IDCC InterDigital Inc

Exchange Traded Concepts LLC significantly reduced its stake in InterDigital, Inc. (NASDAQ:IDCC) by 64.4% in the Q3, selling 5,895 shares and retaining 3,258 shares valued at approximately $1.125 million. This stock sale occurred despite InterDigital exceeding Q3 earnings estimates and providing strong FY2025 guidance. Other institutional investors, however, appear to be increasing their positions in the company, showcasing mixed sentiment among institutional holders.

Vontobel Holding Ltd. significantly increased its stake in InterDigital, Inc. (NASDAQ:IDCC) during the third quarter, boosting its holdings by 144.3% to own 12,043 shares valued at approximately $4.16 million. This move aligns with a largely positive sentiment from Wall Street analysts, who have issued a "Buy" consensus rating for InterDigital with a target price of $416.67. The wireless communications provider recently surpassed Q3 earnings estimates with EPS of $1.93 and 28% revenue growth, while also declaring a $0.70 quarterly dividend.

This article analyzes InterDigital's (NASDAQ:IDCC) debt levels, concluding that the company is not using too much debt. InterDigital holds US$789.7m in net cash and has a strong balance sheet, further supported by converting 103% of its EBIT to free cash flow. This financial strength suggests that InterDigital's debt load is manageable and not a significant risk to the company.

InterDigital (NASDAQ:IDCC) is assessed for its debt levels, revealing it has substantial net cash of US$789.7m and a strong balance sheet. The company's ability to convert 103% of its EBIT to free cash flow, amounting to US$590m, indicates that its use of debt is not a significant risk. The analysis concludes that InterDigital's financial health regarding debt is robust.

Harbor Capital Advisors Inc. significantly reduced its stake in InterDigital, Inc. (IDCC) by 73.3% in Q3, now holding shares valued at $4.02 million. Despite this, other institutional investors like Norges Bank and Wedge Capital have established large new positions, and analysts generally rate the stock as "Buy" with a consensus price target of $416.67. InterDigital recently surpassed EPS expectations, provided optimistic FY-2025 guidance, and announced a quarterly dividend of $0.70 per share, while some insider selling occurred.

Inspire Investing LLC has reduced its stake in InterDigital, Inc. (NASDAQ:IDCC) by 28.1%, selling 4,158 shares and now holding 10,619 shares valued at $3.67 million. This comes as InterDigital reported strong Q3 earnings, beating analyst estimates, and provided positive FY-2025 guidance. The company also announced a quarterly dividend, though insider selling in the last 90 days might impact near-term sentiment.