Q1 EPS Estimates for InterDigital Boosted by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Zacks Research boosted their Q1 2026 earnings estimates for shares of InterDigital in a report released on Tuesday, June 3rd. Zacks Research analyst R. Department now expects that the Wireless communications provider will earn $1.72 per share for the quarter, up from their prior estimate of $1.70. The consensus estimate for InterDigital's current full-year earnings is $9.21 per share.

InterDigital Trading Up 0.4%

NASDAQ:IDCC traded up $0.80 during trading hours on Thursday, reaching $227.31. The company's stock had a trading volume of 240,021 shares, compared to its average volume of 386,759. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 18.88, a PEG ratio of 1.57 and a beta of 1.37. The firm has a 50-day simple moving average of $206.37 and a 200-day simple moving average of $201.08. InterDigital has a 1 year low of $114.42 and a 1 year high of $231.97.

Insider Buying and Selling at InterDigital

In other InterDigital news, insider Joshua D. Schmidt sold 1,781 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $218.00, for a total value of $388,258.00. Following the completion of the sale, the insider now owns 24,395 shares in the company, valued at approximately $5,318,110. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Rajesh Pankaj sold 700 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $218.08, for a total transaction of $152,656.00. Following the completion of the transaction, the chief technology officer now owns 71,606 shares in the company, valued at $15,615,836.48. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,181 shares of company stock worth $667,635 over the last three months. Company insiders own 2.80% of the company's stock.

Institutional Investors Weigh In On InterDigital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its position in shares of InterDigital by 1.8% in the fourth quarter. Russell Investments Group Ltd. now owns 2,932 shares of the Wireless communications provider's stock valued at $568,000 after acquiring an additional 51 shares during the period. Oppenheimer Asset Management Inc. increased its position in InterDigital by 3.2% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 1,914 shares of the Wireless communications provider's stock valued at $396,000 after purchasing an additional 59 shares during the period. Leavell Investment Management Inc. raised its stake in InterDigital by 3.4% in the first quarter. Leavell Investment Management Inc. now owns 1,844 shares of the Wireless communications provider's stock worth $381,000 after buying an additional 60 shares in the last quarter. Savant Capital LLC lifted its holdings in InterDigital by 2.8% in the fourth quarter. Savant Capital LLC now owns 2,379 shares of the Wireless communications provider's stock worth $461,000 after buying an additional 64 shares during the period. Finally, Flagship Harbor Advisors LLC boosted its position in InterDigital by 4.3% during the 1st quarter. Flagship Harbor Advisors LLC now owns 1,821 shares of the Wireless communications provider's stock valued at $377,000 after acquiring an additional 75 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors.

InterDigital Company 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.