Aubrey Capital Management Ltd Sells 6,300 Shares of InterDigital, Inc. $IDCC

Key Points

• Aubrey Capital Management Ltd cut its InterDigital stake by 26.8% in the fourth quarter, selling 6,300 shares and ending with 17,200 shares valued at about $5.5 million.
• InterDigital reported stronger-than-expected quarterly results, with EPS of $2.57 topping estimates and revenue of $205.4 million also beating forecasts, while issuing Q2 2026 and FY 2026 guidance.
• Analysts remain constructive on the stock: InterDigital has a consensus rating of “Moderate Buy” with a target price of $416.67, though several insiders have also sold shares recently.

Aubrey Capital Management Ltd decreased its position in InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 26.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,200 shares of the Wireless communications provider's stock after selling 6,300 shares during the quarter. InterDigital comprises 2.2% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 11th largest holding. Aubrey Capital Management Ltd owned 0.07% of InterDigital worth $5,475,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IDCC. Root Financial Partners LLC bought a new position in InterDigital during the third quarter valued at about $30,000. Aster Capital Management DIFC Ltd raised its holdings in InterDigital by 186.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider's stock valued at $38,000 after buying an additional 71 shares in the last quarter. Financial Consulate Inc. bought a new stake in InterDigital during the fourth quarter worth approximately $41,000. Spire Wealth Management bought a new stake in InterDigital during the third quarter worth approximately $49,000. Finally, Headlands Technologies LLC boosted its position in InterDigital by 47.9% during the second quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider's stock worth $56,000 after purchasing an additional 81 shares during the period. Institutional investors own 99.83% of the company's stock.

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InterDigital Price Performance

Shares of IDCC stock opened at $279.61 on Monday. InterDigital, Inc. has a 12 month low of $205.78 and a 12 month high of $412.60. The firm has a market cap of $7.23 billion, a PE ratio of 26.33 and a beta of 1.50. The stock has a 50 day moving average of $342.65 and a 200-day moving average of $344.77. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.01.

InterDigital (NASDAQ:IDCC - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.54 by $0.03. InterDigital had a return on equity of 35.25% and a net margin of 44.20%.The company had revenue of $205.42 million during the quarter, compared to analyst estimates of $196.85 million. During the same period in the previous year, the company earned $3.45 earnings per share. The company's quarterly revenue was down 2.4% compared to the same quarter last year. 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 predict 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. Stockholders of record on Wednesday, April 8th were issued a dividend of $0.70 per share. The ex-dividend date was Wednesday, April 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.0%. InterDigital's payout ratio is 26.37%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on IDCC. Roth Mkm reaffirmed a "buy" rating on shares of InterDigital in a research report on Tuesday, January 20th. Wall Street Zen raised InterDigital from a "sell" rating to a "hold" rating in a research report on Saturday, March 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of InterDigital in a research report on Friday, May 1st. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of InterDigital in a research report on Wednesday, March 18th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, InterDigital presently has an average rating of "Moderate Buy" and a consensus target price of $416.67.

Insider Activity at InterDigital

In related news, CFO Richard Brezski sold 6,005 shares of the company's stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $360.80, for a total value of $2,166,604.00. Following the completion of the transaction, the chief financial officer directly owned 72,404 shares in the company, valued at approximately $26,123,363.20. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John D. Jr. Markley sold 700 shares of the company's stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $374.95, for a total value of $262,465.00. Following the completion of the transaction, the director owned 11,223 shares of the company's stock, valued at $4,208,063.85. The trade was a 5.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 17,997 shares of company stock valued at $6,346,194. 2.30% of the stock is owned by corporate insiders.

About InterDigital

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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