Bragg Financial Advisors Increased Interdigital (IDCC) Stake by $970,120 as Share Value Declined; Intuit (INTU) Holder Middleton & Co Trimmed Position as Valuation Declined

InterDigital, Inc. (NASDAQ:IDCC) Logo

Middleton & Co Inc decreased its stake in Intuit (INTU) by 7.8% based on its latest 2018Q3 regulatory filing with the SEC. Middleton & Co Inc sold 1,765 shares as the company’s stock declined 7.98% with the market. The institutional investor held 20,856 shares of the prepackaged software company at the end of 2018Q3, valued at $4.74 million, down from 22,621 at the end of the previous reported quarter. Middleton & Co Inc who had been investing in Intuit for a number of months, seems to be less bullish one the $59.33 billion market cap company. The stock decreased 0.16% or $0.37 during the last trading session, reaching $228.59. About 1.09M shares traded. Intuit Inc. (NASDAQ:INTU) has risen 32.93% since February 13, 2018 and is uptrending. It has outperformed by 32.93% the S&P500. Some Historical INTU News: 21/05/2018 – Intuit Inc expected to post earnings of $4.68 a share – Earnings Preview; 22/05/2018 – TurboTax maker Intuit gets `gig economy’ bump; 25/04/2018 – INTUIT REPORTS 6% BOOST IN TURBOTAX ONLINE UNITS:; 15/05/2018 – Lindsell Cuts Kraft Heinz, Buys More Intuit: 13F; 16/05/2018 – Case: Negligence and Aiding and Abetting Claims Against Intuit Dismissed (N.D. Cal.) (IRC ยง7206); 25/04/2018 – Intuit Reports 6% Increase in TurboTax Online Units: Raises Full-Year Consumer Group Guidance Range; 02/04/2018 – Fidelity Select Tech Adds Intuit, Exits Wex, Cuts Facebook; 22/05/2018 – Intuit Sees 4Q Adj EPS 22c-Adj EPS 24c; 02/04/2018 – Fidelity Magellan Adds Intuit, Exits Caterpillar; 27/03/2018 – MOODY’S UPGRADES INTUIT SR UNSECURED TO A3; OUTLOOK STABLE

Bragg Financial Advisors Inc increased its stake in Interdigital Inc (IDCC) by 112.83% based on its latest 2018Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc bought 12,280 shares as the company’s stock declined 10.61% with the market. The institutional investor held 23,164 shares of the miscellaneous company at the end of 2018Q3, valued at $1.85M, up from 10,884 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Interdigital Inc for a number of months, seems to be bullish on the $2.48 billion market cap company. The stock increased 0.15% or $0.11 during the last trading session, reaching $73.4. About 115,967 shares traded. InterDigital, Inc. (NASDAQ:IDCC) has declined 5.20% since February 13, 2018 and is downtrending. It has underperformed by 5.20% the S&P500. Some Historical IDCC News: 04/04/2018 – InterDigital and Kyocera Corporation Sign Multi-Year Patent License Agreement; 12/04/2018 – Fon Acquires XCellAir to Reinforce Fontech’s Home WiFi Solution and Strengthen Its North American Presence; 24/05/2018 – lnterDigital Announces Webcast Details of Annual Meeting of Shareholders; 17/05/2018 – Henry Tirri Joins lnterDigital as Chief Technology Officer; 18/05/2018 – InterDigital Announces May and June 2018 Investor Conference Schedule; 21/03/2018 – lnterDigital Wins 5G Smart Tourism Bid; 23/05/2018 – InterDigital Presenting at Conference Tomorrow; 22/05/2018 – INTERDIGITAL ISSUES REV. GUIDANCE FOR 2Q $63M-$67M, EST. $64.0M; 05/03/2018 – lnterDigital Announces Conversion Rate Adjustment to and Convertibility of 1.50% Senior Convertible Notes Due 2020; 27/03/2018 – InterDigital at Company Marketing Hosted By FBR Today

