InterDigital, Inc. (NASDAQ:IDCC) Shares Bought by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. increased its position in shares of InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 612,851 shares of the Wireless communications provider's stock after buying an additional 21,319 shares during the period. Fuller & Thaler Asset Management Inc. owned about 2.42% of InterDigital worth $118,722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IDCC. Global Retirement Partners LLC increased its position in InterDigital by 504.5% during the 4th quarter. Global Retirement Partners LLC now owns 133 shares of the Wireless communications provider's stock valued at $26,000 after purchasing an additional 111 shares during the period. Prudent Man Investment Management Inc. purchased a new position in InterDigital during the fourth quarter valued at approximately $39,000. Mendota Financial Group LLC raised its stake in InterDigital by 14,500.0% in the fourth quarter. Mendota Financial Group LLC now owns 292 shares of the Wireless communications provider's stock worth $57,000 after buying an additional 290 shares in the last quarter. R Squared Ltd purchased a new stake in InterDigital during the fourth quarter worth $70,000. Finally, Transce3nd LLC purchased a new stake in InterDigital during the fourth quarter worth $110,000. 99.83% of the stock is currently owned by institutional investors.

Insider Buying and Selling at InterDigital

In other news, CTO Rajesh Pankaj sold 700 shares of the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $185.00, for a total transaction of $129,500.00. Following the transaction, the chief technology officer now directly owns 52,396 shares of the company's stock, valued at approximately $9,693,260. This represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Richard Brezski sold 9,602 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $215.21, for a total value of $2,066,446.42. Following the sale, the chief financial officer now owns 102,555 shares of the company's stock, valued at approximately $22,070,861.55. This represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,833 shares of company stock valued at $2,938,660. 2.30% of the stock is currently owned by insiders.

InterDigital Stock Up 0.0 %

Shares of NASDAQ:IDCC traded up $0.00 on Monday, reaching $193.75. The company had a trading volume of 72,393 shares, compared to its average volume of 408,876. The firm has a market capitalization of $4.98 billion, a PE ratio of 16.11, a PEG ratio of 1.57 and a beta of 1.44. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.02. InterDigital, Inc. has a 52-week low of $97.51 and a 52-week high of $231.97. The firm's 50 day simple moving average is $206.51 and its 200-day simple moving average is $191.55.

InterDigital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th were issued a $0.60 dividend. The ex-dividend date was Wednesday, April 9th. This is an increase from InterDigital's previous quarterly dividend of $0.45. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. InterDigital's payout ratio is currently 19.93%.

InterDigital Profile

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.