Richard Brezski Sells 5,002 Shares of InterDigital (NASDAQ:IDCC) Stock

InterDigital, Inc. (NASDAQ:IDCC) CFO Richard Brezski sold 5,002 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $324.08, for a total value of $1,621,048.16. Following the sale, the chief financial officer owned 78,372 shares in the company, valued at approximately $25,398,797.76. The trade was a 6.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Richard Brezski also recently made the following trade(s):

• On Monday, January 5th, Richard Brezski sold 6,981 shares of InterDigital stock. The stock was sold at an average price of $330.49, for a total value of $2,307,150.69.

InterDigital Price Performance

Shares of NASDAQ IDCC opened at $306.69 on Friday. InterDigital, Inc. has a 52 week low of $169.58 and a 52 week high of $412.60. The business’s 50 day moving average price is $344.94 and its 200 day moving average price is $308.90. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.02. The firm has a market cap of $7.90 billion, a P/E ratio of 20.69 and a beta of 1.57.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.14. InterDigital had a net margin of 53.50% and a return on equity of 51.89%. The company had revenue of $164.68 million during the quarter, compared to analyst estimates of $153.43 million. During the same period last year, the firm posted $1.14 EPS. InterDigital’s revenue for the quarter was up 28.0% compared to the same quarter last year. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. On average, sell-side analysts expect that InterDigital, Inc. will post 9.21 earnings per share for the current year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, January 14th. InterDigital’s dividend payout ratio is presently 18.89%.

Analyst Upgrades and Downgrades

IDCC has been the subject of several analyst reports. UBS Group set a $425.00 price objective on InterDigital in a report on Monday, December 1st. William Blair reissued an “outperform” rating on shares of InterDigital in a report on Monday, September 22nd. Weiss Ratings lowered InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Jefferies Financial Group set a $475.00 target price on shares of InterDigital and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Roth Capital boosted their target price on shares of InterDigital from $270.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, InterDigital presently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

Key Stories Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: InterDigital renewed a worldwide, non‑exclusive, royalty‑bearing licensing agreement with a major Chinese vendor — a meaningful contract that supports recurring royalty revenue and reduces execution risk in an important market. Read More.
• Neutral Sentiment: The company will present at the Needham Growth Conference on Jan. 14 — provides management access to investors and could clarify near‑term drivers but is unlikely by itself to change fundamentals. Read More.
• Neutral Sentiment: Company pays a quarterly dividend (announced recently) and continues to cite strong EPS guidance for FY2025 — supportive background but yield is modest. Read More.
• Negative Sentiment: CFO Richard Brezski sold substantial blocks (6,981 shares on Jan. 5 at ~$330.49 and 5,002 shares on Jan. 6 at ~$324.08), trimming his holding ~6–7% — large insider sales that often weigh on near‑term sentiment. Read More.
• Negative Sentiment: CEO Lawrence Liren Chen sold 2,975 shares on Jan. 6 at about $334.08 (≈$994k), a visible though smaller reduction that can amplify investor caution when combined with other insider sales. Read More.
• Negative Sentiment: CTO Rajesh Pankaj sold 1,000 shares on Jan. 5 at ~$326.75 (~$327k), a modest cut but part of a cluster of insider dispositions this week. Read More.

Institutional Trading of InterDigital

Several institutional investors have recently bought and sold shares of the business. Wedge Capital Management L L P NC purchased a new stake in shares of InterDigital in the third quarter valued at about $67,282,000. Bank of Montreal Can boosted its holdings in InterDigital by 0.8% in the 2nd quarter. Bank of Montreal Can now owns 109,222 shares of the Wireless communications provider’s stock valued at $24,491,000 after purchasing an additional 911 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of InterDigital by 7.4% in the 2nd quarter. Prudential Financial Inc. now owns 26,993 shares of the Wireless communications provider’s stock valued at $6,053,000 after buying an additional 1,863 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of InterDigital by 144.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 12,043 shares of the Wireless communications provider’s stock worth $4,158,000 after buying an additional 7,113 shares during the last quarter. Finally, Inspire Investing LLC increased its holdings in shares of InterDigital by 37.9% during the 1st quarter. Inspire Investing LLC now owns 15,227 shares of the Wireless communications provider’s stock worth $3,148,000 after buying an additional 4,188 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

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.