Alpine Peaks Capital LP Reduces Stock Holdings in Interparfums, Inc. $IPAR

Alpine Peaks Capital LP decreased its holdings in Interparfums, Inc. (NASDAQ:IPAR) by 22.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 47,095 shares of the company’s stock after selling 13,661 shares during the period. Interparfums comprises about 3.8% of Alpine Peaks Capital LP’s portfolio, making the stock its 17th largest holding. Alpine Peaks Capital LP’s holdings in Interparfums were worth $3,995,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IPAR. Hantz Financial Services Inc. lifted its stake in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in Interparfums in the third quarter worth $35,000. Advisory Services Network LLC purchased a new stake in Interparfums in the third quarter worth $40,000. Global Retirement Partners LLC lifted its stake in Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Interparfums by 269.9% in the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock worth $45,000 after acquiring an additional 386 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Trading Down 3.6%

NASDAQ IPAR opened at $96.59 on Thursday. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $139.94. The firm has a market capitalization of $3.09 billion, a PE ratio of 18.33 and a beta of 1.16. The stock’s 50 day moving average is $93.04 and its 200 day moving average is $92.09.

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

Insider Buying and Selling at Interparfums

In related 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 transaction of $1,820,400.00. Following the sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at $643,178,357.82. The trade was a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 43.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

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.