Patrick Choel

Patrick Choel, listed as board member, appears in our data through filings on Inter Parfums Inc shares, published by SEC (Form 4). Between 9 February 2009 and 6 December 2022, the trades on record add up to 55 filings.

In open-market terms, that means 7 purchases worth €23k on one side and 11 sales worth €394k on the other. Netting one side against the other leaves €371k of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 37 option exercises.

A typical purchase (the median) is worth €2,606. Ninety days after publication, 7 purchases show a median change of +27.6%, with the price up in 100% of them. This is a record of the past, not a forecast.

On 8 December 2022 came the latest disclosure, an option exercise for €11k in Inter Parfums Inc. The clock since the last published purchase (19 March 2009) now reads 6,428 days. Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.