Bragg Financial Advisors Sells $11.75 Million in InterDigital Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
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Should l Buy IDCC?
Source: Yahoo Finance
- Share Reduction Details: Bragg Financial Advisors disclosed in an SEC filing dated February 13, 2026, that it sold 33,239 shares of InterDigital (NASDAQ:IDCC), with an estimated transaction value of $11.75 million, indicating a cautious outlook on the company's future performance.
- Position Percentage Change: Following this sale, Bragg's stake in InterDigital now represents 1.42% of its 13F assets, down from 1.94%, reflecting a diminished confidence in the stock that could influence investor sentiment towards the company.
- Market Performance Analysis: As of February 12, 2026, InterDigital's shares were priced at $356.83, marking a 71.5% increase over the past year, significantly outperforming the S&P 500 by 58.63 percentage points, yet the sell-off may raise concerns about its future growth potential.
- Financial Metrics Overview: InterDigital reported $834 million in revenue and $406.64 million in net income over the past year, and while its patent licensing revenue can be volatile, the overall financial performance remains robust, with the CEO highlighting strong smartphone business performance, showcasing the company's ongoing competitive edge in technological innovation.
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Analyst Views on IDCC
Wall Street analysts forecast IDCC stock price to rise
4 Analyst Rating
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 361.610
Low
260.00
Averages
386.67
High
475.00
Current: 361.610
Low
260.00
Averages
386.67
High
475.00
About IDCC
InterDigital, Inc. is a global research and development company focused primarily on wireless, video, artificial intelligence (AI), and related technologies. It designs and develops foundational technologies that enable connected, immersive experiences in a range of communications and entertainment products and services. The Company licenses its innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, Internet of Things (IoT) devices, cars and other motor vehicles and providers of cloud-based services such as video streaming. It focuses on wireless technology, which is used in wireless products and networks, from the earliest digital cellular systems to fifth generation (5G) and advanced Wi-Fi technologies. The Company also focuses on video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Share Reduction Details: On February 13, 2026, Shannon River Fund Management LLC disclosed the sale of 125,230 shares of InterDigital, valued at approximately $44.28 million, indicating a significant reduction in its stake from 9.9% to 2.67%.
- Impact on Asset Management: This divestment reduced InterDigital's representation in Shannon River's 13F assets to 2.67%, with a position value of $17.03 million at the end of Q4 2025, reflecting a loss of confidence in the stock.
- Stock Performance Analysis: As of February 13, 2026, InterDigital shares were priced at $375.01, marking a 76.2% increase over the past year, significantly outperforming the S&P 500 by 64.43 percentage points, showcasing the company's robust performance in the tech sector.
- Future Outlook and Challenges: While InterDigital's revenue and net income are nearing record highs and management is optimistic about 2026, its price-to-earnings ratio has reached 30x, close to a three-year peak, which may raise valuation concerns among investors.
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- IP Litigation: On February 10, InterDigital filed a lawsuit against Hisense and TCL, alleging infringement of intellectual property related to its joint TV licensing program with Sony, involving HEVC, VP9, and AV1 video compression technologies, indicating the company's strong stance on protecting its innovations.
- Global Legal Action: The company has initiated legal proceedings in the Munich Local Division of the Unified Patent Court in Germany, the Rio de Janeiro State Court in Brazil, and the Delhi High Court in India, demonstrating its commitment to defending its intellectual property worldwide, which could significantly impact Hisense and TCL's market operations.
- Strategic Partnership: On the same day, InterDigital inked a strategic collaboration with Razer, a leading global lifestyle brand for gamers, to establish a center of excellence aimed at enhancing the implementation and promotion of haptic technology for improved media experiences, showcasing the company's ongoing efforts in technological innovation.
- Industry Leadership: As a prominent R&D company, InterDigital plays a crucial role in foundational technology innovations in wireless, video, and AI, driving industry standards for 5G, 6G, and video compression, highlighting its influence and market potential in the tech sector.
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- Patent License Expansion: InterDigital's new patent license agreement with Sony covers all of Sony's end-user devices, involving wireless, video, and AI technologies, thereby expanding InterDigital's global patent portfolio.
- Long-term Partnership: Sony's renewal as a long-term licensee indicates its ongoing reliance on InterDigital's patents, although InterDigital's shares fell 2.4% in premarket trading following the announcement.
- Market Reaction: Following the announcement of the agreement, both InterDigital and Sony's stock prices declined, reflecting a cautious market sentiment that may impact investor confidence.
- Future Outlook: InterDigital aims to achieve $1 billion in annual recurring revenue by 2030, with expectations that this agreement will drive growth in its licensing business, despite the short-term stock performance being underwhelming.
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- Patent License Agreement: InterDigital has signed a new patent license agreement with Sony that covers all of Sony's end-user devices under InterDigital's global patent portfolio, including standard essential cellular, WiFi, and video patents, further solidifying their long-term partnership.
- Innovation-Driven Technology: Julia Mattis, Chief Licensing Officer at InterDigital, stated that this agreement demonstrates how the company's innovations drive the connected world, encompassing a wide range of devices from smartphones to laptops, connected TVs, and gaming consoles, showcasing the broad applicability of their technology.
- Industry Leadership: As a leader in wireless technology, InterDigital provides innovative technologies across wireless communications devices, consumer electronics, IoT devices, and cloud services, enhancing its competitive position in the global market.
- Company Background: Founded in 1972, InterDigital focuses on research and development in wireless, video, and artificial intelligence technologies, aiming to design and develop foundational technologies that support connected experiences in various communication and entertainment products.
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- Share Reduction Details: Bragg Financial Advisors disclosed in its February 13, 2026 SEC filing that it sold 33,239 shares of InterDigital, with an estimated transaction value of $11.75 million, indicating a strategic reduction in its holdings.
- Position Percentage Change: Following this sale, Bragg Financial's stake in InterDigital now represents 1.42% of its 13F assets, down from 1.94%, reflecting a potential shift in confidence regarding the stock.
- Company Financial Performance: InterDigital reported total revenue of $834 million and net income of $406.64 million for Q4 2025, with a 24% year-over-year growth, showcasing its robust performance in wireless communications and video coding technologies.
- Market Performance Analysis: InterDigital's stock price has surged 71.5% over the past year, significantly outperforming the S&P 500 by 58.63 percentage points, indicating its growing competitiveness and investment appeal in the market.
See More
- Share Reduction Details: Bragg Financial Advisors disclosed in an SEC filing dated February 13, 2026, that it sold 33,239 shares of InterDigital (NASDAQ:IDCC), with an estimated transaction value of $11.75 million, indicating a cautious outlook on the company's future performance.
- Position Percentage Change: Following this sale, Bragg's stake in InterDigital now represents 1.42% of its 13F assets, down from 1.94%, reflecting a diminished confidence in the stock that could influence investor sentiment towards the company.
- Market Performance Analysis: As of February 12, 2026, InterDigital's shares were priced at $356.83, marking a 71.5% increase over the past year, significantly outperforming the S&P 500 by 58.63 percentage points, yet the sell-off may raise concerns about its future growth potential.
- Financial Metrics Overview: InterDigital reported $834 million in revenue and $406.64 million in net income over the past year, and while its patent licensing revenue can be volatile, the overall financial performance remains robust, with the CEO highlighting strong smartphone business performance, showcasing the company's ongoing competitive edge in technological innovation.
See More






