InterDigital, Inc. $IDCC Stock Position Reduced by Fieldview Capital Management LLC

Fieldview Capital Management LLC lessened its stake in InterDigital, Inc. (NASDAQ:IDCC) by 37.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,723 shares of the Wireless communications provider’s stock after selling 8,746 shares during the quarter. InterDigital accounts for about 0.8% of Fieldview Capital Management LLC’s holdings, making the stock its 14th biggest position. Fieldview Capital Management LLC owned approximately 0.06% of InterDigital worth $5,083,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of InterDigital in the third quarter worth $30,000. Aster Capital Management DIFC Ltd raised its holdings in shares of InterDigital by 186.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in InterDigital during the second quarter valued at $28,000. Spire Wealth Management acquired a new stake in InterDigital during the third quarter valued at $49,000. Finally, Salomon & Ludwin LLC purchased a new position in InterDigital in the third quarter valued at about $59,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

InterDigital Price Performance

Shares of NASDAQ:IDCC opened at $357.06 on Monday. The stock has a market capitalization of $9.17 billion, a P/E ratio of 29.93 and a beta of 1.57. The business has a 50-day moving average of $340.46 and a two-hundred day moving average of $339.93. InterDigital, Inc. has a fifty-two week low of $180.60 and a fifty-two week high of $412.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.84 and a quick ratio of 1.84.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.47. InterDigital had a return on equity of 41.09% and a net margin of 48.76%.The business had revenue of $158.23 million for the quarter, compared to the consensus estimate of $155.57 million. During the same period last year, the business earned $5.15 EPS. The firm’s 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. On average, equities research analysts predict that InterDigital, Inc. will post 9.21 EPS for the current fiscal year.

Insider Buying and Selling at InterDigital

In other news, CFO Richard Brezski sold 6,981 shares of InterDigital stock in a transaction that occurred 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 transaction, the chief financial officer 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lawrence Liren Chen sold 5,958 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $327.62, for a total transaction of $1,951,959.96. Following the sale, the chief executive officer directly owned 153,077 shares of the company’s stock, valued at approximately $50,151,086.74. This represents a 3.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,304 shares of company stock worth $15,134,779 over the last 90 days. Insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group set a $425.00 price target on InterDigital in a research note on Monday, December 1st. Weiss Ratings downgraded InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, December 29th. Zacks Research lowered shares of InterDigital from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Roth Mkm reiterated a “buy” rating on shares of InterDigital in a research note on Tuesday, January 20th. Finally, Wall Street Zen raised shares of InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.67.

InterDigital Profile

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.