Interdigital, Inc. insider trading
Every open-market purchase and sale by Interdigital, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Interdigital, Inc.’s insiders pay?
From January 8, 2010 to May 11, 2023, 18 insiders reported 4 open-market purchases and 32 sales not made under a pre-set plan in Interdigital, Inc. Twelve months after each purchase was reported, the shares were +3.0% against the S&P 500 on average (median +2.5%), over 4 purchases with a full year of prices; 100% beat the index. After sales, the shares moved +25.8% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on January 27, 2012 into $15,444 by November 2, 2026, +3.0% a year. It held shares 7% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $15,018 (+2.8% a year), and held throughout $74,049 (+14.6%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Roath Robert S | Director | 0 | — | — | 5 | +26.7% (5) | January 10, 2011 |
| Brezski Richard | Chief Financial Officer | 0 | — | — | 4 | +26.4% (4) | March 2, 2023 |
| Hakoranta Eeva K. | Chief Licensing Officer | 0 | — | — | 3 | +13.8% (3) | February 27, 2023 |
| Merritt William J | President and CEO | 1 | +2.5% (1) | 100% | 2 | +24.5% (2) | January 26, 2012 |
| Point Janet Meenehan | Exec VP, Comm.& Investor Rels. | 1 | +2.5% (1) | 100% | 2 | +23.4% (2) | January 26, 2012 |
| Isaacs Gary D | Chief Admin. Officer | 0 | — | — | 2 | +23.4% (2) | January 6, 2011 |
| Lemmo Mark A | EVP, Corp.& Bus. Development | 1 | +4.6% (1) | 100% | 1 | +58.0% (1) | January 30, 2012 |
| Mcquilkin Scott A | Chief Financial Officer | 0 | — | — | 2 | +24.5% (2) | January 6, 2011 |
| Nolan James J | Executive VP, R&D | 0 | — | — | 2 | +23.4% (2) | January 6, 2011 |
| Soni Naresh Himatlal | Chief Technology Officer | 0 | — | — | 2 | +27.2% (2) | January 6, 2011 |
| Amelio Gilbert F | Director | 0 | — | — | 1 | +23.1% (1) | April 4, 2012 |
| Clontz Steven T | Director | 1 | +2.5% (1) | 100% | 0 | — | January 26, 2012 |
| Cohen Eric | Chief Strategy& Growth Officer | 0 | — | — | 1 | +1.5% (1) | May 11, 2023 |
| Kiernan Brian G | Executive VP, Standards | 0 | — | — | 1 | +58.0% (1) | January 12, 2010 |
| Lesaicherre Pierre-Yves | Director | 0 | — | — | 1 | +48.4% (1) | August 12, 2022 |
| Markley John D. JR. | Director | 0 | — | — | 1 | +17.3% (1) | February 28, 2023 |
| Shay Lawrence F | Exec. VP, IP & Chf. IP Counsel | 0 | — | — | 1 | +58.0% (1) | January 12, 2010 |
| Sprecher Steven Wayne | General Counsel & Secretary | 0 | — | — | 1 | −11.1% (1) | January 6, 2011 |
When several insiders traded Interdigital, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Interdigital, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged −32.2% against the index. After 3 selling crowds, +18.3%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| March 31, 2023 | 3 selling | +23.6% | +6.1% | +5.0% |
| January 31, 2012 | 4 buying | −34.4% | −32.2% | +4.6% |
| January 31, 2011 | 9 selling | −11.4% | +39.0% | −26.0% |
| November 30, 2010 | 3 selling | +30.1% | +9.9% | +25.3% |