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

Interparfums, Inc. (NASDAQ:IPAR) CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was 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 owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. The trade was a 0.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Interparfums Stock Performance

NASDAQ:IPAR opened at $90.61 on Friday. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61. The firm’s fifty day simple moving average is $96.16 and its 200 day simple moving average is $91.93. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $2.91 billion, a PE ratio of 17.29 and a beta of 1.25.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.10. The firm had revenue of $386.18 million during 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 business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts anticipate that Interparfums, Inc. will post 5.14 EPS for the current year.

Interparfums Announces Dividend

The firm also recently declared 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 of this dividend was Monday, March 16th. Interparfums’s payout ratio is currently 61.07%.

Wall Street Analyst Weigh In

IPAR has been the subject of a number of research reports. BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a report on Thursday, January 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Jefferies Financial Group started coverage on Interparfums in a report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $110.67.

Institutional Trading of Interparfums

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Interparfums by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after purchasing an additional 62,832 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Interparfums by 10.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 776,043 shares of the company’s stock valued at $65,831,000 after purchasing an additional 73,159 shares during the period. Westwood Holdings Group Inc. raised its holdings in shares of Interparfums by 66.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 775,590 shares of the company’s stock worth $101,843,000 after buying an additional 310,712 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Interparfums by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock worth $63,917,000 after buying an additional 23,767 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Interparfums by 17.3% during the 4th quarter. First Trust Advisors LP now owns 736,782 shares of the company’s stock worth $62,501,000 after buying an additional 108,433 shares during the period. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Company Profile

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.