Derek Aberle Sells Shares of InterDigital, Inc.
Derek Aberle sold 522 shares of InterDigital, Inc. on June 12, 2026.
Key Points
- Derek Aberle sold 522 shares of InterDigital, Inc. for $144,406.08 on June 12, 2026.
- InterDigital, Inc. trades on NasdaqGS with a market cap of $7.47 billion and a P/E ratio of 27.54.
- Analysts have set a mean price target of $462.67 for InterDigital, Inc., with a strong buy consensus.
On June 12, 2026, Derek Aberle sold 522 shares of InterDigital, Inc. (NasdaqGS: IDCC) as part of a planned transaction. The shares were sold at an average price of $276.64, totaling approximately $144,406.08. This move is part of regular insider trading activity and doesn't necessarily reflect the future prospects of the company.
Insider Buying and Selling at InterDigital, Inc.
Derek Aberle wasn't the only insider trading InterDigital shares recently. On the same day, Samir Armaly sold 470 shares, Jean Rankin sold 365 shares, and John Kritzmacher also sold 365 shares, all at the same average price of $276.64. These transactions were planned under Rule 10b5-1, which allows insiders to set up a trading plan for selling stocks.
Other Institutional Activity in InterDigital, Inc.
Several institutional investors have also adjusted their positions in InterDigital. BlackRock, Inc. reduced its holdings by 657,495 shares, leaving it with about 3.61 million shares valued at approximately $1.09 billion. On the other hand, Price T Rowe Associates increased its stake by 50,471 shares to a total of about 2.27 million shares, worth $686.32 million. Vanguard Portfolio Management LLC added 1,590,204 shares, reaching a total of 1,590,204 shares valued at around $480.24 million. Meanwhile, Boston Partners grew its holdings by 114,067 shares to 977,203 shares, valued at $295.43 million.
InterDigital, Inc. Stock Snapshot
InterDigital, Inc. shares are trading at about $288.87. The company, which has a market cap of $7.47 billion, boasts a P/E ratio of 27.54 and a forward P/E of 25.69. The stock's 52-week range has seen lows of $213.06 and highs of $412.60. It has a 50-day moving average of $299.74 and a 200-day moving average of $331.37. The firm's beta is 1.43, indicating a higher volatility compared to the market.
Analysts Set New Price Targets
Analysts have maintained a strong buy consensus on InterDigital, Inc., with a mean price target of $462.67 based on three opinions. Jefferies maintained its buy rating with a target of $475 on October 30, 2025. Roth Capital also upheld its buy rating with a target of $350 on September 12, 2025.
About InterDigital, Inc.
InterDigital, Inc., headquartered in Wilmington, Delaware, is a technology company specializing in research and development for wireless and visual technologies. It focuses on creating technologies for connected devices and networks, including mobile phones, automobiles, and smart home products. With about 460 employees, the company licenses its innovations to major technology firms around the world.
Bottom Line
Derek Aberle's recent sale of InterDigital shares is part of planned trading activity and does not necessarily indicate any change in the company's outlook. Investors should remember that these insider transactions are regular occurrences and may not reflect current company performance. InterDigital continues to be a significant player in the tech industry, with strong institutional backing and a positive analyst outlook.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
