InterDigital Q1 EPS Estimate Decreased by Zacks Research

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

InterDigital Stock Up 2.3 %

IDCC stock opened at $195.70 on Monday. InterDigital has a one year low of $95.36 and a one year high of $231.97. The stock has a market capitalization of $5.03 billion, a P/E ratio of 16.25, a PEG ratio of 1.57 and a beta of 1.44. The company has a 50 day moving average price of $207.54 and a two-hundred day moving average price of $185.92. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.70 and a current ratio of 1.70.

Institutional Investors Weigh In On InterDigital

Several institutional investors and hedge funds have recently added to or reduced their stakes in IDCC. Congress Asset Management Co. purchased a new stake in shares of InterDigital during the 4th quarter worth about $62,583,000. GAMMA Investing LLC grew its stake in InterDigital by 31,724.6% during the first quarter. GAMMA Investing LLC now owns 299,788 shares of the Wireless communications provider’s stock worth $619,810,000 after buying an additional 298,846 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of InterDigital by 1,451.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 299,326 shares of the Wireless communications provider’s stock valued at $57,986,000 after acquiring an additional 280,030 shares during the period. Reinhart Partners LLC. lifted its holdings in shares of InterDigital by 83.8% during the 4th quarter. Reinhart Partners LLC. now owns 360,238 shares of the Wireless communications provider’s stock valued at $69,785,000 after acquiring an additional 164,223 shares in the last quarter. Finally, Millennium Management LLC boosted its position in InterDigital by 3,962.5% during the 4th quarter. Millennium Management LLC now owns 128,780 shares of the Wireless communications provider’s stock worth $24,947,000 after purchasing an additional 125,610 shares during the period. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CTO Rajesh Pankaj sold 700 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $218.08, for a total transaction of $152,656.00. Following the completion of the transaction, the chief technology officer now owns 71,606 shares of the company’s stock, valued at approximately $15,615,836.48. This represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Richard Brezski sold 9,602 shares of InterDigital stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $215.21, for a total transaction of $2,066,446.42. Following the completion of the transaction, the chief financial officer now owns 102,555 shares in the company, valued at approximately $22,070,861.55. This trade represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,833 shares of company stock worth $2,938,660. 2.30% of the stock is owned by company insiders.

InterDigital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 9th will be paid a $0.60 dividend. This is a positive change from InterDigital’s previous quarterly dividend of $0.45. This represents a $2.40 annualized dividend and a yield of 1.23%. The ex-dividend date 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.