Q1 EPS Estimates for InterDigital Lifted by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Stock analysts at Zacks Research lifted their Q1 2026 EPS estimates for InterDigital in a research note issued to investors on Tuesday, June 3rd. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will earn $1.72 per share for the quarter, up from their previous forecast of $1.70. The consensus estimate for InterDigital's current full-year earnings is $9.21 per share.

InterDigital Stock Up 0.4%

IDCC traded up $0.80 during trading on Thursday, hitting $227.31. The company had a trading volume of 240,021 shares, compared to its average volume of 387,606. The company has a market cap of $5.90 billion, a PE ratio of 18.88, a P/E/G ratio of 1.57 and a beta of 1.37. The business has a 50-day moving average of $206.82 and a 200-day moving average of $201.65. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.70. InterDigital has a 1-year low of $114.42 and a 1-year high of $231.97.

Institutional Trading of InterDigital

Institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC raised its holdings in shares of InterDigital by 504.5% during the fourth quarter. Global Retirement Partners LLC now owns 133 shares of the Wireless communications provider's stock worth $26,000 after purchasing an additional 111 shares during the period. Elequin Capital LP acquired a new stake in shares of InterDigital during the fourth quarter worth $29,000. Wayfinding Financial LLC acquired a new stake in shares of InterDigital during the first quarter worth $32,000. Headlands Technologies LLC acquired a new stake in shares of InterDigital during the first quarter worth $35,000. Finally, Banque Transatlantique SA acquired a new stake in shares of InterDigital in the 1st quarter worth about $33,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at InterDigital

In other InterDigital news, CTO Rajesh Pankaj sold 700 shares of the stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $218.08, for a total transaction of $152,656.00. Following the sale, the chief technology officer now directly owns 71,606 shares of the company's stock, valued at approximately $15,615,836.48. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joshua D. Schmidt sold 1,781 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $218.00, for a total transaction of $388,258.00. Following the sale, the insider now directly owns 24,395 shares in the company, valued at $5,318,110. This trade represents a 6.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,181 shares of company stock valued at $667,635 over the last ninety days. Corporate insiders own 2.80% of the company's stock.

About InterDigital

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.