Pacer Advisors Inc. Grows Stock Position in InterDigital, Inc. $IDCC

Posted by George Bondi on Jun 20th, 2026

Pacer Advisors Inc. grew its holdings in InterDigital, Inc. (NASDAQ:IDCC – Free Report) by 2,700.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 68,659 shares of the Wireless communications provider’s stock after buying an additional 66,207 shares during the period. Pacer Advisors Inc.’s holdings in InterDigital were worth $21,860,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kemnay Advisory Services Inc. purchased a new position in InterDigital during the fourth quarter worth about $26,000. Aster Capital Management DIFC Ltd raised its stake in shares of InterDigital by 186.8% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 109 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 71 shares during the period. Leonteq Securities AG acquired a new position in shares of InterDigital in the 4th quarter worth approximately $35,000. Financial Consulate Inc. acquired a new position in InterDigital during the fourth quarter worth $41,000. Finally, Hantz Financial Services Inc. lifted its stake in InterDigital by 219.0% during the 4th quarter. Hantz Financial Services Inc. now owns 134 shares of the Wireless communications provider’s stock worth $43,000 after acquiring an additional 92 shares in the last quarter. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

InterDigital Stock Performance

Shares of IDCC opened at $296.04 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The firm has a market cap of $7.65 billion, a PE ratio of 27.88 and a beta of 1.43. InterDigital, Inc. has a 12-month low of $213.06 and a 12-month high of $412.60. The company’s 50 day simple moving average is $297.49 and its 200-day simple moving average is $324.11.

InterDigital (NASDAQ:IDCC – Get Free Report) last announced its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.54 by $0.03. The business had revenue of $205.42 million during the quarter, compared to analysts’ expectations of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The business’s revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.45 earnings per share. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. As a group, equities analysts predict that InterDigital, Inc. will post 7.41 EPS for the current year.

InterDigital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, July 8th. This represents a $2.80 dividend on an annualized basis and a yield of 0.9%. InterDigital’s dividend payout ratio is presently 26.37%.

Analysts Set New Price Targets

IDCC has been the subject of several recent research reports. Weiss Ratings cut shares of InterDigital from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Wall Street Zen raised InterDigital from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Jefferies Financial Group restated a “buy” rating on shares of InterDigital in a research note on Wednesday, March 18th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.

Check Out Our Latest Stock Analysis on IDCC

Insider Activity

In other news, CTO Rajesh Pankaj sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $313.30, for a total value of $469,950.00. Following the completion of the sale, the chief technology officer directly owned 72,449 shares of the company’s stock, valued at $22,698,271.70. This trade represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean F. Rankin sold 365 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $100,973.60. Following the transaction, the director directly owned 28,938 shares in the company, valued at $8,005,408.32. This represents a 1.25% 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. Insiders sold a total of 5,472 shares of company stock valued at $1,575,109 over the last ninety days. 3.50% of the stock is currently owned by company insiders.

About InterDigital

(Free Report)

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.