Company Overview - InterDigital, Inc. is a technology innovator specializing in wireless communications and video technology, with a substantial patent portfolio supporting multiple generations of wireless standards [6] - The company generates revenue primarily through licensing its intellectual property and patented technologies to device manufacturers and network equipment providers [8] - InterDigital reported annual revenue of $834 million, with annualized recurring revenue increasing by 24% to $468 million, contributing to record net income, adjusted EBITDA, and free cash flow [10] Financial Performance - As of February 12, 2026, InterDigital's shares were priced at $356.83, reflecting a 71.5% increase over the past year, significantly outperforming the S&P 500 by 58.63 percentage points [7] - The company's net income for the trailing twelve months (TTM) was $406.64 million, with a dividend yield of 0.71% [4] Recent Developments - Bragg Financial Advisors, Inc. reduced its position in InterDigital by 33,239 shares, valued at approximately $11.75 million, leading to a decrease in the position's value by $15.15 million [2][10] - Following the sale, InterDigital now represents 1.42% of Bragg Financial Advisors' 13F assets, down from 1.94% in the previous quarter [7] Market Position - InterDigital's competitive edge lies in its deep expertise across evolving wireless standards and the broad adoption of its technologies by leading device and network manufacturers [6] - The company serves major technology companies and equipment makers in the wireless communications, consumer electronics, and IoT markets worldwide [8]