Zacks Research Forecasts Reduced Earnings for InterDigital

InterDigital, Inc. (NASDAQ:IDCC) – Stock analysts at Zacks Research cut their Q1 2026 EPS estimates for InterDigital in a report released on Friday, April 4th. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will earn $1.31 per share for the quarter, down from their previous estimate of $1.33. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share.

InterDigital Stock Performance

Shares of InterDigital stock opened at $191.31 on Monday. The business has a 50-day simple moving average of $207.18 and a 200 day simple moving average of $185.51. InterDigital has a one year low of $95.36 and a one year high of $231.97. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 1.57 and a beta of 1.44.

Institutional Trading of InterDigital

Several institutional investors and hedge funds have recently made changes to their positions in IDCC. Congress Asset Management Co. bought a new stake in InterDigital in the 4th quarter worth about $62,583,000. Price T Rowe Associates Inc. MD lifted its holdings in InterDigital by 1,451.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 299,326 shares of the Wireless communications provider’s stock worth $57,986,000 after acquiring an additional 280,030 shares during the period. Reinhart Partners LLC. boosted its position in InterDigital by 83.8% in the fourth quarter. Reinhart Partners LLC. now owns 360,238 shares of the Wireless communications provider’s stock worth $69,785,000 after purchasing an additional 164,223 shares during the last quarter. Millennium Management LLC grew its stake in InterDigital by 3,962.5% in the 4th quarter. Millennium Management LLC now owns 128,780 shares of the Wireless communications provider’s stock valued at $24,947,000 after purchasing an additional 125,610 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of InterDigital during the 4th quarter valued at $19,572,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Insider Activity at InterDigital

In related news, CTO Rajesh Pankaj sold 700 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $185.00, for a total transaction of $129,500.00. Following the completion of the sale, the chief technology officer now owns 52,396 shares in the company, valued at approximately $9,693,260. This represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Richard Brezski sold 9,602 shares of InterDigital stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $215.21, for a total transaction of $2,066,446.42. Following the transaction, the chief financial officer now directly owns 102,555 shares in the company, valued at $22,070,861.55. This represents a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,133 shares of company stock valued at $2,811,939. 2.30% of the stock is owned by company insiders.

InterDigital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.25%. This is a positive change from InterDigital’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Wednesday, April 9th. InterDigital’s dividend payout ratio is presently 19.93%.

About InterDigital

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.