The DirExprt InterparfumsSA of Inter Parfums is Exercising Options


Today, the DirExprt InterparfumsSA of Inter Parfums, Pelayo Frederic Garcia, exercised options of Inter Parfums (NASDAQ: IPAR) for $256.2K.

Following Pelayo Frederic Garcia’s last IPAR Sell transaction on March 28, 2018, the stock climbed by 6.3%. In addition to Pelayo Frederic Garcia, 3 other IPAR executives reported Sell trades in the last month.

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Based on Inter Parfums’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $172 million and quarterly net profit of $15.91 million. In comparison, last year the company earned revenue of $143 million and had a net profit of $13.37 million. IPAR’s market cap is $1.66B and the company has a P/E ratio of 37.36. Currently, Inter Parfums has an average volume of 148.9K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $55.00, reflecting a -3.6% downside.

The insider sentiment on Inter Parfums has been negative according to 21 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Inter Parfums, Inc. engages in the business of manufacturing, marketing and distributing wide array of fragrances and fragrance related products. It operates through following segments: European Based Operations and United States Based Operations.

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