Harbor Capital Advisors Inc. Has $4.02 Million Position in InterDigital, Inc. $IDCC

Harbor Capital Advisors Inc. decreased its stake in InterDigital, Inc. (NASDAQ:IDCC) by 73.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,639 shares of the Wireless communications provider’s stock after selling 32,021 shares during the period. Harbor Capital Advisors Inc.’s holdings in InterDigital were worth $4,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IDCC. Geode Capital Management LLC boosted its holdings in InterDigital by 1.9% in the second quarter. Geode Capital Management LLC now owns 658,877 shares of the Wireless communications provider’s stock valued at $148,103,000 after acquiring an additional 12,223 shares during the last quarter. Congress Asset Management Co. lifted its position in shares of InterDigital by 2.7% in the 3rd quarter. Congress Asset Management Co. now owns 353,017 shares of the Wireless communications provider’s stock worth $121,872,000 after purchasing an additional 9,265 shares during the period. Norges Bank bought a new stake in shares of InterDigital in the 2nd quarter valued at $71,200,000. Ameriprise Financial Inc. boosted its stake in shares of InterDigital by 36.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 309,663 shares of the Wireless communications provider’s stock valued at $69,433,000 after purchasing an additional 83,221 shares during the last quarter. Finally, New Vernon Capital Holdings II LLC increased its position in shares of InterDigital by 25,257.5% during the first quarter. New Vernon Capital Holdings II LLC now owns 204,889 shares of the Wireless communications provider’s stock worth $42,361,000 after buying an additional 204,081 shares during the period. 99.83% of the stock is owned by institutional investors and hedge funds.

InterDigital Stock Performance

Shares of IDCC opened at $328.25 on Thursday. InterDigital, Inc. has a one year low of $169.58 and a one year high of $412.60. The company has a market cap of $8.45 billion, a PE ratio of 22.15 and a beta of 1.54. The stock has a 50-day moving average of $356.83 and a 200-day moving average of $301.94. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.89 and a quick ratio of 1.89.

InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.14. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The business had revenue of $164.68 million for the quarter, compared to analyst estimates of $153.43 million. During the same quarter in the prior year, the company earned $1.14 earnings per share. The company’s quarterly revenue was up 28.0% on a year-over-year basis. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS. On average, equities research analysts predict that InterDigital, Inc. will post 9.21 EPS for the current fiscal year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th will be given a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $2.80 annualized dividend and a yield of 0.9%. InterDigital’s dividend payout ratio (DPR) is presently 18.89%.

Key Stores Impacting InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks Research nudged up its FY?2025 and Q4?2025 EPS estimates (FY?2025 to $13.59 from $13.53; Q4?2025 to $1.21 from $1.15), a small positive for near?term guidance and the 2025 earnings picture. Zacks / MarketBeat coverage
• Neutral Sentiment: Reported short?interest data shows no meaningful short position (data reads as 0 shares / 0.0 days), indicating short interest is not currently a pull?on?price factor. Short interest report
• Neutral Sentiment: Zacks maintained a “Hold” rating while publishing several estimate adjustments — the unchanged rating tempers any immediate buy/sell pressure compared with an outright upgrade/downgrade. Zacks / MarketBeat coverage
• Negative Sentiment: Zacks cut multiple forward EPS forecasts across FY?2026 and FY?2027 (examples: FY?2026 to $7.39 from $7.58; FY?2027 to $7.94 from $8.20) and trimmed several quarterly estimates — these downward revisions signal weaker expected licensing/royalty trends and often pressure valuation multiples. Zacks estimates update
• Negative Sentiment: Director John A. Kritzmacher disclosed the sale of 1,250 shares at an average $331 on Dec. 23 (SEC Form 4 filed). Insider selling can be interpreted negatively by some investors, particularly given the timing near analyst estimate cuts. SEC Form 4

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. 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 price objective on InterDigital and gave the company a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings restated a “buy (a-)” rating on shares of InterDigital in a research report on Monday. William Blair reiterated an “outperform” rating on shares of InterDigital in a report on Monday, September 22nd. Finally, Roth Capital boosted their price target on InterDigital from $270.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $416.67.

Insider Activity at InterDigital

In other InterDigital news, insider Joshua D. Schmidt sold 466 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $395.63, for a total transaction of $184,363.58. Following the completion of the sale, the insider owned 27,928 shares in the company, valued at approximately $11,049,154.64. The trade was a 1.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John A. Kritzmacher sold 1,250 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $331.00, for a total transaction of $413,750.00. Following the transaction, the director owned 15,815 shares in the company, valued at approximately $5,234,765. The trade was a 7.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 7,466 shares of company stock valued at $2,642,279. 2.80% of the stock is owned by company insiders.

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.