Veronique Gabai-Pinsky Sells 900 Shares of Interparfums (NASDAQ:IPAR) Stock

Interparfums, Inc. (NASDAQ:IPAR) Director Veronique Gabai-Pinsky sold 900 shares of Interparfums stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the sale, the director directly owned 900 shares in the company, valued at $105,174. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Interparfums Stock Performance

Interparfums stock opened at $117.78 on Friday. The business has a 50 day moving average of $117.89 and a 200-day moving average of $102.52. The company has a market capitalization of $3.77 billion, a P/E ratio of 22.52 and a beta of 1.11. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $129.29. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.31 and a quick ratio of 2.00.

Interparfums (NASDAQ:IPAR) last posted its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.95. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm had revenue of $341.04 million for the quarter, compared to analyst estimates of $341.00 million. During the same period in the previous year, the firm posted $0.99 EPS. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities research analysts predict that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its stake in shares of Interparfums by 2.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock valued at $357,000 after purchasing an additional 100 shares during the period. Osaic Holdings Inc. grew its stake in Interparfums by 1.6% during the second quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock worth $865,000 after purchasing an additional 106 shares during the period. ProShare Advisors LLC increased its holdings in Interparfums by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock worth $302,000 after purchasing an additional 107 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Interparfums by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock worth $224,000 after purchasing an additional 110 shares in the last quarter. Finally, State of Wyoming lifted its stake in Interparfums by 23.0% in the fourth quarter. State of Wyoming now owns 600 shares of the company’s stock valued at $51,000 after buying an additional 112 shares during the period. 55.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on IPAR. Berenberg Bank downgraded Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a report on Friday, August 14th. Canaccord Genuity Group raised their price objective on Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. TD Cowen cut Interparfums from a “buy” rating to a “hold” rating and upped their target price for the company from $110.00 to $120.00 in a report on Monday, August 10th. Finally, BWS Financial downgraded shares of Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 target price for the company. in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Interparfums has an average rating of “Hold” and an average price target of $123.29.

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.