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

Interparfums, Inc. (NASDAQ:IPAR) CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Interparfums Price Performance

Shares of Interparfums stock remained flat at $90.61 on Friday. The stock had a trading volume of 435,505 shares, compared to its average volume of 280,589. The company has a quick ratio of 1.97, a current ratio of 2.99 and a debt-to-equity ratio of 0.11. The stock’s fifty day moving average is $96.33 and its 200-day moving average is $92.13. The stock has a market cap of $2.91 billion, a PE ratio of 17.29 and a beta of 1.25. Interparfums, Inc. has a fifty-two week low of $77.21 and a fifty-two week high of $142.61.

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. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The firm had revenue of $386.18 million during the quarter, compared to analysts’ expectations of $366.76 million. During the same quarter last year, the firm earned $0.82 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Research analysts forecast that Interparfums, Inc. will post 5.14 EPS for the current year.

Interparfums Announces Dividend

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

Hedge Funds Weigh In On Interparfums

Several large investors have recently modified their holdings of the business. Exchange Traded Concepts LLC acquired a new stake in shares of Interparfums during the 3rd quarter worth about $34,000. Hantz Financial Services Inc. lifted its position in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock valued at $29,000 after buying an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Interparfums in the third quarter valued at about $35,000. Advisory Services Network LLC purchased a new position in Interparfums during the third quarter worth about $40,000. Finally, Global Retirement Partners LLC increased its position in shares of Interparfums by 39.0% during the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after acquiring an additional 135 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Analyst Ratings Changes

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

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.