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In a recent disclosure filed with the Securities and Exchange Commission, Interparfums Inc. (NASDAQ:IPAR), currently trading at $140.79 and maintaining a "GREAT" financial health score according to InvestingPro, reported that Philippe Santi, the Executive Vice President of Interparfums SA, executed a series of transactions involving the company’s common stock. On June 10 and June 11, Santi sold a total of 2,000 shares, generating proceeds of $278,509. The sales were executed at prices ranging from $139.0501 to $139.76 per share, with the stock currently trading near its 52-week high of $148.15.
In addition to the sales, Santi exercised options to acquire 2,000 shares at an exercise price of $73.09 per share. After these transactions, Santi holds no shares of Interparfums Inc. directly. These transactions reflect Santi’s ongoing engagement with the company, where he serves as both a director and officer. InvestingPro analysis indicates the stock may be trading at premium valuations with a P/E ratio of 27.15x, though the company maintains a perfect Piotroski Score of 9, indicating strong financial fundamentals. Subscribers can access 12 additional ProTips and comprehensive valuation metrics in the Pro Research Report.
In other recent news, Inter Parfums (EPA:IPAR) reported impressive financial results for the first quarter of 2025, surpassing analyst expectations. The company achieved earnings per share of $1.32, exceeding the forecast of $1.12, while revenue reached $339 million, surpassing the projected $329.21 million. This performance marks a 5% year-over-year revenue increase and a gross margin improvement of 120 basis points to 63.7%. Inter Parfums also reaffirmed its full-year guidance, expecting net sales of $1.51 billion. In other developments, Piper Sandler maintained its Overweight rating on Inter Parfums, with a price target of $143.00, citing confidence in the company’s market position and strategic initiatives. The firm highlighted Inter Parfums’ focus on brand reinvestment and new product introductions as key growth drivers. Piper Sandler’s analysis underscores the company’s strong financial health and limited risk to margins or cash flow. These recent developments reflect a positive outlook for Inter Parfums in the fragrance market.
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