On December 18, 2024, Lawrence Chen, President and Chief Executive Officer of InterDigital Inc (IDCC, Financial), executed a sale of 5,891 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now holds 164,543.0741 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, providing solutions that are integral to the functioning of wireless networks and devices.
The insider transaction history for InterDigital Inc indicates that there have been no insider purchases over the past year, while there have been 24 insider sales during the same period. This recent sale by Lawrence Chen is part of the broader trend of insider selling within the company.
On the day of the transaction, shares of InterDigital Inc were trading at $195.34, giving the stock a market cap of $4.8 billion. The company's price-earnings ratio stands at 20.24, which is lower than the industry median of 27.08 but higher than the company's historical median price-earnings ratio.
The GF Value of InterDigital Inc is estimated at $138.23, resulting in a price-to-GF-Value ratio of 1.41. This suggests 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, a GuruFocus adjustment factor, and future business performance estimates 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.
