InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Research analysts at William Blair increased their Q2 2025 earnings estimates for InterDigital in a research note issued on Wednesday, July 30th. William Blair analyst A. Bhatia now forecasts that the Wireless communications provider will earn $4.78 per share for the quarter, up from their previous forecast of $2.43. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share. William Blair also issued estimates for InterDigital’s FY2025 earnings at $12.28 EPS.
InterDigital Price Performance
InterDigital stock opened at $252.80 on Friday. InterDigital has a 12-month low of $129.76 and a 12-month high of $277.95. The firm’s 50-day moving average is $225.71 and its two-hundred day moving average is $210.98. The stock has a market capitalization of $6.56 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.57 and a beta of 1.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.96 and a quick ratio of 1.76.
InterDigital Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 9th were issued a dividend of $0.60 per share. The ex-dividend date was Wednesday, July 9th. This represents a $2.40 annualized dividend and a dividend yield of 0.9%. InterDigital’s dividend payout ratio (DPR) is 19.03%.
Insider Buying and Selling at InterDigital
In other news, Director Samir Armaly sold 779 shares of the company’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $226.52, for a total transaction of $176,459.08. Following the completion of the transaction, the director owned 3,128 shares of the company’s stock, valued at $708,554.56. This represents a 19.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Rajesh Pankaj sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $224.58, for a total transaction of $224,580.00. Following the completion of the sale, the chief technology officer directly owned 76,580 shares in the company, valued at $17,198,336.40. This represents a 1.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,062 shares of company stock valued at $920,853. 2.80% of the stock is currently owned by insiders.
Hedge Funds Weigh In On InterDigital
Several institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in shares of InterDigital by 31,724.6% in the 1st quarter. GAMMA Investing LLC now owns 299,788 shares of the Wireless communications provider’s stock valued at $619,810,000 after purchasing an additional 298,846 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in InterDigital by 1,451.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 299,326 shares of the Wireless communications provider’s stock worth $57,986,000 after acquiring an additional 280,030 shares during the last quarter. New Vernon Capital Holdings II LLC raised its holdings in shares of InterDigital by 25,257.5% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 204,889 shares of the Wireless communications provider’s stock worth $42,361,000 after purchasing an additional 204,081 shares during the period. Millennium Management LLC lifted its stake in shares of InterDigital by 3,962.5% in the 4th quarter. Millennium Management LLC now owns 128,780 shares of the Wireless communications provider’s stock valued at $24,947,000 after purchasing an additional 125,610 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in shares of InterDigital by 152,729.3% during the 1st quarter. Bessemer Group Inc. now owns 114,622 shares of the Wireless communications provider’s stock worth $23,700,000 after purchasing an additional 114,547 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.
InterDigital Company Profile
InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.
Recommended Stories
- Five stocks we like better than InterDigital
- 3 Best Fintech Stocks for a Portfolio Boost
- Will Hims & Hers Fall Along With Novo Nordisk?
- Stock Sentiment Analysis: How it Works
- Play It Cool: Why Comfort Systems USA Is a Hidden AI Winner
- Investing In Preferred Stock vs. Common Stock
- Rocket Lab Reports Next Week: Here’s What Investors Should Know
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.