On February 13, 2026, Shannon River Fund Management LLC disclosed it sold 125,230 shares of InterDigital (NASDAQ:IDCC), an estimated $44.28 million trade based on quarterly average pricing.
According to a SEC filing dated February 13, 2026, Shannon River Fund Management LLC sold 125,230 shares of InterDigital during the fourth quarter. The estimated transaction value is $44.28 million, based on the average closing price for the quarter. The fund’s position in InterDigital dropped from 9.9% of assets under management to 2.67%, with a period-end value of $17.03 million. The net change in position value for the quarter was $44.67 million.
This was a significant reduction, with InterDigital now representing 2.67% of the fund’s 13F assets under management.
Top holdings after the filing:
NASDAQ:TSEM: $70.78 million (11.1% of AUM)
NASDAQ:PEGA: $62.04 million (9.7% of AUM)
NYSE:U: $47.06 million (7.4% of AUM)
NYSE:LYV: $36.40 million (5.7% of AUM)
NASDAQ:MRVL: $32.10 million (5.0% of AUM)
As of February 13, 2026, shares of InterDigital were priced at $375.01, up 76.2% over the past year, outperforming the S&P 500 by 64.43 percentage points.
Metric | Value |
|---|---|
Revenue (TTM) | $834.01 million |
Net Income (TTM) | $406.64 million |
Dividend Yield | 0.69% |
Price (as of market close 2/13/26) | $375.01 |
Offers patented technology solutions for wireless communications, video coding, and connected devices across global markets.
Generates revenue from its portfolio of patented technologies used in products by manufacturers and service providers in the technology and telecommunications sectors.
Serves device manufacturers, network equipment vendors, and consumer electronics companies operating in the mobile, IoT, and digital communications industries.
InterDigital, Inc. specializes in developing and licensing advanced wireless and video technologies, with a strong focus on 2G through 5G networks, IoT, and multimedia applications. Its extensive patent portfolio underpins its licensing-driven business model, providing critical intellectual property to a wide range of technology manufacturers worldwide. The company’s scale and deep R&D capabilities position it as a key enabler of next-generation connectivity and digital innovation.
Shannon River, a New York-based hedge fund, recently sold roughly $44 million worth of InterDigital (IDCC) stock during the fourth quarter (the three months ending on Dec. 31, 2025). That reduced its position in the technology stock by about 75%. Here’s what it means for investors.
finance.yahoo.com
#Shannon #River #Trims #IDCC #Shares #Worth #Million #SEC #Filing
