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InterDigital , Inc. (NASDAQ:IDCC), a $5.86 billion technology company with impressive gross profit margins of 88%, saw its Chief Technology Officer Pankaj Rajesh report selling 1,000 shares of common stock at a price of $224.58 on July 7, 2025. The stock is currently trading near its 52-week high of $237.50. The total value of the transaction amounted to $224,580.
Following the transaction, Rajesh directly owns 76,579.6204 shares of InterDigital, Inc. common stock.
The sale was executed under a Rule 10b5-1 trading plan adopted on March 20, 2025. For deeper insights into InterDigital’s valuation and 14 additional key investment factors, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, InterDigital, Inc. reported outstanding financial results for the first quarter of 2025, surpassing earnings and revenue expectations. The company achieved an earnings per share (EPS) of $4.21, significantly above the anticipated $1.83, and recorded revenue of $210.5 million, exceeding the forecasted $182.75 million. Additionally, InterDigital reaffirmed its revenue guidance for the year, projecting between $660 million and $760 million. The company also announced the signing of new licensing agreements, including a significant deal with Vivo, a top smartphone manufacturer, which contributed to the strong quarterly performance.
At the 2025 Annual Meeting of Shareholders, InterDigital shareholders approved several key resolutions, including executive compensation and the adoption of the 2025 Equity Incentive Plan. The appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm was also ratified. Meanwhile, the company continues to navigate ongoing litigation with Disney (NYSE:DIS), which poses potential risks.
In analyst updates, InterDigital’s strategic initiatives and strong market execution have been noted, with firms such as William Blair and Jefferies attending upcoming investor events to further discuss the company’s progress. These developments highlight InterDigital’s continued focus on expanding its licensing agreements and maintaining a strong financial outlook.
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