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Richard Brezski, the Chief Financial Officer of InterDigital , Inc. (NASDAQ:IDCC), a technology company with a market capitalization of $5.6 billion and impressive 114% return over the past year, recently sold a significant portion of the company’s stock. According to a filing with the Securities and Exchange Commission, Brezski sold shares totaling approximately $2.82 million. The transactions occurred on March 14, 2025, with prices ranging from $209.64 to $215.82 per share, as the stock trades near its 52-week high of $231.97.
The sales were executed under a pre-established Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stocks to avoid concerns about insider trading. Following these transactions, Brezski’s direct ownership stands at 79,626.7297 shares. According to InvestingPro analysis, InterDigital currently trades near its Fair Value, with 13 additional ProTips available covering the company’s financial health, profitability, and growth prospects.
Additionally, the filing reported other transactions, including a charitable donation of 1,000 shares and the vesting of performance-based restricted stock units, which resulted in additional shares being awarded to Brezski. These transactions are part of the company’s long-term compensation program, occurring as InterDigital maintains strong financial metrics with an 80% gross profit margin and has consistently paid dividends for 15 consecutive years.
In other recent news, InterDigital, Inc. reported fourth-quarter earnings that significantly exceeded analyst expectations, with adjusted earnings per share reaching $5.15, well above the consensus estimate of $0.91. The company’s revenue for the quarter was $252.8 million, surpassing the expected $244.24 million and marking a 140% increase from the same quarter last year. Additionally, InterDigital provided an optimistic full-year 2025 revenue forecast ranging from $660 million to $760 million, exceeding the analyst consensus of $533 million. The company also announced an increase in its quarterly cash dividend from $0.45 to $0.60 per share, effective in the second quarter of 2025. Jefferies analysts recently raised their price target for InterDigital to $210 from $195, maintaining a Hold rating, citing the company’s steady stream of catch-up payments and its potential for future revenue growth in the streaming market. Meanwhile, LeddarTech Holdings Inc. has announced its Annual and Special Meeting of Shareholders scheduled for March 26, 2025, with the notice filed with the SEC. This announcement serves to inform shareholders and the investing public of the upcoming corporate event, ensuring transparency and regulatory compliance.
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