InterDigitalIDCC
About: InterDigital Inc is a research and development company focused on wireless, video, Artificial Intelligence and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the China.
Employees: 450
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
232% more call options, than puts
Call options by funds: $154M | Put options by funds: $46.4M
33% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 8 (+2) [Q2]
10% more capital invested
Capital invested by funds: $2.75B [Q1] → $3.03B (+$284M) [Q2]
1.64% more ownership
Funds ownership: 101.43% [Q1] → 103.07% (+1.64%) [Q2]
1% less funds holding
Funds holding: 345 [Q1] → 342 (-3) [Q2]
6% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 50
8% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 129
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Scott Searle 58% 1-year accuracy 14 / 24 met price target | 4%upside $160 | Buy Maintained | 11 Sept 2024 |
Financial journalist opinion
Based on 7 articles about IDCC published over the past 30 days
