Oppenheimer Asset Management Inc. Takes $1 Million Position in InterDigital, Inc. $IDCC

Posted by George Bondi on Aug 17th, 2026

Oppenheimer Asset Management Inc. acquired a new stake in InterDigital, Inc. (NASDAQ:IDCC – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 3,541 shares of the Wireless communications provider’s stock, valued at approximately $1,003,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IDCC. Price T Rowe Associates Inc. MD increased its holdings in shares of InterDigital by 62.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider’s stock worth $707,477,000 after buying an additional 854,845 shares during the last quarter. Geode Capital Management LLC lifted its holdings in InterDigital by 18.6% in the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider’s stock valued at $251,250,000 after acquiring an additional 123,686 shares during the last quarter. Reinhart Partners LLC. lifted its holdings in InterDigital by 9.0% in the second quarter. Reinhart Partners LLC. now owns 460,404 shares of the Wireless communications provider’s stock valued at $130,359,000 after acquiring an additional 38,115 shares during the last quarter. Invesco Ltd. grew its position in InterDigital by 24.8% in the fourth quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider’s stock worth $143,546,000 after acquiring an additional 89,647 shares during the period. Finally, Norges Bank purchased a new position in InterDigital in the fourth quarter worth approximately $128,918,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on IDCC shares. Weiss Ratings cut InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Zacks Research raised InterDigital from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $416.67.

View Our Latest Report on IDCC

Insider Buying and Selling at InterDigital

In other news, Director John D. Jr. Markley sold 400 shares of InterDigital stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $300.00, for a total value of $120,000.00. Following the completion of the sale, the director directly owned 11,735 shares of the company’s stock, valued at approximately $3,520,500. The trade was a 3.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Rajesh Pankaj sold 1,500 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $324.88, for a total value of $487,320.00. Following the completion of the sale, the chief technology officer owned 66,516 shares in the company, valued at $21,609,718.08. This represents a 2.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 7,672 shares of company stock valued at $2,240,797. Corporate insiders own 3.50% of the company’s stock.

InterDigital Price Performance

InterDigital stock opened at $343.65 on Monday. The company’s 50 day simple moving average is $286.29 and its 200-day simple moving average is $312.10. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.74 and a current ratio of 1.74. InterDigital, Inc. has a 1 year low of $249.14 and a 1 year high of $412.60. The company has a market capitalization of $8.87 billion, a price-to-earnings ratio of 39.64 and a beta of 1.43.

InterDigital (NASDAQ:IDCC – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $143.10 million. During the same quarter last year, the company posted $6.52 EPS. The firm’s quarterly revenue was down 13.4% on a year-over-year basis. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. As a group, equities research analysts expect that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, July 8th. InterDigital’s dividend payout ratio (DPR) is currently 32.30%.

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.