Investors sentiment decreased to 1.12 in Q3 2018. Its down 0.13, from 1.25 in 2018Q2. It turned negative, as 24 investors sold INTU shares while 257 reduced holdings. 97 funds opened positions while 219 raised stakes. 215.92 million shares or 0.30% more from 215.26 million shares in 2018Q2 were reported. Bbva Compass Commercial Bank holds 0.23% or 16,992 shares in its portfolio. 1,040 are owned by First National Trust. Zweig holds 0.02% or 1,190 shares. Nuwave Investment Mngmt Lc holds 2,275 shares. The Japan-based Daiwa Sb Limited has invested 0.17% in Intuit Inc. (NASDAQ:INTU). Shell Asset Management invested 0.2% in Intuit Inc. (NASDAQ:INTU). Waverton Management Limited owns 216,484 shares. Barr E S reported 1,979 shares. Jupiter Asset Limited owns 99,744 shares for 0.65% of their portfolio. Toronto Dominion Bancorporation reported 0.07% of its portfolio in Intuit Inc. (NASDAQ:INTU). Sheets Smith Wealth Management reported 1.01% stake. Jaffetilchin Investment Limited Company has 0.09% invested in Intuit Inc. (NASDAQ:INTU) for 1,951 shares. 1,000 were reported by Finemark Bancorp & Tru. The California-based Hanson Mcclain Inc has invested 0% in Intuit Inc. (NASDAQ:INTU). Clifford Swan Investment Counsel Ltd reported 0.71% stake.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on February, 28. They expect $0.57 EPS, up 612.50% or $0.49 from last year’s $0.08 per share. INTU’s profit will be $147.93M for 100.26 P/E if the $0.57 EPS becomes a reality. After $-0.03 actual EPS reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -2,000.00% EPS growth.

More notable recent Intuit Inc. (NASDAQ:INTU) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Altria, EA, Embraer, Gap, Kinder Morgan, Netflix, Nike, Take-Two, Under Armour and Many More – 24/7 Wall St.” on January 22, 2019, also Nasdaq.com with their article: “IGV, ORCL, INTU, ATVI: Large Inflows Detected at ETF – Nasdaq” published on January 24, 2019, Investorplace.com published: “5 Fintech Stocks to Buy As This Mega Trend Gains Steam – Investorplace.com” on February 04, 2019. More interesting news about Intuit Inc. (NASDAQ:INTU) were released by: Businesswire.com and their article: “Intuit Donates $2 Million to Local Food Banks to Assist U.S. Federal Workers – Business Wire” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Preparing For The End Of The Cycle (Part X): Intuit – Seeking Alpha” with publication date: January 15, 2019.

Among 26 analysts covering Intuit (NASDAQ:INTU), 13 have Buy rating, 3 Sell and 10 Hold. Therefore 50% are positive. Intuit had 124 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Intuit Inc. (NASDAQ:INTU) earned “Buy” rating by Oppenheimer on Monday, January 29. As per Friday, July 15, the company rating was downgraded by Barclays Capital. Deutsche Bank maintained Intuit Inc. (NASDAQ:INTU) rating on Wednesday, November 4. Deutsche Bank has “Buy” rating and $120 target. The stock of Intuit Inc. (NASDAQ:INTU) has “Buy” rating given on Thursday, October 4 by Argus Research. As per Sunday, September 24, the company rating was maintained by RBC Capital Markets. Oppenheimer maintained Intuit Inc. (NASDAQ:INTU) rating on Friday, September 18. Oppenheimer has “Outperform” rating and $96 target. The firm earned “Hold” rating on Wednesday, September 6 by Moffett Nathanson. As per Friday, November 20, the company rating was maintained by UBS. The rating was maintained by Raymond James on Saturday, August 22 with “Buy”. Citigroup maintained it with “Neutral” rating and $229 target in Friday, August 24 report.

Middleton & Co Inc, which manages about $602.39 million and $641.02M US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 2,237 shares to 130,920 shares, valued at $29.55 million in 2018Q3, according to the filing. It also increased its holding in Nextera Energy Inc (NYSE:NEE) by 3,329 shares in the quarter, for a total of 31,573 shares, and has risen its stake in Alphabet Inc.

