Inter Parfums Insiders Sell US$1.4m Worth Of Stock, Suggesting Potential Weakness
December 29, 2023
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Inter Parfums ($NASDAQ:IPAR) is a leading global fragrance and beauty company that designs, manufactures, and distributes prestige fragrance and beauty products. Recently, Inter Parfums insiders have sold an estimated US$1.4m worth of stock in the company, suggesting potential weakness. This is not the first time that the company’s insiders have sold large amounts of stock this year, indicating that the company may not be as strong as it once was. The stock price of Inter Parfums has also been steadily declining since the start of the year, further suggesting potential weakness.
Investors should take caution when considering investing in Inter Parfums at this time. Although the company has had successes in the past and remains a leader in the fragrance and beauty industry, the recent insider sales combined with a declining stock price may be warning signs of potential trouble ahead. Therefore, investors should carefully consider the risks before making any investments in Inter Parfums.
Share Price
However, the same day, key insiders from the company sold a combined US$1.4 million worth of its shares, suggesting a potential weakening of the stock market’s confidence in the company. This is concerning for investors as it could indicate that the company’s performance may not have been as strong as expected. While more information is needed to understand the specifics of this insider trading activity, it is important to keep an eye on any further developments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Inter Parfums. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 158.83 | 12.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Inter Parfums. More…
| Operations | Investing | Financing |
| 147.6 | -58.37 | -55.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Inter Parfums. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.39k | 517.53 | 21.59 |
Key Ratios Snapshot
Some of the financial key ratios for Inter Parfums are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.6% | 67.6% | 20.3% |
| FCF Margin | ROE | ROA |
| 3.4% | 24.3% | 11.8% |
Analysis
GoodWhale analyzed INTER PARFUMS‘s financials and based on our Star Chart, we classified it as a ‘gorilla’, a company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. We believe this type of company may be of interest to value-seeking investors, those looking for long-term capital appreciation, and dividend investors. INTER PARFUMS is also strong in terms of asset, dividend, growth, and profitability. To top it off, it has a high health score of 8/10 with regard to its cashflows and debt, indicating it is capable to pay off debt and fund future operations. Our data suggests that INTER PARFUMS could be a great investment opportunity for those seeking stability and growth. More…
Peers
The company holds licenses for the brands of Burberry, Coach, Jimmy Choo, Karl Lagerfeld, Montblanc, Oscar de la Renta, Paul Smith, Van Cleef & Arpels, and S.T. Dupont. It competes with Kose Corp, Rocky Mountain Chocolate Factory Inc, MamaMancini’s Holdings Inc.
– KOSE Corp ($TSE:4922)
KOSE Corporation is a Japanese cosmetics company. It was founded in 1946 and its products are sold in over 30 countries. The company has a market capitalization of 843.21 billion as of 2022 and a return on equity of 5.91%. KOSE Corporation’s products include skincare, makeup, and fragrances. The company’s brands include Sekkisei, Jurlique, and La Mer.
– Rocky Mountain Chocolate Factory Inc ($NASDAQ:RMCF)
With a market cap of just under $40 million, Rocky Mountain Chocolate Factory is a small company. Nevertheless, it is a publicly traded company with a long history, dating back to its founding in 1981. The company produces and sells a variety of chocolate and caramel confections, as well as other sweet treats. It has over 300 franchise locations across the United States, Canada, and the United Arab Emirates. While the company’s ROE of -12.68% is not particularly impressive, it is worth noting that this figure is an improvement over its -21.67% ROE from the previous year. The company’s market cap and ROE are both likely to continue to fluctuate in the coming years, depending on a variety of factors.
– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)
MamaMancini’s Holdings Inc is a producer of ready-to-eat, all-natural beef, turkey, and pork meatballs, as well as other Italian-American cuisine. As of 2022, the company has a market cap of 39.22M and a ROE of -14.63%. MamaMancini’s specializes in ready-to-eat, all-natural beef, turkey, and pork meatballs, as well as other Italian-American cuisine. The company was founded in 1992 and is headquartered in Carlstadt, New Jersey.
Summary
Investors should take note of recent insider stock sales at Inter Parfums. Over US$1.4 million in stock was sold by insiders, which could indicate negative sentiment about the company’s financial prospects. Analysts have suggested that such sales could be a sign of potential weakness, and investors should use caution when considering investments in the company.
Additionally, it is important to study Inter Parfums’ financials and look for warning signs such as decreasing revenue, increased debt, or weak cash flow. It is also important to track the company’s performance in comparison to its competitors, as well as review any recent news related to the company, to get an accurate picture of its financial health.
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