United Capital Financial Advisors LLC Takes $552,000 Position in InterDigital, Inc. $IDCC

United Capital Financial Advisors LLC bought a new position in InterDigital, Inc. (NASDAQ:IDCC) in the second quarter, HoldingsChannel reports. The firm bought 1,948 shares of the Wireless communications provider’s stock, valued at approximately $552,000.

Several other large investors have also recently modified their holdings of the stock. Keating Financial Advisory Services Inc. purchased a new stake in InterDigital during the 2nd quarter valued at $25,000. Kemnay Advisory Services Inc. purchased a new position in InterDigital during the fourth quarter worth $26,000. Anchor Investment Management LLC bought a new position in InterDigital during the first quarter valued at $30,000. Leonteq Securities AG bought a new position in InterDigital during the fourth quarter valued at $35,000. Finally, Hantz Financial Services Inc. raised its stake in shares of InterDigital by 219.0% in the fourth quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock valued at $43,000 after acquiring an additional 92 shares during the period. Institutional investors own 99.83% of the company’s stock.

InterDigital Stock Performance

Shares of InterDigital stock opened at $335.03 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $299.69 and its two-hundred day moving average is $312.20. InterDigital, Inc. has a 52 week low of $249.14 and a 52 week high of $412.60. The company has a market capitalization of $8.65 billion, a PE ratio of 38.64 and a beta of 1.43.

InterDigital (NASDAQ:IDCC) last released its earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share for the quarter, topping the consensus estimate of $0.90 by $3.72. The business had revenue of $260.17 million during the quarter, compared to the consensus estimate of $143.10 million. InterDigital had a return on equity of 28.17% and a net margin of 38.32%.The business’s revenue for the quarter was down 13.4% compared to the same quarter last year. During the same period last year, the company earned $6.52 earnings per share. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. As a group, analysts expect that InterDigital, Inc. will post 9.76 earnings per share for the current year.

InterDigital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, July 8th. InterDigital’s payout ratio is 32.30%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on IDCC. Weiss Ratings cut shares of InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Zacks Research raised shares of InterDigital from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $416.67.

Insiders Place Their Bets

In other InterDigital news, Director Derek K. Aberle sold 522 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $276.64, for a total value of $144,406.08. Following the transaction, the director directly owned 7,620 shares in the company, valued at $2,107,996.80. This represents a 6.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $100,973.60. Following the transaction, the director directly owned 16,359 shares in the company, valued at approximately $4,525,553.76. This trade represents a 2.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 7,672 shares of company stock worth $2,240,797. 3.50% of the stock is owned by company insiders.

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.