Alpine Peaks Capital LP Sells 13,661 Shares of Interparfums, Inc. $IPAR

Alpine Peaks Capital LP lowered its stake in Interparfums, Inc. (NASDAQ:IPAR) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,095 shares of the company’s stock after selling 13,661 shares during the quarter. Interparfums makes up 3.8% of Alpine Peaks Capital LP’s investment portfolio, making the stock its 17th largest position. Alpine Peaks Capital LP owned about 0.15% of Interparfums worth $3,995,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in IPAR. Norges Bank bought a new position in Interparfums in the 4th quarter worth about $19,313,000. Royce & Associates LP boosted its stake in Interparfums by 42.0% in the 4th quarter. Royce & Associates LP now owns 683,201 shares of the company’s stock worth $57,956,000 after purchasing an additional 202,207 shares during the period. Millennium Management LLC boosted its stake in Interparfums by 823.0% in the 3rd quarter. Millennium Management LLC now owns 205,526 shares of the company’s stock worth $20,220,000 after purchasing an additional 183,258 shares during the period. Squarepoint Ops LLC boosted its stake in Interparfums by 249.3% in the 2nd quarter. Squarepoint Ops LLC now owns 225,907 shares of the company’s stock worth $29,664,000 after purchasing an additional 161,239 shares during the period. Finally, Man Group plc boosted its stake in Interparfums by 572.8% in the 2nd quarter. Man Group plc now owns 187,058 shares of the company’s stock worth $24,563,000 after purchasing an additional 159,254 shares during the period. Institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

Shares of IPAR opened at $96.59 on Thursday. The company has a market cap of $3.09 billion, a PE ratio of 18.33 and a beta of 1.16. The company has a current ratio of 3.26, a quick ratio of 2.05 and a debt-to-equity ratio of 0.10. The stock has a 50-day moving average price of $93.04 and a 200-day moving average price of $92.09. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $139.94.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21. The company had revenue of $344.89 million for the quarter, compared to analysts’ expectations of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.Interparfums’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm posted $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts forecast that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on IPAR. BWS Financial restated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Finally, TD Cowen started coverage on Interparfums in a research report on Monday, June 1st. They set a “buy” rating and a $110.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $106.00.

Insider Buying and Selling

In other Interparfums news, CEO Jean Madar sold 20,000 shares of Interparfums stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total value of $1,820,400.00. Following the transaction, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. The trade was a 0.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 43.70% of the stock is owned by company insiders.

Interparfums 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.