Congress Asset Management Co. reduces stake in InterDigital during Q3
What happened
During the third quarter, Congress Asset Management Co. lifted its stake in shares of InterDigital by 8.7%. The institutional investor held 458,053 shares after purchasing an additional 36,620 shares during the period. As of its most recent filing, Congress Asset Management Co.'s holdings in InterDigital were valued at $149,357,000.
From themarketsdaily.com
Why it matters
The adjustment by Congress Asset Management Co. reflects shifts in institutional investment sentiment toward InterDigital. The company's stock represents about 0.9% of Congress Asset Management Co.'s total portfolio. Other investors, including Polaris Financial Partners, Tidal Investments LLC, and Integrated Wealth Concepts LLC, also made purchases or increases to their holdings during the period.
From themarketsdaily.com
Who's involved
- InterDigitalWireless communications provider whose stock was traded