IDCC stock icon

InterDigital
IDCC

$121.06
0.92%
 

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

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

97% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 29

92% more call options, than puts

Call options by funds: $143M | Put options by funds: $74.4M

9% more funds holding

Funds holding: 315 [Q4 2023] → 343 (+28) [Q1 2024]

1.2% more ownership

Funds ownership: 98.6% [Q4 2023] → 99.8% (+1.2%) [Q1 2024]

3% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 118

2% less capital invested

Capital invested by funds: $2.75B [Q4 2023] → $2.7B (-$46.8M) [Q1 2024]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 6 (-1) [Q1 2024]

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$100
17%
downside
Avg. target
$100
17%
downside
High target
$100
17%
downside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
Jefferies
Blayne Curtis
17%downside
$100
Hold
Downgraded
13 May 2024
B of A Securities
Tal Liani
17%downside
$100
Underperform
Downgraded
1 Apr 2024

Financial journalist opinion

Based on 4 articles about IDCC published over the past 30 days