IFF
International Flavors & Fragran
Early Trend Expansion, sector confirmed; strongest on volatility (20/20); weakest on sponsorship (8/20). Last earnings neutral (+0.4%); 3 insiders buying.
Early Trend Expansion
XLB
sector confirmed
no CFO purchase$32,286,445 other insiders (4)
3 insider(s)
net purchase ratio +0.92
buy date unknown
68
conviction / 100
unchanged since 26 Aug
70.1
technical / 100
$25,000–$35,000
Standard
Regime clarity17.4
Sponsorship / positioning7.7
Volatility behaviour20.0
Catalyst alignment (insider)11.5
Cross-asset confirmation11.0
Last
87.12
Add above
89.32
Cut below
80.87
50DMA
79.99
200DMA
73.35
IFF — daily, 14 months
XLB — sector ETF, daily, 14 months
Pillar detail, thesis support and invalidation
Regime clarity
What strengthens the thesis
- price above 200DMA
- 200DMA rising
- 50DMA rising
- higher highs and higher lows
- efficiency ratio 0.17
- OBV 50d slope +0.003 avg-daily-volumes/bar
- no OBV divergence at highs
- OBV fell through last pullback
- last pullback 8.0% deep
- no wide downside expansion bars (30d)
- ATR contracting vs 20d mean
- cluster: 3 distinct insiders buying (1 CEO, 3 Director)
- net purchase ratio +0.92 (3 buying vs 5 selling)
- NO CFO purchase in the window — the CFO-specific terms score zero
- other insiders bought $32,286,445 (1 CEO, 3 Director) — counted through cluster breadth and net buying only
- no CFO buy to date — recency not scored
- closest sector ETF: XLB
- XLB above rising 200DMA (sector-led)
- XLB vs SPY 6m: -9.1 pts
- stock vs XLB RS (3m/6m avg): +8.4 pts
- A confirmed higher high above 89.32 on expanding OBV.
- Pullbacks that hold the rising 50DMA with flat-to-rising OBV.
- XLB extending its own trend while the stock holds relative strength.
- Continued base-building above the reclaimed 200DMA without volatility expansion.
- Loss of the rising 50DMA (79.99) with expanding volatility — reduce.
- Breakdown below the prior structural base (80.87) — exit, no averaging down.
- OBV divergence during a price acceleration — reduce.
- Sector ETF losing its own 200DMA — remove capital regardless of stock behaviour.
- CFO: —
- 0 CFO purchase(s), $0 total; last filed 2026-06-02 17:22:26
- Market cap $22,242,039,808 · 20d avg dollar volume $131,717,972
Net buying across the insider group.
| Open-market purchases | $32,286,445 |
| Open-market sales | $1,332,296 |
| Sales after option exercise | $0 |
| Distinct buyers / sellers | 3 / 5 |
| Net purchase ratio | +0.92 |
| Net purchase ratio, excl. option-exercise sales | +0.92 |
No CFO purchase here — 4 purchase(s) by other insiders worth $32,286,445. These count toward cluster breadth and net buying, not the CFO-specific terms.
| Trade date | Insider | Shares | Price | Value | Price now vs buy |
|---|---|---|---|---|---|
| 24 Mar 2023 | Costa Mark JDirector | 25 | $82.28 | $2,057 | +5.9% |
| 12 Mar 2026 | Fribourg Paul JDirector | 156,459 | $70.12 | $10,971,329 | +24.2% |
| 12 Mar 2026 | Fyrwald J ErikCEO | 14,260 | $69.79 | $995,204 | +24.8% |
| 01 Jun 2026 | Fribourg Paul JDirector | 273,500 | $74.29 | $20,317,855 | +17.3% |
8 material events; 0 taken well, 0 badly; last earnings 04 Aug: neutral (+0.4%).
| Session | Filing | Event | Gap | Day | vs SPY | Vol | +5d | Read |
|---|---|---|---|---|---|---|---|---|
| 04 Aug 26 | 8-K · earnings | Results of operations (earnings); Other material event | +0.0% | +0.4% | -1.4% | 1.0x | +5.1% | Neutral |
| 04 Aug 26 | 10-Q | Quarterly report | +0.0% | +0.4% | -1.4% | 1.0x | +5.1% | Neutral |
| 04 Aug 26 | 8-K | Regulation FD disclosure | +0.0% | +0.4% | -1.4% | 1.0x | +5.1% | Neutral |
| 23 Jun 26 | 8-K | Material agreement; Material obligation created | -0.5% | -1.6% | -0.2% | 0.9x | +6.0% | Neutral |
| 01 Jun 26 | 8-K | Material agreement; Other material event | -2.7% | -2.4% | -2.6% | 1.1x | -2.2% | Neutral |
| 05 May 26 | 8-K · earnings | Results of operations (earnings) | +0.1% | +1.0% | +0.2% | 1.4x | +10.9% | Neutral |
| 05 May 26 | 10-Q | Quarterly report | +0.1% | +1.0% | +0.2% | 1.4x | +10.9% | Neutral |
| 04 May 26 | 8-K | Material event | -0.8% | -1.0% | -0.7% | 1.2x | +12.4% | Neutral |