InterDigital, Inc. $IDCC Shares Sold by Bayforest Capital Ltd

Bayforest Capital Ltd trimmed its position in shares of InterDigital, Inc. (NASDAQ:IDCC) by 56.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,373 shares of the Wireless communications provider’s stock after selling 1,759 shares during the period. Bayforest Capital Ltd’s holdings in InterDigital were worth $437,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Moran Wealth Management LLC grew its holdings in InterDigital by 0.6% during the 3rd quarter. Moran Wealth Management LLC now owns 4,751 shares of the Wireless communications provider’s stock valued at $1,640,000 after purchasing an additional 29 shares in the last quarter. CoreCap Advisors LLC grew its holdings in InterDigital by 15.6% during the 3rd quarter. CoreCap Advisors LLC now owns 245 shares of the Wireless communications provider’s stock valued at $85,000 after purchasing an additional 33 shares in the last quarter. Archer Investment Corp grew its holdings in InterDigital by 4.3% during the 3rd quarter. Archer Investment Corp now owns 1,117 shares of the Wireless communications provider’s stock worth $386,000 after acquiring an additional 46 shares in the last quarter. Blue Trust Inc. grew its holdings in InterDigital by 3.6% during the 4th quarter. Blue Trust Inc. now owns 1,437 shares of the Wireless communications provider’s stock worth $458,000 after acquiring an additional 50 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in InterDigital by 1.6% during the 4th quarter. Diversify Advisory Services LLC now owns 3,264 shares of the Wireless communications provider’s stock worth $1,008,000 after acquiring an additional 52 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Lawrence Liren Chen sold 5,958 shares of InterDigital stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $327.62, for a total value of $1,951,959.96. Following the completion of the transaction, the chief executive officer directly owned 153,077 shares of the company’s stock, valued at approximately $50,151,086.74. The trade was a 3.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction dated 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 directly owned 72,404 shares of the company’s stock, valued at $26,123,363.20. This trade represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,930 shares of company stock worth $9,528,129. Corporate insiders own 2.80% of the company’s stock.

InterDigital Price Performance

Shares of IDCC stock opened at $373.02 on Friday. InterDigital, Inc. has a 1-year low of $181.05 and a 1-year high of $412.60. The firm has a fifty day moving average of $348.47 and a two-hundred day moving average of $345.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $9.58 billion, a P/E ratio of 31.27 and a beta of 1.66.

InterDigital (NASDAQ:IDCC) last posted its quarterly earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, beating 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 business had revenue of $158.23 million during the quarter, compared to analyst estimates of $155.57 million. During the same period in the previous year, the business posted $5.15 EPS. The company’s quarterly revenue was down 37.4% on a year-over-year basis. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. As a group, research analysts anticipate that InterDigital, Inc. will post 9.21 earnings per share for the current fiscal year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a $2.80 annualized dividend and a dividend yield of 0.8%. InterDigital’s payout ratio is 23.47%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Jefferies Financial Group reissued a “buy” rating on shares of InterDigital in a report on Wednesday, March 18th. Weiss Ratings lowered shares of InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. Finally, Roth Mkm reissued a “buy” rating on shares of InterDigital in a report on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.