Interparfums (NASDAQ:IPAR) CEO Jean Madar Sells 20,000 Shares

Interparfums, Inc. (NASDAQ:IPAR) CEO Jean Madar sold 20,000 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the completion of the sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Interparfums Stock Performance

Shares of Interparfums stock opened at $90.61 on Friday. The stock has a market cap of $2.91 billion, a PE ratio of 17.29 and a beta of 1.25. The firm has a fifty day moving average price of $96.16 and a 200 day moving average price of $92.02. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.78 by $0.10. The company had revenue of $386.18 million for the quarter, compared to analyst estimates of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.82 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts predict that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Interparfums Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, March 16th. Interparfums’s dividend payout ratio is currently 61.07%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group began coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target on the stock. Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Interparfums presently has a consensus rating of “Moderate Buy” and an average target price of $110.67.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IPAR. Hantz Financial Services Inc. raised its holdings in shares of Interparfums by 172.2% during the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock valued at $29,000 after acquiring an additional 217 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in Interparfums in the 3rd quarter valued at $34,000. Aster Capital Management DIFC Ltd purchased a new position in Interparfums in the 3rd quarter valued at $35,000. Advisory Services Network LLC acquired a new stake in Interparfums during the 3rd quarter worth $40,000. Finally, Global Retirement Partners LLC grew its holdings in shares of Interparfums by 39.0% during the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after buying an additional 135 shares in the last quarter. 55.57% of the stock is owned by hedge funds and other institutional investors.

About Interparfums

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.