InterDigital, Inc. $IDCC Stock Holdings Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in InterDigital, Inc. (NASDAQ:IDCC) by 104.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 66,098 shares of the Wireless communications provider’s stock after buying an additional 33,800 shares during the period. Renaissance Technologies LLC’s holdings in InterDigital were worth $19,962,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. NewEdge Advisors LLC raised its stake in InterDigital by 37.6% during the first quarter. NewEdge Advisors LLC now owns 3,911 shares of the Wireless communications provider’s stock worth $809,000 after acquiring an additional 1,069 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in InterDigital by 5.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,066 shares of the Wireless communications provider’s stock valued at $15,933,000 after acquiring an additional 4,105 shares during the period. Russell Investments Group Ltd. boosted its stake in InterDigital by 85.8% in the second quarter. Russell Investments Group Ltd. now owns 6,407 shares of the Wireless communications provider’s stock valued at $1,437,000 after acquiring an additional 2,958 shares during the period. AXA S.A. raised its position in shares of InterDigital by 12.4% during the 2nd quarter. AXA S.A. now owns 34,283 shares of the Wireless communications provider’s stock worth $7,687,000 after purchasing an additional 3,788 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of InterDigital by 2.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 127,983 shares of the Wireless communications provider’s stock worth $28,698,000 after purchasing an additional 3,643 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

InterDigital Stock Performance

Shares of NASDAQ IDCC opened at $303.33 on Friday. 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 has a 50 day simple moving average of $269.68 and a 200-day simple moving average of $311.04. The company has a market cap of $7.84 billion, a PE ratio of 28.56 and a beta of 1.42. InterDigital, Inc. has a 12-month low of $247.66 and a 12-month high of $412.60.

InterDigital (NASDAQ:IDCC) last posted its earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 EPS for the quarter, beating the consensus estimate of $0.90 by $3.72. The firm had revenue of $260.17 million for the quarter, compared to analysts’ expectations of $143.10 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The firm’s revenue was down 13.4% compared to the same quarter last year. During the same period last year, the firm earned $6.52 EPS. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. On average, equities research analysts forecast that InterDigital, Inc. will post 7.41 EPS for the current year.

InterDigital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, July 8th. This represents a $2.80 annualized dividend and a dividend yield of 0.9%. InterDigital’s dividend payout ratio (DPR) is 26.37%.

Insider Activity

In other InterDigital news, CTO Rajesh Pankaj sold 1,500 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $286.00, for a total transaction of $429,000.00. Following the sale, the chief technology officer owned 67,976 shares in the company, valued at approximately $19,441,136. The trade was a 2.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John A. Kritzmacher sold 365 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $276.64, for a total transaction of $100,973.60. Following the completion of the sale, the director owned 16,359 shares of the company’s stock, valued at approximately $4,525,553.76. This trade represents a 2.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,872 shares of company stock valued at $1,654,159 in the last ninety days. 3.50% of the stock is owned by company insiders.

InterDigital News Roundup

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Large earnings beat: InterDigital reported adjusted earnings of $4.62 per share, well above the roughly $0.90–$1.60 analyst estimates cited in the reports. The result was supported by a new Streaming and Cloud Services agreement and licensing-related catch-up revenue. InterDigital Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Raised 2026 outlook: Management increased full-year revenue guidance to $775 million–$845 million, above the prior outlook and the approximately $700.9 million consensus cited in the reports. Full-year EPS guidance of $10.85–$12.81 also exceeds the reported consensus estimate of $9.17. InterDigital Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Recurring revenue reached a record: Annualized recurring revenue rose 13% year over year to approximately $626 million, strengthening the investment case for more predictable licensing and services revenue. Streaming and Cloud Services contributed materially to the quarter.
• Positive Sentiment: Portfolio monetization remains active: InterDigital reached an agreement with Amazon covering services and devices, including Prime Video, with final terms to be determined through binding arbitration. The agreement reinforces the potential value of InterDigital’s intellectual property portfolio.
• Neutral Sentiment: Revenue declined year over year: Quarterly revenue fell about 13% from the prior-year period, while operating expenses increased. This highlights the uneven timing of licensing payments despite the stronger outlook.
• Negative Sentiment: Legal and insider-selling risks: Arbitration over the Amazon agreement could delay or alter the value of future payments. Separately, available trading data shows numerous insider sales and no insider purchases during the past six months, a potential sentiment overhang.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, InterDigital has an average rating of “Moderate Buy” and a consensus price target of $416.67.

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.