Dynamic Technology Lab Private Ltd Takes Position in Interparfums, Inc. $IPAR

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new stake in Interparfums, Inc., purchasing 17,423 shares valued at approximately $1.98 million, which represents about 0.05% of the company.
• Interparfums recently reported earnings per share of $0.99 for the quarter, missing the consensus estimate of $1.10, and their revenue decreased by 2.3% compared to the same quarter last year.
• Institutional investors own 55.57% of Interparfums, with Charles Schwab Investment Management significantly increasing its stake by 251.4% during the first quarter of the year.

Dynamic Technology Lab Private Ltd acquired a new stake in Interparfums, Inc. (NASDAQ:IPAR - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 17,423 shares of the company's stock, valued at approximately $1,984,000. Dynamic Technology Lab Private Ltd owned about 0.05% of Interparfums as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in shares of Interparfums by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 89,580 shares of the company's stock valued at $10,200,000 after purchasing an additional 2,041 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Interparfums in the 1st quarter valued at $1,714,000. Envestnet Asset Management Inc. boosted its stake in shares of Interparfums by 10.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 122,594 shares of the company's stock valued at $13,960,000 after purchasing an additional 11,784 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Interparfums in the 1st quarter valued at $470,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Interparfums by 251.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 699,438 shares of the company's stock valued at $79,645,000 after purchasing an additional 500,378 shares during the last quarter. 55.57% of the stock is owned by institutional investors.

Interparfums Trading Down 1.2%

NASDAQ:IPAR opened at $113.10 on Friday. The firm's fifty day moving average is $122.93 and its 200-day moving average is $123.34. The firm has a market cap of $3.63 billion, a P/E ratio of 22.67 and a beta of 1.44. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.69 and a current ratio of 2.96. Interparfums, Inc. has a 52 week low of $97.65 and a 52 week high of $148.15.

Interparfums (NASDAQ:IPAR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.11). The company had revenue of $333.94 million during the quarter, compared to the consensus estimate of $357.58 million. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The business's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.14 EPS. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. Equities analysts expect that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Insider Buying and Selling at Interparfums

In other news, Director Gilbert Harrison sold 400 shares of Interparfums stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $133.96, for a total value of $53,584.00. Following the completion of the sale, the director owned 1,550 shares in the company, valued at $207,638. The trade was a 20.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Philippe Santi sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $139.23, for a total value of $139,230.00. The disclosure for this sale can be found here. Insiders own 43.70% of the company's stock.

Interparfums Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.

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