, InterDigital currently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital announced a new patent license agreement with Amazon covering video services and devices, including Amazon Prime Video. This is a meaningful validation of InterDigital’s streaming/video IP portfolio and should support royalty revenue going forward. InterDigital and Amazon enter into new video services and devices license agreement
• Positive Sentiment: Analysts reacted favorably to the Amazon deal, with coverage calling InterDigital a buy and highlighting the agreement as a strong catalyst for the stock. InterDigital is a buy, this analyst says
• Positive Sentiment: The company also declared a regular quarterly cash dividend of $0.70 per share, underscoring shareholder returns and financial strength. InterDigital Declares Regular Quarterly Cash Dividend
• Neutral Sentiment: InterDigital CTO Rajesh Pankaj sold 1,500 shares under a pre-arranged 10b5-1 trading plan. While insider sales can draw attention, the transaction was small relative to his remaining stake and appears routine. SEC Form 4 filing
• Negative Sentiment: Zacks noted that despite the recent surge, rising earnings estimate revisions may not fully support continued upside in the near term, suggesting some caution after the sharp move. InterDigital (IDCC) Moves 9.0% Higher: Will This Strength Last?

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.