Interparfums (NASDAQ:IPAR) Director Sells $105,174.00 in Stock

Interparfums, Inc. (NASDAQ:IPARGet Free Report) Director Veronique Gabai-Pinsky sold 900 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the transaction, the director owned 900 shares in the company, valued at $105,174. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Interparfums Trading Up 0.4%

Shares of IPAR stock opened at $117.78 on Friday. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $129.29. The company’s 50-day moving average price is $117.89 and its 200-day moving average price is $102.52. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 22.52 and a beta of 1.11.

Interparfums (NASDAQ:IPARGet Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.95. The company had revenue of $341.04 million during the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts predict that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Hedge Funds Weigh In On Interparfums

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in shares of Interparfums by 8.7% in the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after buying an additional 4,453 shares during the last quarter. AQR Capital Management LLC boosted its stake in Interparfums by 61.7% in the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock valued at $333,000 after acquiring an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Interparfums by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock valued at $1,235,000 after acquiring an additional 476 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Interparfums by 2.7% during the first quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Interparfums by 24.1% during the second quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,893 shares during the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

IPAR has been the topic of a number of recent research reports. Berenberg Bank lowered shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price target on the stock. in a research note on Friday, August 14th. Jefferies Financial Group raised their price objective on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. BWS Financial cut shares of Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective for the company. in a report on Monday, August 17th. The Goldman Sachs Group downgraded shares of Interparfums from a “buy” rating to a “neutral” rating and upped their target price for the stock from $110.00 to $129.00 in a research note on Monday, August 10th. Finally, Canaccord Genuity Group increased their target price on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $123.29.

View Our Latest Stock Report on Interparfums

Interparfums Company Profile

(Get Free Report)

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.

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