On December 5, 2024, Rajesh Pankaj, Chief Technology Officer at InterDigital Inc's subsidiary, sold 700 shares of InterDigital Inc (IDCC, Financial). Following this transaction, the insider now owns 53,696.6625 shares of the company. The transaction details are available in the SEC Filing.
InterDigital Inc is a company that specializes in the development of advanced technologies for wireless communications. The company is involved in the design and development of technologies that are used in mobile devices, networks, and services worldwide.
Over the past year, Rajesh Pankaj has sold a total of 6,050 shares and has not made any purchases. The insider transaction history for InterDigital Inc indicates that there have been 0 insider buys and 23 insider sells over the past year.
On the day of the recent sale, shares of InterDigital Inc were trading at $200.01, giving the stock a market cap of $4.988 billion. The company's price-earnings ratio is 21.03, which is lower than the industry median of 26.94 but higher than the company's historical median price-earnings ratio.
With a trading price of $200.01 and a GF Value of $135.83, InterDigital Inc has a price-to-GF-Value ratio of 1.47, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
