On December 23, 2024, Lawrence Chen, President and Chief Executive Officer of InterDigital Inc (IDCC, Financial), executed a sale of 5,891 shares of the company, as documented in the SEC Filing. Following this transaction, the insider now holds 158,652.0741 shares of the company.
InterDigital Inc (IDCC) is a company that specializes in the development of advanced technologies for wireless communications. The company is known for its contributions to mobile and video technologies, and it licenses its innovations to companies across the globe.
The insider transaction history for InterDigital Inc indicates that there have been no insider purchases over the past year, while there have been 25 insider sales during the same period. Over the past year, Lawrence Chen has sold a total of 11,782 shares and has not made any purchases.
On the day of the recent sale, shares of InterDigital Inc were trading at $189.12, giving the stock a market cap of $4.871 billion. The company's price-earnings ratio stands at 20.54, which is lower than the industry median of 26.745 but higher than the company's historical median price-earnings ratio.
With a trading price of $189.12 and a GF Value of $139.25, InterDigital Inc has a price-to-GF-Value ratio of 1.36, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, along with future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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