Director Costa bought 25 shares net-sold 5 across 4 transactions Mar–Oct 2023; stock down 14.8% from high.
Costa Mark J executed 2 purchases totaling 25 for $2,056.90 and 2 sales totaling 30 for $2,153.00 across the filing period, resulting in a net reduction of 5 shares (-1.1% vs pre-transaction holdings of 468 shares). The transaction prices ($84.27, $77.49, $80.95, $66.05) show declining momentum, with the final sale at $66.05 occurring as the stock continued to deteriorate; current price is $70.71, down 14.8% from the 52-week high of $83.00. His cross-ticker track record across 5 prior sells shows an 80.00% well-timed rate with avg 90d return -2.5%, but this same-ticker activity represents routine director holdings management rather than a concentrated bet. IFF reported a full-year net loss and annual revenue decline of -5.2%, and a cluster pattern shows 2 other insiders also bought within 14 days—a potential alignment signal during the stock's weakness.