Since August 27, 2018, it had 0 insider buys, and 15 selling transactions for $192.53 million activity. Another trade for 19,018 shares valued at $4.16 million was made by STANSBURY HENRY TAYLOE on Thursday, September 6. COOK SCOTT D sold $22.03 million worth of stock. Another trade for 4,554 shares valued at $979,360 was sold by POWELL DENNIS D. Shares for $1.01M were sold by Johnson Gregory N. SMITH BRAD D sold $4.61M worth of Intuit Inc. (NASDAQ:INTU) on Wednesday, November 28. FLOURNOY MARK J sold 9,292 shares worth $2.03 million.

Investors sentiment decreased to 1.12 in 2018 Q3. Its down 0.26, from 1.38 in 2018Q2. It worsened, as 26 investors sold IDCC shares while 71 reduced holdings. 36 funds opened positions while 73 raised stakes. 24.54 million shares or 2.57% less from 25.18 million shares in 2018Q2 were reported. Oakworth Capital holds 0% or 215 shares in its portfolio. General Amer holds 0.92% in InterDigital, Inc. (NASDAQ:IDCC) or 133,966 shares. Sg Americas Securities Ltd Llc reported 55,091 shares or 0.03% of all its holdings. 5,850 were reported by Pub Employees Retirement Association Of Colorado. Citigroup Inc, a New York-based fund reported 26,983 shares. Goodman Financial Corp has invested 3.38% in InterDigital, Inc. (NASDAQ:IDCC). 22,296 are owned by Dean Management. M&T Commercial Bank reported 0% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC). Price T Rowe Associates Md stated it has 0% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC). Oakbrook Investments Lc holds 0.01% in InterDigital, Inc. (NASDAQ:IDCC) or 2,650 shares. Georgia-based Vident Inv Advisory Llc has invested 0.18% in InterDigital, Inc. (NASDAQ:IDCC). Cardinal Mgmt, a North Carolina-based fund reported 6,844 shares. United Ser Automobile Association holds 11,911 shares. Brandywine Global Invest Management Ltd Com owns 105,153 shares for 0.05% of their portfolio. Rhumbline Advisers owns 93,729 shares.

Among 7 analysts covering InterDigital (NASDAQ:IDCC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. InterDigital had 27 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by B. Riley & Co with “Buy” on Tuesday, February 23. The stock of InterDigital, Inc. (NASDAQ:IDCC) earned “Equal Weight” rating by Barclays Capital on Friday, September 9. FBR Capital maintained InterDigital, Inc. (NASDAQ:IDCC) on Wednesday, April 11 with “Buy” rating. FBR Capital maintained InterDigital, Inc. (NASDAQ:IDCC) rating on Friday, March 2. FBR Capital has “Buy” rating and $94.0 target. On Wednesday, January 10 the stock rating was maintained by FBR Capital with “Buy”. The rating was maintained by B. Riley & Co on Thursday, June 8 with “Buy”. The firm has “Buy” rating by FBR Capital given on Monday, February 12. The company was initiated on Tuesday, September 29 by Sidoti. On Friday, February 24 the stock rating was maintained by Barclays Capital with “Equal Weight”. The company was maintained on Wednesday, August 23 by B. Riley & Co.

More notable recent InterDigital, Inc. (NASDAQ:IDCC) news were published by: Nasdaq.com which released: “InterDigital (IDCC) Q3 Earnings Preview: What’s in the Cards? – Nasdaq” on October 25, 2018, also Seekingalpha.com with their article: “InterDigital Inc. Is A Buy – Seeking Alpha” published on June 08, 2018, Nasdaq.com published: “Badger Meter (BMI) Beats on Q4 Earnings, Falters on Revenues – Nasdaq” on February 06, 2019. More interesting news about InterDigital, Inc. (NASDAQ:IDCC) were released by: Globenewswire.com and their article: “InterDigital Demonstrates World’s First Service-Based 5G Control Plane – GlobeNewswire” published on July 05, 2018 as well as Globenewswire.com‘s news article titled: “InterDigital Announces Financial Results for Third Quarter 2018 – GlobeNewswire” with publication date: November 01, 2018.

InterDigital, Inc. (NASDAQ:IDCC) Institutional Positions Chart