Interdigital director John Kritzmacher sells $117,632 in stock

Published 11/06/2025, 11:36
Interdigital director John Kritzmacher sells $117,632 in stock

InterDigital , Inc. (NASDAQ:IDCC) Director John A. Kritzmacher recently sold shares of the company’s common stock, according to a recent filing. On June 9, 2025, Kritzmacher sold a total of 519 shares in three separate transactions. The sales were executed at prices ranging from $225.88 to $228.81 per share, amounting to a total transaction value of $117,632. The transactions occurred near InterDigital’s 52-week high of $231.97, during a period when the stock has delivered an impressive 93% return over the past year. InvestingPro data shows the company maintains excellent financial health with a "GREAT" overall rating.

Following these sales, Kritzmacher holds 19,774 shares of InterDigital. The transactions were conducted under a Rule 10b5-1 trading plan, which was set up on June 21, 2024, to address estimated tax obligations linked to the vesting of restricted stock units. With a market capitalization of $5.75 billion and industry-leading gross profit margins of 88%, InterDigital demonstrates strong operational efficiency. For deeper insights into InterDigital’s valuation and 12+ additional exclusive ProTips, visit InvestingPro.

In other recent news, InterDigital Inc. reported impressive financial results for the first quarter of 2025, surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $4.21, significantly exceeding the anticipated $1.83, while revenue reached $210.5 million, surpassing the forecasted $182.75 million. These results highlight InterDigital’s strong market execution and strategic initiatives, including a recent licensing agreement with Vivo, a major smartphone manufacturer. InterDigital’s expansion in licensing agreements now covers 80% of the global smartphone market. Despite these positive developments, the company faces ongoing litigation with Disney (NYSE:DIS), which poses potential risks. Additionally, InterDigital announced a new multi-year licensing agreement with HP (NYSE:HPQ), further solidifying its position in the consumer electronics and IoT sectors. The company reaffirmed its 2025 revenue guidance of $660-$760 million and aims for a long-term annual recurring revenue target of over $1 billion by 2030. Analyst firms like ROTH Capital have acknowledged the company’s successful agreements, indicating a positive outlook for its strategic initiatives.

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