News articles about InterDigital (NASDAQ:IDCC) have been trending positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InterDigital earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned headlines about the Wireless communications provider an impact score of 45.9453375985148 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
InterDigital (NASDAQ IDCC) opened at $75.90 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.22 and a current ratio of 3.22. InterDigital has a 52 week low of $67.55 and a 52 week high of $102.30. The company has a market capitalization of $2,700.55, a price-to-earnings ratio of 10.48 and a beta of 0.94.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 10th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Tuesday, January 9th. InterDigital’s payout ratio is currently 19.34%.
In other news, EVP Scott A. Mcquilkin sold 500 shares of the stock in a transaction on Friday, December 29th. The stock was sold at an average price of $76.50, for a total value of $38,250.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP James J. Nolan sold 5,020 shares of the stock in a transaction on Monday, November 27th. The shares were sold at an average price of $75.00, for a total value of $376,500.00. Following the completion of the sale, the executive vice president now owns 49,063 shares in the company, valued at $3,679,725. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,020 shares of company stock worth $453,000. Insiders own 1.90% of the company’s stock.
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InterDigital, Inc designs and develops technologies for wireless communications. The Company is focused on three technology areas: cellular wireless technology, Internet of things (IoT) technology, and, through its Hillcrest Laboratories, Inc (Hillcrest Labs) subsidiary, sensor and sensor fusion technology.
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