InterDigital, Inc. (NASDAQ:IDCC) Executive Sells Shares

Company Overview - InterDigital, Inc. specializes in developing wireless and video technologies, playing a significant role in the tech industry by providing essential solutions for mobile devices, networks, and services [1] - The company competes with other tech giants in the wireless technology sector, focusing on innovation and strategic leadership to maintain its market position [1] Recent Transactions - On January 14, 2026, Chen Lawrence Liren, the director, President, and CEO of InterDigital, sold 2,975 shares of Common Stock at $312.72 each, as part of a larger sale of 5,950 shares totaling approximately $1.9 million [2] - This sale represented 3.36% of Chen's direct holdings, reducing his stake to 170,935 shares, with approximately 164,985 shares remaining post-transaction [2] Stock Performance - The weighted average purchase price for the recent transaction was $322.27, while the post-transaction value based on the market close was $309.09 [3] - InterDigital's stock is currently priced at $312.63 on the NASDAQ, experiencing a decrease of 0.46%, equivalent to a drop of $1.43 [3] - The stock has seen a low of $307.53 and a high of $325.44 on the day of reporting, with a one-year high of $412.60 and a low of $169.58, and a market capitalization of approximately $8.05 billion [3]