Thursday, November 26, 2015 10:03:57 AM
November 25, 2015
InterDigital, Inc. (NASDAQ:IDCC) stated gains of 351,924 shares or 10% in the short interest. The short interest registered from 3,526,042 on October 30,2015 to 3,877,966 on November 13,2015. In terms of floated shares, the shorted positions stood at 11.1%. The stock has been averaging 423,662 shares daily in trading and would need 9 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on November 24th after Market close.
Research firm Zacks has rated InterDigital, Inc. (NASDAQ:IDCC) and has ranked it at 1, indicating that for the short term the shares are a strong buy. 2 Wall Street analysts have given the company an average rating of 2.5. The shares have received a hold rating based on the suggestion from 1 analysts in latest recommendations. The company had a buy rating from 1 analysts.
Shares of InterDigital, Inc. (NASDAQ:IDCC) ended Tuesday session in red amid volatile trading. The shares closed down 0.91 points or 1.71% at $52.21 with 233,294 shares getting traded. Post opening the session at $52.72, the shares hit an intraday low of $51.92 and an intraday high of $52.98 and the price vacillated in this range throughout the day. The company has a market cap of $1,849 million and the number of outstanding shares have been calculated to be 35,409,016 shares. The 52-week high of InterDigital, Inc. (NASDAQ:IDCC) is $60.69 and the 52-week low is $44.28.
InterDigital, Inc. has dropped 0.51% in the last five trading days, however, the shares have posted positive gains of 5.73% in the last 4 weeks. InterDigital, Inc. is up 8.47% in the last 3-month period. Year-to-Date the stock performance stands at 0.21%.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (EVP, General Counsel & Sec.), of Interdigital, Inc., Lau Jannie K had unloaded 1,604 shares at $57.5 per share in a transaction on July 16, 2015. The total value of transaction was $92,230. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.5% of InterDigital, Inc. shares according to the proxy statements. Institutional Investors own 71.18% of InterDigital, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -21.69%.
InterDigital, Inc. (InterDigital) designs and develops advanced technologies for wireless communications. It has designed and developed a range of technologies that are used in digital cellular and wireless products and networks, including second generation (2G), third generation (3G), fourth generation (4G) and IEEE 802-related products and networks. It is a contributor of intellectual property to the wireless communications industry. As of December 31, 2012, InterDigitals wholly owned subsidiaries held a portfolio of over 19,000 patents and patent applications related to the fundamental technologies that enable wireless communications. Products incorporating its patented inventions include: mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations, and components, dongles and modules for wireless devices.
http://www.insidertradingreport.org/interdigital-inc-short-interest-update/6187287/
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Recent IDCC News
- InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology • GlobeNewswire Inc. • 09/16/2024 12:30:00 PM
- InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030 • GlobeNewswire Inc. • 09/16/2024 12:00:00 PM
- Interdigital Announces Increase of Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability • GlobeNewswire Inc. • 09/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:01:37 PM
- InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024 • GlobeNewswire Inc. • 08/29/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 12:17:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:06:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 01:05:55 PM
- More than half of connected devices will be haptic enabled by 2028, revealing exciting opportunity for immersive video • GlobeNewswire Inc. • 08/20/2024 08:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:19:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:28:06 PM
- InterDigital Announces 2024 Investor Day • GlobeNewswire Inc. • 08/01/2024 12:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 12:35:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 12:32:54 PM
- Interdigital Announces Financial Results for Second Quarter 2024 • GlobeNewswire Inc. • 08/01/2024 12:30:21 PM
- InterDigital signs license agreement with Panasonic • GlobeNewswire Inc. • 08/01/2024 08:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:52:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:48:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:47:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:45:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:40:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:37:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:31:56 PM
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