Allspring Global Investments Holdings LLC Has $878,000 Position in InterDigital, Inc. $IDCC

Allspring Global Investments Holdings LLC reduced its holdings in InterDigital, Inc. (NASDAQ:IDCC) by 39.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,690 shares of the Wireless communications provider’s stock after selling 1,723 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in InterDigital were worth $878,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Reinhart Partners LLC. raised its position in shares of InterDigital by 0.7% during the third quarter. Reinhart Partners LLC. now owns 412,346 shares of the Wireless communications provider’s stock valued at $142,360,000 after buying an additional 3,030 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of InterDigital by 18.9% during the third quarter. Ameriprise Financial Inc. now owns 368,323 shares of the Wireless communications provider’s stock valued at $127,202,000 after buying an additional 58,660 shares during the last quarter. Invesco Ltd. raised its position in shares of InterDigital by 12.6% during the third quarter. Invesco Ltd. now owns 361,216 shares of the Wireless communications provider’s stock valued at $124,703,000 after buying an additional 40,335 shares during the last quarter. Congress Asset Management Co. raised its position in shares of InterDigital by 2.7% during the third quarter. Congress Asset Management Co. now owns 353,017 shares of the Wireless communications provider’s stock valued at $121,872,000 after buying an additional 9,265 shares during the last quarter. Finally, Wedge Capital Management L L P NC acquired a new position in shares of InterDigital during the third quarter valued at about $67,282,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Key InterDigital News

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks Research raised multiple future-period earnings estimates (modest bumps to Q4 2026, Q2 2027, Q4 2027, FY2027 and FY2028 and Q1 2028), which supports a stronger multi-quarter outlook and likely helped sentiment around IDCC today.
• Positive Sentiment: The company recently declared a quarterly dividend ($0.70; ex-dividend/record dates noted in recent filings), providing yield and reinforcing capital-return discipline that can attract income-focused investors.
• Positive Sentiment: Institutional buying and large holdings (notable increases by several funds) and a consensus analyst price target above current levels signal continued institutional support and upside expectations for the stock.
• Neutral Sentiment: CTO Rajesh Pankaj sold 1,500 shares under a pre-arranged Rule 10b5-1 plan (transaction disclosed). Because this was executed under a trading plan and represents a small percentage of his holdings, the move is broadly neutral but noted by investors. Insider trade alert
• Negative Sentiment: A recent note (Apr 9) reported Zacks lowered its Q2 EPS estimate — a reminder that quarterly licensing revenue can swing and short‑term EPS expectations remain subject to revision. This downgrade counters some of the earlier modest estimate raises and adds near-term uncertainty. Q2 EPS Estimates Lowered
• Negative Sentiment: InterDigital’s most recent quarterly results showed a large year-over-year revenue decline (licensing cycles can be lumpy); while EPS beat and margin metrics remain strong, the revenue volatility is a key risk to watch and can drive intra‑quarter price swings.

InterDigital Stock Performance

NASDAQ:IDCC opened at $349.58 on Friday. InterDigital, Inc. has a 12-month low of $181.05 and a 12-month high of $412.60. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $8.98 billion, a PE ratio of 29.30 and a beta of 1.66. The firm has a 50-day moving average price of $345.26 and a 200 day moving average price of $345.31.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $155.57 million. During the same quarter in the prior year, the business posted $5.15 earnings per share. The company’s quarterly revenue was down 37.4% compared to the same quarter last year. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. Research analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.

InterDigital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th will be 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 is Wednesday, April 8th. InterDigital’s dividend payout ratio is 23.47%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Roth Mkm reaffirmed a “buy” rating on shares of InterDigital in a research report on Tuesday, January 20th. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings lowered shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

Insider Transactions at InterDigital

In other news, Director John D. Jr. Markley sold 700 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $374.95, for a total transaction of $262,465.00. Following the completion of the sale, the director owned 11,223 shares of the company’s stock, valued at approximately $4,208,063.85. This trade represents a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $360.80, for a total transaction of $2,166,604.00. Following the completion of the transaction, the chief financial officer owned 72,404 shares of the company’s stock, valued at $26,123,363.20. This trade represents a 7.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 30,905 shares of company stock valued at $10,452,819. Corporate insiders own 2.80% of the company’s stock.

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.