Shannon River Trims IDCC Shares Worth $44.3 Million, According to Recent SEC Filing

2 days ago 6

Jake Lerch, The Motley Fool

Thu, February 19, 2026 astatine 7:53 AM CST 4 min read

On February 13, 2026, Shannon River Fund Management LLC disclosed it sold 125,230 shares of InterDigital (NASDAQ:IDCC), an estimated $44.28 cardinal commercialized based connected quarterly mean pricing.

According to a SEC filing dated February 13, 2026, Shannon River Fund Management LLC sold 125,230 shares of InterDigital during the 4th quarter. The estimated transaction worth is $44.28 million, based connected the mean closing terms for the quarter. The fund’s presumption successful InterDigital dropped from 9.9% of assets nether absorption to 2.67%, with a period-end worth of $17.03 million. The nett alteration successful presumption worth for the 4th was $44.67 million.

This was a important reduction, with InterDigital present representing 2.67% of the fund’s 13F assets nether management.

Top holdings aft the filing:

NASDAQ:TSEM: $70.78 cardinal (11.1% of AUM)
NASDAQ:PEGA: $62.04 cardinal (9.7% of AUM)
NYSE:U: $47.06 cardinal (7.4% of AUM)
NYSE:LYV: $36.40 cardinal (5.7% of AUM)
NASDAQ:MRVL: $32.10 cardinal (5.0% of AUM)

As of February 13, 2026, shares of InterDigital were priced astatine $375.01, up 76.2% implicit the past year, outperforming the S&P 500 by 64.43 percent points.

Metric

Value

Revenue (TTM)	$834.01 million
Net Income (TTM)	$406.64 million
Dividend Yield	0.69%
Price (as of marketplace adjacent 2/13/26)	$375.01

Offers patented exertion solutions for wireless communications, video coding, and connected devices crossed planetary markets.
Generates gross from its portfolio of patented technologies utilized successful products by manufacturers and work providers successful the exertion and telecommunications sectors.
Serves instrumentality manufacturers, web instrumentality vendors, and user electronics companies operating successful the mobile, IoT, and integer communications industries.

InterDigital, Inc. specializes successful processing and licensing precocious wireless and video technologies, with a beardown absorption connected 2G done 5G networks, IoT, and multimedia applications. Its extended patent portfolio underpins its licensing-driven concern model, providing captious intelligence spot to a wide scope of exertion manufacturers worldwide. The company's standard and heavy R&D capabilities presumption it arsenic a cardinal enabler of next-generation connectivity and integer innovation.

Shannon River, a New York-based hedge fund, precocious sold astir $44 cardinal worthy of InterDigital (IDCC) banal during the 4th fourth (the 3 months ending connected Dec. 31, 2025). That reduced its presumption successful the exertion banal by astir 75%. Here’s what it means for investors.

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