Interdigital Inc’s recent filing unveils that its Chief Technology Officer Pankaj Rajesh unloaded Company’s shares for reported $0.15 million on May 05 ’25. In the deal valued at $208.87 per share,700 shares were sold. As a result of this transaction, Pankaj Rajesh now holds 77,580 shares worth roughly $16.47 million.
Then, RAJESH K PANKAJ bought 700 shares, generating $146,209 in total proceeds.
Before that, Pankaj Rajesh sold 700 shares. Interdigital Inc shares valued at $126,721 were divested by the Chief Technology Officer at a price of $181.03 per share. As a result of the transaction, Pankaj Rajesh now holds 78,161 shares, worth roughly $16.59 million.
Jefferies downgraded its Interdigital Inc [IDCC] rating to a Hold from a a Buy in a research note published on May 13, 2024; the price target was decreased to $100 from $106. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “an Underperform”. BofA Securities revised its rating on May 10, 2023. It rated IDCC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of IDCC
On Friday, Interdigital Inc [NASDAQ:IDCC] saw its stock fall -0.12% to $212.26. Over the last five days, the stock has lost -2.94%. Interdigital Inc shares have risen nearly 9.57% since the year began. Nevertheless, the stocks have risen 92.96% over the past one year. While a 52-week high of $231.96 was reached on 03/06/25, a 52-week low of $109.24 was recorded on 01/17/25. SMA at 50 days reached $207.82, while 200 days put it at $181.09.
Levels Of Support And Resistance For IDCC Stock
The 24-hour chart illustrates a support level at 207.41, which if violated will result in even more drops to 202.56. On the upside, there is a resistance level at 215.48. A further resistance level may holdings at 218.69. The Relative Strength Index (RSI) on the 14-day chart is 52.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.93%. Stochastics %K at 38.46% indicates the stock is a holding.
How much short interest is there in Interdigital Inc?
A steep rise in short interest was recorded in Interdigital Inc stocks on 2025-04-30, dropping by -0.17 million shares to a total of 1.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 2.04 million shares. There was a decline of -8.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 27, 2023 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
