BI Asset Management Fondsmaeglerselskab A S Cuts Stock Holdings in InterDigital, Inc. $IDCC

Key Points

• BI Asset Management Fondsmaeglerselskab A S cut its InterDigital stake by 28% in the fourth quarter, selling 22,252 shares and ending with 57,097 shares valued at about $18.2 million.
• InterDigital reported stronger-than-expected quarterly results, posting $2.57 EPS on revenue of $205.4 million and raising guidance for Q2 2026 and FY 2026, even though revenue fell 2.4% year over year.
• Insider selling and mixed analyst signals were also notable, with Joshua D. Schmidt and CTO Rajesh Pankaj both selling shares, while analysts maintain a consensus Moderate Buy rating and an average price target of $416.67.

BI Asset Management Fondsmaeglerselskab A S trimmed its holdings in shares of InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 28.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,097 shares of the Wireless communications provider's stock after selling 22,252 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned about 0.22% of InterDigital worth $18,179,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Leonteq Securities AG bought a new position in shares of InterDigital during the fourth quarter valued at about $35,000. Aster Capital Management DIFC Ltd raised its stake in InterDigital by 186.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider's stock worth $38,000 after buying an additional 71 shares in the last quarter. Financial Consulate Inc. bought a new position in InterDigital in the fourth quarter worth about $41,000. Hantz Financial Services Inc. raised its stake in InterDigital by 219.0% in the fourth quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider's stock worth $43,000 after buying an additional 92 shares in the last quarter. Finally, Headlands Technologies LLC raised its stake in InterDigital by 47.9% in the second quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider's stock worth $56,000 after buying an additional 81 shares in the last quarter. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on IDCC shares. Weiss Ratings restated a "buy (b)" rating on shares of InterDigital in a report on Friday, May 1st. Wall Street Zen upgraded shares of InterDigital from a "sell" rating to a "hold" rating in a report on Saturday, March 7th. Finally, Jefferies Financial Group restated a "buy" rating on shares of InterDigital in a report on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $416.67.

Insider Buying and Selling

In other InterDigital news, insider Joshua D. Schmidt sold 6,000 shares of the company's stock in a transaction that occurred on 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 owned 25,889 shares in the company, valued at approximately $9,014,808.69. This represents a 18.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Rajesh Pankaj sold 1,500 shares of the company's stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $313.30, for a total transaction of $469,950.00. Following the transaction, the chief technology officer owned 72,449 shares in the company, valued at $22,698,271.70. The trade was a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.80% of the company's stock.

InterDigital News Summary

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks Research raised near-term and medium-term earnings estimates, including FY2026, FY2027, Q4 2026, Q1 2027, Q3 2027, and Q4 2027, which suggests improving profit expectations for InterDigital.
• Neutral Sentiment: One report from The Globe and Mail highlighted broader analyst commentary on InterDigital, but it did not include any major new company-specific catalyst beyond the earnings estimate updates. Article Title
• Negative Sentiment: Analysts also trimmed a couple of longer-dated forecasts, including Q3 2026, Q1 2028, and FY2028 EPS, signaling some caution about later-period growth.

InterDigital Trading Down 0.2%

NASDAQ:IDCC opened at $260.64 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market cap of $6.73 billion, a P/E ratio of 24.54 and a beta of 1.43. The firm has a 50-day simple moving average of $303.95 and a 200-day simple moving average of $328.77. InterDigital, Inc. has a one year low of $213.06 and a one year high of $412.60.

InterDigital (NASDAQ:IDCC - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $205.42 million during the quarter, compared to analyst estimates of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. InterDigital's revenue was down 2.4% on a year-over-year basis. During the same quarter 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. Equities analysts anticipate that InterDigital, Inc. will post 7.41 EPS for the current fiscal year.

InterDigital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th were paid 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 yield of 1.1%. InterDigital's dividend payout ratio is presently 26.37%.

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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