The EX VP and CFO of Inter Parfums is Exercising Options


Today, the EX VP and CFO of Inter Parfums, Russell Greenberg , exercised options of Inter Parfums (NASDAQ: IPAR) for $748.6K.

Following Russell Greenberg’s last IPAR Sell transaction on January 19, 2018, the stock climbed by 3.7%. In addition to Russell Greenberg, 2 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 $1.6B and the company has a P/E ratio of 36.09. Currently, Inter Parfums has an average volume of 142.7K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $55.00, reflecting a -6.4% downside.

The insider sentiment on Inter Parfums has been negative according to 18 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Russell Greenberg’s trades have generated a -15.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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