Jean Rankin Sells Shares of InterDigital, Inc.

Jean Rankin, an insider at InterDigital, Inc. (NasdaqGS: IDCC), sold 365 shares on June 12, 2026. The shares were sold at an average price of $276.64, totaling $100,973.60. This transaction was part of a planned sale.

Insider Buying and Selling at InterDigital, Inc.

On June 12, 2026, several insiders, including Jean Rankin, executed planned sales of InterDigital shares. Derek Aberle sold 522 shares, Samir Armaly sold 470 shares, and John Kritzmacher also sold 365 shares, all at the same average price of $276.64. Additionally, on June 11, 2026, Derek Aberle and John Markley Jr. each sold 1 share at $253.91.

Other Institutional Activity in InterDigital

In recent months, major institutional investors have adjusted their stakes in InterDigital. BlackRock, Inc. reduced its holdings by 657,495 shares, leaving it with 3,609,725 shares valued at approximately $1.09 billion. Meanwhile, T. Rowe Price Associates Inc. added 50,471 shares, bringing its total to 2,272,582 shares worth about $686.32 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated positions, acquiring 1,590,204 and 1,146,759 shares respectively. Boston Partners increased its stake by 114,067 shares to 977,203 shares valued at $295.43 million, while State Street Corp trimmed its holdings by 22,559 shares, now holding 957,748 shares worth $289.24 million.

InterDigital, Inc. Stock Snapshot

Shares of InterDigital, Inc. (NasdaqGS: IDCC) are trading near $288.87. The company has a market capitalization of $7.47 billion and a P/E ratio of 27.54. InterDigital's stock has seen a 52-week range from $213.06 to $412.60, with a 50-day moving average of $299.74 and a 200-day moving average of $331.37. The company's beta is 1.43, indicating higher volatility compared to the market.

Recent Earnings

InterDigital reported revenue of $828.92 million, with a slight decline in revenue growth at -2.4%. The company achieved a net margin of 44.2% and a return on equity of 35.9%. Earnings per share stood at $10.49. The next earnings report is scheduled for July 30, 2026.

Dividend

InterDigital offers an annual dividend rate of $2.80, yielding 0.97%. The dividend payout ratio is 24.79%, indicating a conservative dividend policy.

Analysts Set New Price Targets

On October 30, 2025, Jefferies maintained a buy rating on InterDigital, setting a price target of $475. Roth Capital also maintained a buy rating with a target of $350 on September 12, 2025. The consensus among analysts is a strong buy, with an average target price of $462.67 based on three opinions.

About InterDigital, Inc.

InterDigital, Inc., headquartered in Wilmington, Delaware, is a technology company specializing in wireless and visual technologies. It develops and licenses innovations in wireless communications, artificial intelligence, and related fields. The company serves a broad range of industries, including consumer electronics, automotive, and cloud-based services. Led by CEO Lawrence Chen, InterDigital employs about 460 people.

Bottom Line

Insider transactions like Jean Rankin's planned sale provide insights into the company's internal dynamics. InterDigital remains a significant player in the technology sector, with a robust market presence and a strong focus on innovation. Investors often keep an eye on such insider activities as part of their broader analysis. Remember, insider transactions are disclosed after the fact and do not necessarily indicate future performance.