1900 Wealth Management LLC Makes New Investment in InterDigital, Inc. $IDCC

Key Points

• 1900 Wealth Management bought a new stake of 45,036 shares of InterDigital (NASDAQ:IDCC) in Q4, valued at about $14.34 million, representing ~0.17% of InterDigital and ~0.9% of 1900's holdings (its 15th-largest position).
• Earnings and outlook: InterDigital reported $2.12 EPS versus $1.65 consensus (net margin 48.8%) despite revenue down 37.4% YoY, set Q1 2026 guidance of $2.39–$2.68 EPS, and carries a MarketBeat consensus of "Moderate Buy" with a $416.67 target and an average annual EPS forecast of 9.21.
• Dividend and insider activity: the company declared a $0.70 quarterly dividend ($2.80 annualized, 0.9% yield; ex-dividend Apr 8, payable Apr 22), while insiders sold ~45,363 shares (~$15.23M) in the last quarter and currently own 2.8% of the stock.

1900 Wealth Management LLC acquired a new stake in shares of InterDigital, Inc. (NASDAQ:IDCC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 45,036 shares of the Wireless communications provider's stock, valued at approximately $14,339,000. InterDigital makes up about 0.9% of 1900 Wealth Management LLC's holdings, making the stock its 15th biggest position. 1900 Wealth Management LLC owned about 0.17% of InterDigital as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of IDCC. Wedge Capital Management L L P NC purchased a new stake in InterDigital during the third quarter valued at $67,282,000. Vontobel Holding Ltd. grew its stake in shares of InterDigital by 144.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 12,043 shares of the Wireless communications provider's stock worth $4,158,000 after buying an additional 7,113 shares in the last quarter. Empirical Asset Management LLC bought a new stake in shares of InterDigital in the 3rd quarter worth about $1,076,000. Inceptionr LLC bought a new stake in shares of InterDigital in the 3rd quarter worth about $1,101,000. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of InterDigital during the 3rd quarter valued at about $3,342,000. Institutional investors own 99.83% of the company's stock.

InterDigital Stock Performance

IDCC stock opened at $312.93 on Friday. InterDigital, Inc. has a 12 month low of $180.60 and a 12 month high of $412.60. The firm's 50-day moving average is $345.30 and its 200 day moving average is $345.31. The company has a market capitalization of $8.04 billion, a PE ratio of 26.23 and a beta of 1.66. 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 - Get Free Report) last issued its earnings results on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.47. InterDigital had a net margin of 48.76% and a return on equity of 41.09%. The business had revenue of $158.23 million for the quarter, compared to the consensus estimate of $155.57 million. During the same period in the prior year, the firm earned $5.15 EPS. The company's revenue for the quarter 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, research analysts anticipate that InterDigital, Inc. will post 9.21 EPS for the current year.

InterDigital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 8th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, April 8th. InterDigital's payout ratio is presently 23.47%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Roth Mkm reiterated a "buy" rating on shares of InterDigital in a research report on Tuesday, January 20th. Jefferies Financial Group restated a "buy" rating on shares of InterDigital in a research report on Wednesday, March 18th. Wall Street Zen raised InterDigital from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, Weiss Ratings cut InterDigital from a "buy (a-)" rating to a "buy (b+)" rating in a report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $416.67.

Insider Buying and Selling

In other InterDigital news, insider Joshua D. Schmidt sold 6,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the transaction, the insider directly owned 25,889 shares in the company, valued at $9,014,808.69. This represents a 18.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joan H. Gillman sold 325 shares of the firm's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $352.24, for a total transaction of $114,478.00. Following the transaction, the director directly owned 22,036 shares in the company, valued at $7,761,960.64. This trade represents a 1.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 45,363 shares of company stock valued at $15,231,706 over the last quarter. 2.80% of the stock is owned by company insiders.

InterDigital Company 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.

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