InterDigital, Inc. $IDCC Stock Purchased by Bernardo Wealth Planning LLC

Key Points

• Bernardo Wealth Planning LLC nearly doubled its InterDigital stake during the third quarter, purchasing 3,776 additional shares for a total of 7,560 shares valued at approximately $2.47 million.
• Institutional investors own 99.83% of InterDigital’s stock. Analyst sentiment remains a “Moderate Buy,” although Zacks downgraded the shares to “Hold” and lowered its 2026–2028 earnings forecasts.
• InterDigital reported quarterly EPS of $4.62, well above the $0.90 consensus estimate, and increased its quarterly dividend from $0.70 to $0.75 per share, equivalent to a 0.9% annualized yield.

Bernardo Wealth Planning LLC increased its stake in InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 99.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,560 shares of the Wireless communications provider's stock after buying an additional 3,776 shares during the period. Bernardo Wealth Planning LLC's holdings in InterDigital were worth $2,465,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keybank National Association OH increased its holdings in shares of InterDigital by 4.5% during the first quarter. Keybank National Association OH now owns 704 shares of the Wireless communications provider's stock valued at $213,000 after acquiring an additional 30 shares in the last quarter. GAMMA Investing LLC raised its position in shares of InterDigital by 1.9% in the 3rd quarter. GAMMA Investing LLC now owns 2,081 shares of the Wireless communications provider's stock worth $679,000 after purchasing an additional 38 shares during the last quarter. IFP Advisors Inc raised its position in shares of InterDigital by 3.7% in the 2nd quarter. IFP Advisors Inc now owns 1,292 shares of the Wireless communications provider's stock worth $366,000 after purchasing an additional 46 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of InterDigital by 4.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 1,243 shares of the Wireless communications provider's stock worth $405,000 after purchasing an additional 51 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in InterDigital by 1.0% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,436 shares of the Wireless communications provider's stock worth $1,944,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 99.83% of the company's stock.

Trending Headlines about InterDigital

Here are the key news stories impacting InterDigital this week:

• Positive Sentiment: Zacks maintained a “Hold” rating rather than issuing a Sell rating, while its estimates still imply substantial earnings ahead: $9.38 per share for fiscal 2026, $8.55 for fiscal 2027 and $10.66 for fiscal 2028.
• Neutral Sentiment: The revisions were relatively small but broad-based. Zacks now expects $1.62 EPS in Q3 2026, $1.54 in Q4 2026, $2.02 in Q1 2027, $1.98 in Q2 2027, $2.18 in Q3 2027, $2.36 in Q4 2027, and $2.37, $2.62 and $2.88 in the first three quarters of 2028, respectively. The current-year consensus remains $9.42 per share.
• Negative Sentiment: Zacks cut its forecasts across every reported period: fiscal 2026 EPS fell to $9.38 from $9.45, fiscal 2027 to $8.55 from $8.65, and fiscal 2028 to $10.66 from $10.78. Quarterly estimates were also reduced, including Q4 2026 to $1.54 from $1.59 and Q3 2028 to $2.88 from $2.91. The widespread cuts may be weighing on sentiment, particularly with InterDigital trading at a relatively elevated valuation of about 38 times earnings.

Analyst Upgrades and Downgrades

IDCC has been the topic of several recent analyst reports. Weiss Ratings raised shares of InterDigital from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Zacks Research lowered shares of InterDigital from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 19th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, InterDigital presently has a consensus rating of "Moderate Buy" and a consensus price target of $450.00.

Insiders Place Their Bets

In other news, CTO Rajesh Pankaj sold 1,500 shares of the firm's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $324.88, for a total value of $487,320.00. Following the transaction, the chief technology officer directly owned 66,516 shares in the company, valued at $21,609,718.08. This trade represents a 2.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joan Gillman sold 300 shares of InterDigital stock in a transaction on Friday, August 7th. The stock was sold at an average price of $331.06, for a total value of $99,318.00. Following the completion of the sale, the director directly owned 22,736 shares of the company's stock, valued at $7,526,980.16. The trade was a 1.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 4,800 shares of company stock worth $1,595,118. Company insiders own 3.50% of the company's stock.

InterDigital Trading Down 1.4%

InterDigital stock opened at $327.28 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. InterDigital, Inc. has a one year low of $249.14 and a one year high of $412.60. The stock has a market capitalization of $8.45 billion, a PE ratio of 37.75 and a beta of 1.43. The business's fifty day moving average is $333.50 and its 200 day moving average is $308.09.

InterDigital (NASDAQ:IDCC - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $3.72. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The firm had revenue of $260.17 million for the quarter, compared to the consensus estimate of $143.10 million. During the same quarter last year, the firm posted $6.52 EPS. The business's quarterly revenue was down 13.4% compared to the same quarter last year. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. On average, sell-side analysts predict that InterDigital, Inc. will post 9.39 EPS for the current year.

InterDigital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 14th will be paid a $0.75 dividend. This is an increase from InterDigital's previous quarterly dividend of $0.70. The ex-dividend date is Wednesday, October 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.9%. InterDigital's dividend payout ratio (DPR) is 34.60%.

InterDigital Profile

InterDigital, Inc is a technology research and development company that creates advanced wireless, video and related connectivity technologies. Its work supports communications across cellular networks, including 4G and 5G, as well as Wi-Fi, the Internet of Things and other connected devices.

The company's primary business is developing intellectual property and licensing its patented technologies to manufacturers and other industry participants. Its portfolio includes innovations related to wireless communications, radio access networks, signal processing, video compression and delivery, and connected-device functionality.

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