NewEdge Wealth LLC Takes $4.90 Million Position in InterDigital, Inc. $IDCC

Posted by George Bondi on Aug 20th, 2026

NewEdge Wealth LLC purchased a new position in shares of InterDigital, Inc. (NASDAQ:IDCC – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 17,298 shares of the Wireless communications provider’s stock, valued at approximately $4,898,000. NewEdge Wealth LLC owned about 0.07% of InterDigital at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pictet Asset Management Holding SA raised its stake in shares of InterDigital by 293.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 14,098 shares of the Wireless communications provider’s stock worth $4,489,000 after acquiring an additional 10,515 shares during the last quarter. Reinhart Partners LLC. lifted its position in shares of InterDigital by 9.0% during the second quarter. Reinhart Partners LLC. now owns 460,404 shares of the Wireless communications provider’s stock worth $130,359,000 after purchasing an additional 38,115 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of InterDigital by 4.6% during the fourth quarter. Principal Financial Group Inc. now owns 146,320 shares of the Wireless communications provider’s stock valued at $46,585,000 after purchasing an additional 6,494 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of InterDigital during the fourth quarter valued at approximately $1,852,000. Finally, Intech Investment Management LLC increased its holdings in shares of InterDigital by 39.9% in the fourth quarter. Intech Investment Management LLC now owns 25,678 shares of the Wireless communications provider’s stock valued at $8,175,000 after purchasing an additional 7,319 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

InterDigital Stock Up 2.7%

Shares of NASDAQ:IDCC opened at $344.86 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 39.78 and a beta of 1.43. The company has a 50 day moving average of $291.53 and a 200-day moving average of $312.33. InterDigital, Inc. has a one year low of $249.14 and a one year high of $412.60.

InterDigital (NASDAQ:IDCC – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The Wireless communications provider reported $4.62 earnings per share for the quarter, beating the consensus estimate of $0.90 by $3.72. InterDigital had a net margin of 38.32% and a return on equity of 28.17%. The business had revenue of $260.17 million for the quarter, compared to analyst estimates of $143.10 million. During the same period in the prior year, the business posted $6.52 earnings per share. InterDigital’s revenue was down 13.4% compared to the same quarter last year. InterDigital has set its FY 2026 guidance at 10.850-12.810 EPS and its Q3 2026 guidance at 1.940-2.130 EPS. On average, sell-side analysts forecast that InterDigital, Inc. will post 7.41 earnings per share for the current year.

InterDigital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.8%. InterDigital’s dividend payout ratio is 32.30%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of InterDigital from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Weiss Ratings lowered InterDigital from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $416.67.

View Our Latest Stock Report on IDCC

Insider Buying and Selling

In related news, Director Samir Armaly sold 470 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $130,020.80. Following the completion of the sale, the director owned 4,608 shares in the company, valued at approximately $1,274,757.12. This represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John D. Jr. Markley sold 400 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $300.00, for a total value of $120,000.00. Following the completion of the sale, the director owned 11,735 shares of the company’s stock, valued at $3,520,500. This represents a 3.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,672 shares of company stock worth $2,240,797 over the last 90 days. 3.50% of the stock is currently owned by corporate insiders.

InterDigital Profile

(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.