Northwestern Mutual Wealth Management Co. Acquires New Position in InterDigital, Inc. $IDCC

Posted by Stanley Muller on Aug 27th, 2026

Northwestern Mutual Wealth Management Co. purchased a new stake in shares of InterDigital, Inc. (NASDAQ:IDCC – Free Report) in the second quarter, HoldingsChannel.com reports. The fund purchased 1,585 shares of the Wireless communications provider’s stock, valued at approximately $449,000.

Several other institutional investors have also modified their holdings of the company. Evolve Private Wealth LLC acquired a new position in InterDigital during the second quarter worth $1,261,000. Farringdon Capital Ltd. acquired a new position in shares of InterDigital during the 2nd quarter worth $210,000. Emerald Investment Advisers LLC purchased a new stake in shares of InterDigital in the second quarter valued at about $6,829,000. Keating Financial Advisory Services Inc. acquired a new stake in InterDigital during the 2nd quarter valued at $25,000. Finally, Allworth Financial LP purchased a new stake in InterDigital during the 2nd quarter worth about $95,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

InterDigital Trading Down 0.4%

Shares of IDCC stock opened at $344.32 on Thursday. The firm’s 50-day simple moving average is $297.39 and its 200-day simple moving average is $312.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.74. InterDigital, Inc. has a 1-year low of $249.14 and a 1-year high of $412.60. The firm has a market cap of $8.89 billion, a P/E ratio of 39.71 and a beta of 1.43.

InterDigital (NASDAQ:IDCC – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The Wireless communications provider reported $4.62 EPS for the quarter, topping the consensus estimate of $0.90 by $3.72. The company had revenue of $260.17 million during the quarter, compared to analyst estimates of $143.10 million. InterDigital had a return on equity of 28.17% and a net margin of 38.32%.The firm’s revenue was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $6.52 earnings per share. 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 analysts forecast that InterDigital, Inc. will post 10.22 EPS for the current year.

InterDigital Announces Dividend

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

Insider Activity

In other InterDigital news, Director Derek K. Aberle sold 522 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total transaction of $144,406.08. Following the transaction, the director owned 7,620 shares in the company, valued at $2,107,996.80. The trade was a 6.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 directly owned 4,608 shares of the company’s stock, valued at $1,274,757.12. The trade was a 9.26% 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 7,672 shares of company stock worth $2,240,797 in the last quarter. Insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

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

Get Our Latest Analysis on IDCC

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.