14 Most Expensive Stocks Insiders Are Buying In March

9. International Flavors & Fragrances Inc. (NYSE:IFF)

Market Capitalization: $20.03 billion

International Flavors & Fragrances manufactures and markets flavors, fragrances, health and biosciences products, and pharmaceutical solutions globally. The New York-based company operates through four segments: Nourish (natural food ingredients and flavors), Health & Biosciences (health products and enzymes), Scent (fragrance compounds), and Pharma Solutions (pharmaceutical ingredients). Additionally, the company is also one of billionaire hedge fund manager Carl Icahn’s top 10 stock picks.

For the full year 2024, International Flavors & Fragrances reported net sales of $11.48 billion, consistent with the prior year. Net income per share was $0.95, which compares to $10.05 loss per share in 2023. Cash flow from operations for the full year was $1.07 billion, and free cash flow defined as cash flow from operations less capital expenditures totaled $607 million.

In March, two insiders acquired a total of $2.53 million worth of International Flavors & Fragrances shares at an average price of $80.34 per share. Currently, the stock trades at $78.06 per share, having lost 7.68% year-to-date, and 4.82% over the past 12 months.

According to StockAnalysis, 12 analysts rate International Flavors & Fragrances as “Buy” with a price target of $105.73. The average price target suggests a 35.57% upside.