Advyzon Investment Management LLC Purchases Shares of 1,473 InterDigital, Inc. $IDCC

Advyzon Investment Management LLC acquired a new position in shares of InterDigital, Inc. (NASDAQ:IDCC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,473 shares of the Wireless communications provider’s stock, valued at approximately $509,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC lifted 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 purchasing an additional 1,069 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of InterDigital by 5.6% in the 1st 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 worth $15,933,000 after buying an additional 4,105 shares in the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of InterDigital by 71.8% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 4,258 shares of the Wireless communications provider’s stock worth $975,000 after buying an additional 1,779 shares in the last quarter. Ethic Inc. bought a new position in shares of InterDigital during the 2nd quarter worth approximately $206,000. Finally, Peterson Wealth Services acquired a new stake in InterDigital in the 2nd quarter valued at $449,000. Institutional investors own 99.83% of the company’s stock.

InterDigital Stock Performance

InterDigital stock opened at $358.50 on Friday. The stock has a 50-day simple moving average of $333.45 and a 200 day simple moving average of $332.42. The stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 30.05 and a beta of 1.58. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. InterDigital, Inc. has a 12-month low of $180.60 and a 12-month high of $412.60.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The firm had revenue of $158.23 million for the quarter, compared to analyst estimates of $155.57 million. During the same quarter in the prior year, the firm earned $5.15 EPS. The company’s revenue was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. On average, research analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.

InterDigital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, January 14th. InterDigital’s payout ratio is 23.47%.

Insiders Place Their Bets

In other InterDigital news, Director John A. Kritzmacher sold 1,250 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total value of $413,750.00. Following the transaction, the director directly owned 15,815 shares in the company, valued at approximately $5,234,765. This trade represents a 7.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Richard Brezski sold 6,981 shares of InterDigital stock in a transaction on Monday, January 5th. The shares were sold at an average price of $330.49, for a total value of $2,307,150.69. Following the completion of the sale, the chief financial officer directly owned 83,374 shares of the company’s stock, valued at $27,554,273.26. This trade represents a 7.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 45,087 shares of company stock valued at $15,029,098. 2.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Jefferies Financial Group set a $475.00 target price on shares of InterDigital and gave the stock a “buy” rating in a research report on Thursday, October 30th. Wall Street Zen lowered shares of InterDigital from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, UBS Group set a $425.00 price objective on shares of InterDigital in a research note on Monday, December 1st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.