InterDigital, Inc. $IDCC Shares Newly Bought by Hohimer Wealth Management LLC

Posted by Francis Steltz on Nov 10th, 2026

Hohimer Wealth Management LLC purchased a new position in InterDigital, Inc. (NASDAQ:IDCC – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,430 shares of the Wireless communications provider’s stock, valued at approximately $1,118,000.

Several other institutional investors have also made changes to their positions in the stock. Keating Financial Advisory Services Inc. purchased a new position in InterDigital during the second quarter valued at approximately $25,000. Anchor Investment Management LLC acquired a new position in InterDigital in the 1st quarter valued at approximately $30,000. Polaris Financial Partners acquired a new position in InterDigital in the 3rd quarter valued at approximately $33,000. Root Financial Partners LLC purchased a new stake in InterDigital in the 3rd quarter worth approximately $39,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in InterDigital in the 3rd quarter worth approximately $64,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.

InterDigital Stock Up 3.1%

IDCC opened at $294.11 on Tuesday. The firm has a market cap of $7.57 billion, a P/E ratio of 32.39 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.90 and a current ratio of 1.90. The business has a 50 day moving average price of $326.92 and a 200 day moving average price of $317.71. InterDigital, Inc. has a twelve month low of $249.14 and a twelve month high of $387.30.

InterDigital (NASDAQ:IDCC – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The Wireless communications provider reported $3.11 EPS for the quarter, beating the consensus estimate of $1.34 by $1.77. InterDigital had a return on equity of 28.34% and a net margin of 38.53%. The company had revenue of $193.43 million for the quarter, compared to the consensus estimate of $152.97 million. During the same quarter last year, the company posted $1.93 earnings per share. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. Research analysts forecast that InterDigital, Inc. will post 10.44 EPS for the current year.

InterDigital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 28th. Investors of record on Wednesday, October 14th were issued a dividend of $0.75 per share. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $3.00 annualized dividend and a dividend yield of 1.0%. This is an increase from InterDigital’s previous quarterly dividend of $0.70. InterDigital’s payout ratio is currently 33.04%.

Insider Activity

In related news, CTO Rajesh Pankaj sold 1,500 shares of the firm’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $307.38, for a total value of $461,070.00. Following the transaction, the chief technology officer directly owned 62,050 shares in the company, valued at approximately $19,072,929. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 4,500 shares of company stock worth $1,469,550. 3.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on IDCC. Zacks Research cut shares of InterDigital from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Weiss Ratings lowered InterDigital from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, October 30th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, InterDigital has an average rating of “Moderate Buy” and an average price target of $425.00.

View Our Latest Report on InterDigital

About InterDigital

(Free Report)

InterDigital, Inc is a technology research and development company whose work focuses on wireless communications, video and related digital technologies. Rather than selling consumer devices, the company develops technology and licenses its intellectual property to companies that make and use connected products and services.

Its research spans cellular communications, including technologies used in 4G and 5G networks, as well as Wi-Fi, video compression and other areas. InterDigital holds patents covering technologies incorporated into industry standards and licenses its portfolio to companies around the world.

Founded in 1972, InterDigital is headquartered in Wilmington, Delaware.