CEO Jean sells 20,000 IPAR shares at $91.02; stock now $90.61, down 36.0% from 52-week high of $141.48
Madar Jean, CEO of InterParfums, sold 20,000 shares at $91.02 on 2026-04-02, representing a 0.3% reduction of his 7.07M-share post-transaction holding. The sale occurred as IPAR trades 36.0% below its 52-week high of $141.48 and has declined 5.1% over the past 30 days, though it is up 6.0% over 90 days. Notably, Jean's five prior sales at IPAR show a 100% well-timed pattern at the 90-day mark—all five generated negative 90-day returns (ranging from -4.6% to -12.3%), indicating he sold before subsequent stock declines. His cross-ticker track record across 7 prior sales also demonstrates strong timing discipline with a 100% well-timed rate at 90 days (average 90d return: -5.8%). Given the stock is trading significantly below its recent highs and his consistent historical pattern of selling before downturns, the timing of this latest sale warrants investor attention to whether IPAR's fundamentals have shifted or whether this signals anticipated deterioration ahead.