InterDigital, Inc. (NASDAQ:IDCC) has coverage initiated with a Buy rating and $103.00 price target

ME Staff
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Analyst Ratings For InterDigital, Inc. (NASDAQ:IDCC)

Today, National Securities initiated coverage on InterDigital, Inc. (NASDAQ:IDCC) with a Buy with a price target of $103.00.

There are 0 sell ratings, 0 hold ratings, 5 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on InterDigital, Inc. (NASDAQ:IDCC) is Buy with a consensus target price of $97.00 per share, a potential 16.31% upside.

Some recent analyst ratings include

  • 7/23/2018-National Securities initiated coverage with a Buy rating.
  • 6/12/2018-Roth Capital initiated coverage with a Buy rating.
  • 2/23/2018-Dougherty & Co Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 8/8/2017-Sidoti Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 4/25/2017-Benchmark initiated coverage with a Hold rating.
  • 2/24/2017-Barclays Reiterated Rating of Equal Weight .

Recent Insider Trading Activity For InterDigital, Inc. (NASDAQ:IDCC)
InterDigital, Inc. (NASDAQ:IDCC) has insider ownership of 2.00% and institutional ownership of 73.88%.

  • On 6/15/2018 Jeffrey K Belk, Director, sold 555 with an average share price of $85.10 per share and the total transaction amounting to $47,230.50.
  • On 6/11/2018 James J Nolan, EVP, sold 5,595 with an average share price of $82.50 per share and the total transaction amounting to $461,587.50.
  • On 6/8/2018 James J Nolan, EVP, sold 110 with an average share price of $82.50 per share and the total transaction amounting to $9,075.00.
  • On 5/1/2018 William J Merritt, Insider, sold 2,911 with an average share price of $74.50 per share and the total transaction amounting to $216,869.50.
  • On 4/17/2018 Jannie K Lau, Insider, sold 9,700 with an average share price of $79.34 per share and the total transaction amounting to $769,598.00.
  • On 4/16/2018 James J Nolan, EVP, sold 7,765 with an average share price of $79.50 per share and the total transaction amounting to $617,317.50.
  • On 3/2/2018 Stewart D Hutcheson, Director, sold 272 with an average share price of $70.20 per share and the total transaction amounting to $19,094.40.

About InterDigital, Inc. (NASDAQ:IDCC)
InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. The company develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, and 4G wireless networks and mobile terminal devices; and other wireless technologies related to Wi-Fi, WLAN, WMAN, and WRAN. It also provides interoperability and scalability solutions through oneMPOWER platform; and common interface to multiple service providers. The company's patented technologies are used in various products, including mobile devices comprising cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment consisting of base stations; components, dongles, and modules for wireless devices; and Internet of Things devices and software platforms. As of December 31, 2017, it had a portfolio of approximately 19,000 patents and patent applications related to the fundamental technologies that enable wireless communications. InterDigital, Inc. was founded in 1972 and is headquartered in Wilmington, Delaware.

Recent Trading Activity for InterDigital, Inc. (NASDAQ:IDCC)
Shares of InterDigital, Inc. closed the previous trading session at 83.40 0.00 0.00 % with 83.2 shares trading hands.