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On March 20, 2025, Pankaj Rajesh, Chief Technology Officer of InterDigital , Inc. (NASDAQ:IDCC), a technology company currently valued at $5.6 billion and trading near its 52-week high, executed a sale of company stock. According to InvestingPro analysis, InterDigital maintains impressive gross profit margins of 80% and has delivered a 111% return over the past year. According to a recent SEC filing, Rajesh sold 700 shares of InterDigital common stock at a price of $218.08 per share, amounting to a total transaction value of $152,656. This transaction was conducted under a Rule 10b5-1 trading plan established on May 9, 2024. Following the sale, Rajesh holds 71,605.8058 shares directly. InvestingPro analysis indicates the company’s overall financial health is rated as GREAT, with 13 additional key insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, InterDigital, Inc. reported fourth-quarter earnings that significantly exceeded analyst expectations, with adjusted earnings per share of $5.15, surpassing the consensus of $0.91. The company’s revenue for the quarter reached $252.8 million, beating the expected $244.24 million and marking a 140% increase from the previous year. InterDigital’s CEO, Liren Chen, attributed the strong performance to momentum across licensing programs and new agreements with major device makers. For 2025, InterDigital projects revenue between $660 million and $760 million, exceeding the consensus estimate of $533 million. Jefferies analysts raised their price target for InterDigital to $210, citing a robust pipeline of potential agreements and anticipated growth in the streaming market. Meanwhile, LeddarTech Holdings Inc. announced its Annual and Special Meeting of Shareholders for March 26, 2025, as part of its regulatory compliance and transparency efforts. The meeting will address various matters for shareholder consideration, ensuring stakeholders are informed about the company’s proceedings.
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