Insider Trading April 3, 2026

Interparfums CEO Sells $1.82M in Shares; Holdings Reduced to 7.07M

Form 4 filing shows Jean Madar sold 20,000 shares; company posted Q4 2025 beats but stock slipped in premarket trading

By Avery Klein IPAR
Interparfums CEO Sells $1.82M in Shares; Holdings Reduced to 7.07M
IPAR

Jean Madar, chief executive officer of Interparfums Inc (NASDAQ: IPAR), sold 20,000 shares of the company on April 2, 2026, in a transaction disclosed on a Form 4 with the SEC. The sale, executed at $91.018 per share, totaled approximately $1.82 million and reduced holdings of Jean Madar Holding SAS to 7,066,341 shares. The company posted fourth-quarter 2025 results that exceeded Wall Street estimates on both earnings and revenue, though the stock moved lower in premarket trading.

Key Points

  • CEO Jean Madar sold 20,000 shares at $91.018 per share, raising about $1.82 million and lowering the indirect holding to 7,066,341 shares.
  • Interparfums reported fourth-quarter 2025 results that beat estimates on both EPS ($0.88 vs. $0.73) and revenue ($386.18M vs. $366.83M), yet shares fell in premarket trading.
  • The company is noted as a $2.91 billion fragrance firm with a 3.53% dividend yield and a 25-year streak of dividend payments; a Fair Value analysis indicates the stock may be undervalued.

Transaction details

Interparfums Inc's chief executive officer, Jean Madar, reported the sale of 20,000 shares of common stock in a Form 4 filing with the Securities and Exchange Commission dated April 2, 2026. The shares were sold at $91.018 each, producing gross proceeds of roughly $1.82 million. At the time of the filing, the stock was trading at $90.61, which is slightly below the price achieved in the reported transaction.

Post-sale holdings

The sale reduced the stake held by Jean Madar Holding SAS to 7,066,341 shares of Interparfums Inc. Those shares are held indirectly by a personal holding company. In addition to the indirect holdings, Madar is shown as directly owning 10,500 shares.

Company profile and dividend data

Interparfums is described as a $2.91 billion fragrance company that pays a dividend yield of 3.53% and has maintained dividend payments for 25 consecutive years. A Fair Value analysis referenced in the filing material indicates the stock is currently undervalued. For investors seeking more detailed coverage, comprehensive Pro Research Reports are available that include Interparfums and a broad slate of other U.S. equities.

Recent financial performance

In related company news, Interparfums reported its fourth-quarter 2025 results, posting an earnings per share of $0.88 versus a Wall Street projection of $0.73, a 20.55% positive surprise. Revenue for the period reached $386.18 million, topping the expected $366.83 million and producing a 5.27% surprise. Despite those upside results on both the top and bottom lines, the company’s shares experienced a decline in premarket trading following the release.

Context and takeaways

The filing documents a material insider sale by the chief executive and shows a meaningful indirect holding retained by a personal holding company. Simultaneously, the company demonstrated the ability to beat consensus estimates in the latest quarter on both EPS and revenue, while the market reaction prior to the open was negative. These combined facts provide a snapshot of recent insider activity, company financial performance, and near-term market response.


Key data points

  • Insider transaction: 20,000 shares sold at $91.018 each on April 2, 2026 (Form 4 filing); proceeds ~ $1.82 million.
  • Holdings: Jean Madar Holding SAS now holds 7,066,341 shares; Jean Madar directly owns 10,500 shares.
  • Q4 2025 results: EPS $0.88 vs. $0.73 expected (20.55% surprise); revenue $386.18M vs. $366.83M expected (5.27% surprise).
  • Company metrics: $2.91 billion market size, 3.53% dividend yield, 25 consecutive years of dividend payments; Fair Value flagged as undervalued.

Risks

  • Market reaction: Despite upside earnings and revenue surprises, the stock declined in premarket trading, indicating potential short-term volatility in the equity market.
  • Insider disposition: The CEO's sale reduced indirect holdings, which could be perceived variably by investors and may affect sentiment within the consumer discretionary and fragrance sectors.
  • Valuation uncertainty: Although a Fair Value analysis suggests the shares are undervalued, actual market pricing and near-term trading behavior may not align with that assessment.

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