President Benacin sells 25,000 shares of IPAR at $83.24; stock down 21.1% over 90 days, 41.8% from 52-week high.
Benacin sold 25,000 shares (0.4% of holdings) at $83.24 on 2025-12-11, with Interparfums trading at $84.20 currently and down 21.1% over the past 90 days and 41.8% from its 52-week high of $144.54. His prior two sales at IPAR occurred on 2025-03-21 and 2024-03-04; of those, only one was well-timed at the 90-day horizon, suggesting mixed execution in this stock. The company's fundamentals remain intact with revenue of $429.6M, net income of $65.8M, annual growth of 10.2%, and a P/E of 16.41, but the significant price decline from the 52-week peak, combined with a 4.9% drop in the last 30 days, provides context for the sale timing. With modest position reduction and middling historical accuracy in prior trades at this ticker, this sale merits monitoring for whether it signals conviction about near-term weakness or reflects a routine portfolio adjustment.