International Flavors & Fragrances Inc (IFF): Nicolas Mirzayantz , Group President Fragrance of International Flavors & Fragrances Inc sold 2,194 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $119.31 per share for a total value of $261,766.14 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 19, 2016, Nicolas Mirzayantz (Group President Fragrance) sold 2,194 shares at $119.31 per share price.On Oct 22, 2015, Francisco Fortanet (EVP, Operations) sold 1,150 shares at $113.42 per share price.Also, On Oct 14, 2015, Ahmet Baydar (EVP, Research & Development) sold 1,700 shares at $109.31 per share price.On Aug 18, 2015, Richard O’leary (Controller) sold 4,250 shares at $113.95 per share price.
International Flavors & Fragrances Inc: On Monday, Apr 18, 2016 heightened volatility was witnessed in International Flavors & Fragrances Inc which led to swings in the share price. The shares opened for trading at $119.23 and hit $121.49 on the upside , eventually ending the session at $121.24, with a gain of 1.04% or 1.25 points. The heightened volatility saw the trading volume jump to 3,73,812 shares. The 52-week high of the share price is $122.64 and the company has a market cap of $9,683 M . The 52-week low of the share price is at $97.24.
Company has been under the radar of several Street Analysts.International Flavors & Fragrances Inc is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jan 25, 2016.
Currently the company Insiders own 0.55% of International Flavors & Fragrances Inc shares according to the proxy statements.Institutional Investors own 80.46% of International Flavors & Fragrances Inc shares.During last six month period, the net percent change held by insiders has seen a change of -7.6%.
International Flavors & Fragrances Inc. (IFF) creates manufactures and supplies flavors and fragrances for the food beverage personal care and household products industries either in the form of compounds or individual ingredients. The company operates in two segments: Flavors and Fragrances. Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products such as prepared foods beverages dairy food and sweet products. Fragrances segment offers fragrance compounds including fine and fragrance ingredients. The Company’s products are sold principally to manufacturers of perfumes and cosmetics hair and other personal care products soaps and detergents cleaning products dairy meat and other processed foods beverages snacks and savory foods sweet and baked goods and pharmaceutical and oral care products.