In its most recent SEC filing for the third quarter, Allspring Global Investments Holdings LLC disclosed an 89.1% reduction in its InterDigital position. The firm sold 36,041 shares of the wireless communications technology provider, retaining just 4,413 shares. As of the filing date, those remaining shares were valued at approximately $1.54 million. This steep divestiture marks one of the largest portfolio shifts by a major institutional investor in InterDigital during the period.

Several large asset managers also reshaped their InterDigital holdings in the same quarter. Wedge Capital Management initiated a new stake valued at roughly $67.28 million. Bank of Montreal Canada modestly increased its position by 0.8%, adding 911 shares to reach 109,222 shares (worth $24.49 million). Prudential Financial lifted its stake by 7.4% to 26,993 shares ($6.05 million), while Vontobel Holding more than doubled its allocation—up 144.3% to 12,043 shares ($4.16 million). Inspire Investing grew its holding by 37.9%, to 15,227 shares ($3.15 million). Institutional and hedge fund ownership now accounts for 99.83% of the company’s outstanding stock.

InterDigital reported third-quarter earnings per share of $1.93, surpassing consensus estimates by $0.14, on revenue of $164.68 million—28.0% higher year-over-year and $11.25 million above analysts’ expectations. The company’s return on equity was 51.89%, with a net margin of 53.50%. Management set full-year 2025 EPS guidance in a range of 14.570 to 14.830, and fourth-quarter EPS between 1.380 and 1.630. In parallel, InterDigital declared a quarterly dividend of $0.70 per share, equating to an annualized payout of $2.80 and a 0.9% yield; the dividend payout ratio stands at 18.89%.