Future Fund LLC Buys 2,324 Shares of InterDigital, Inc. $IDCC

Future Fund LLC lifted its stake in InterDigital, Inc. (NASDAQ:IDCC) by 40.8% during the fourth quarter, Holdings Channel reports. The fund owned 8,015 shares of the Wireless communications provider’s stock after acquiring an additional 2,324 shares during the quarter. Future Fund LLC’s holdings in InterDigital were worth $2,552,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Aster Capital Management DIFC Ltd raised its stake in shares of InterDigital by 186.8% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 71 shares in the last quarter. Leonteq Securities AG bought a new position in shares of InterDigital in the 4th quarter valued at approximately $35,000. Financial Consulate Inc. bought a new position in shares of InterDigital in the 4th quarter valued at approximately $41,000. Hantz Financial Services Inc. raised its stake in shares of InterDigital by 219.0% in the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock valued at $43,000 after acquiring an additional 92 shares in the last quarter. Finally, Clearstead Advisors LLC raised its stake in shares of InterDigital by 52.3% in the 4th quarter. Clearstead Advisors LLC now owns 198 shares of the Wireless communications provider’s stock valued at $63,000 after acquiring an additional 68 shares in the last quarter. 99.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on IDCC shares. Weiss Ratings reissued a “buy (b)” rating on shares of InterDigital in a research note on Friday, May 1st. Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of InterDigital in a research report on Wednesday, March 18th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $416.67.

InterDigital Stock Performance

Shares of NASDAQ IDCC opened at $252.09 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $310.17 and its two-hundred day moving average is $332.19. The company has a market cap of $6.51 billion, a P/E ratio of 23.74 and a beta of 1.50. InterDigital, Inc. has a 12 month low of $210.88 and a 12 month high of $412.60.

InterDigital (NASDAQ:IDCC) last issued its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.54 by $0.03. The company had revenue of $205.42 million for the quarter, compared to the consensus estimate of $196.85 million. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the previous year, the business posted $3.45 EPS. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. On average, equities analysts expect that InterDigital, Inc. will post 7.59 EPS for the current year.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, April 8th. InterDigital’s payout ratio is currently 26.37%.

Insider Activity at InterDigital

In other InterDigital news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $313.30, for a total value of $469,950.00. Following the transaction, the chief technology officer directly owned 72,449 shares of the company’s stock, valued at $22,698,271.70. The trade was a 2.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of InterDigital stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total value of $2,089,260.00. Following the completion of the transaction, the insider directly owned 25,889 shares in the company, valued at approximately $9,014,808.69. This represents a 18.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 8,500 shares of company stock worth $2,927,310. Company insiders own 2.80% of the company’s stock.

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.