Bernardo Wealth Planning LLC Takes $1.23 Million Position in InterDigital, Inc. $IDCC

Key Points

• Bernardo Wealth Planning LLC acquired a new stake of 3,862 shares in InterDigital in Q4 valued at approximately $1.23 million, adding to a register where institutional investors own about 99.83% of the stock.
• Insiders have been net sellers recently—selling 27,930 shares worth about $9.53 million in the past three months (notably the CTO and CFO), leaving insiders with roughly 2.30% ownership.
• Analysts rate the stock a Moderate Buy (four Buys, one Hold) with an average target of $416.67; InterDigital beat Q4 EPS estimates ($2.12 vs. $1.65) but reported a 37.4% YoY revenue decline and declared a $0.70 quarterly dividend (0.8% yield).

Bernardo Wealth Planning LLC acquired a new stake in InterDigital, Inc. (NASDAQ:IDCC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,862 shares of the Wireless communications provider's stock, valued at approximately $1,230,000.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of InterDigital in the 3rd quarter valued at approximately $30,000. Aster Capital Management DIFC Ltd lifted its stake in shares of InterDigital by 186.8% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider's stock worth $38,000 after acquiring an additional 71 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of InterDigital during the 4th quarter worth approximately $41,000. Spire Wealth Management bought a new stake in shares of InterDigital during the 3rd quarter worth approximately $49,000. Finally, Salomon & Ludwin LLC bought a new stake in shares of InterDigital during the 3rd quarter worth approximately $59,000. 99.83% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CTO Rajesh Pankaj sold 1,500 shares of InterDigital stock in a transaction 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 in the company, valued at approximately $22,698,271.70. This trade represents a 2.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Brezski sold 6,005 shares of InterDigital stock in a transaction on Tuesday, February 10th. The shares were 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 owned 72,404 shares in the company, valued at $26,123,363.20. This represents a 7.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 27,930 shares of company stock worth $9,528,129. Insiders own 2.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on IDCC shares. Wall Street Zen raised InterDigital from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Roth Mkm reissued a "buy" rating on shares of InterDigital in a research note on Tuesday, January 20th. Weiss Ratings lowered InterDigital from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Monday, December 29th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of InterDigital in a research note on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $416.67.

InterDigital Trading Up 0.1%

IDCC opened at $352.32 on Wednesday. The stock's fifty day moving average is $346.80 and its two-hundred day moving average is $345.46. The company has a market capitalization of $9.05 billion, a P/E ratio of 29.53 and a beta of 1.66. InterDigital, Inc. has a 52 week low of $181.05 and a 52 week high of $412.60. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.01.

InterDigital (NASDAQ:IDCC - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The Wireless communications provider reported $2.12 EPS for the quarter, topping the consensus estimate of $1.65 by $0.47. The company had revenue of $158.23 million for the quarter, compared to the consensus estimate of $155.57 million. InterDigital had a return on equity of 41.09% and a net margin of 48.76%.InterDigital's quarterly revenue was down 37.4% on a year-over-year basis. During the same period last year, the business posted $5.15 EPS. InterDigital has set its Q1 2026 guidance at 2.390-2.680 EPS. Analysts forecast that InterDigital, Inc. will post 9.21 earnings per share for the current year.

InterDigital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be issued a $0.70 dividend. The ex-dividend date is Wednesday, April 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.8%. InterDigital's dividend payout ratio (DPR) is currently 23.47%.

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.

Want to see what other hedge funds are holding IDCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InterDigital, Inc. (NASDAQ:IDCC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.