An Insider With International Flavors & Fragrances Inc (IFF) Lowers Exposure


International Flavors & Fragrances Inc (NYSE:IFF), saw it’s Senior Vice President of Research and Development lower her holdings with the corporation. Ahmet Baydar lowered his stake by selling 698 shares of common stock at prices ranging from $103.81 to $103.98 per share. Following this transaction, Baydar now holds 27,293 shares directly, and has 421 shares indirectly invested in the company through a 401k.

International Flavors & Fragrances Inc (NYSE:IFF) is an $8.49 billion corporation that operates in over 10 countries worldwide. The company creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries.

As well, two hedge funds have large holdings in the corporation. Mario Gabelli‘s Gamco Investors rose it’s activity by 10% last quarter, and now has 987,197 shares worth about $94.4 million; while Marshall Wace Llp, the hedge fund run by Paul Marshall And Ian Wace also rose it’s profile last quarter, by 63%, and now has 682,607 shares worth approximately $65.3 million invested in International Flavors & Fragrances Inc (NYSE:IFF).

Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.

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