Iron Mountain Incorporated (NYSE:IRM – Get Free Report) CAO Daniel Borges sold 7,189 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $125.50, for a total transaction of $902,219.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Iron Mountain Price Performance
Iron Mountain stock traded up $2.26 during midday trading on Tuesday, reaching $128.72. The stock had a trading volume of 1,003,733 shares, compared to its average volume of 1,758,061. The firm’s fifty day simple moving average is $114.25 and its two-hundred day simple moving average is $100.62. Iron Mountain Incorporated has a twelve month low of $77.77 and a twelve month high of $134.09. The firm has a market cap of $38.30 billion, a price-to-earnings ratio of 141.45 and a beta of 1.20.
Iron Mountain (NYSE:IRM – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.10. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the business posted $1.17 EPS. The company’s revenue was up 21.5% on a year-over-year basis. Iron Mountain has set its Q2 2026 guidance at 1.400-1.400 EPS and its FY 2026 guidance at 5.790-5.860 EPS. As a group, sell-side analysts predict that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.
Iron Mountain Announces Dividend
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on IRM shares. Wells Fargo & Company boosted their price target on shares of Iron Mountain from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price target on shares of Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Barclays boosted their price target on shares of Iron Mountain from $126.00 to $127.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Truist Financial set a $140.00 price objective on Iron Mountain in a report on Friday, May 1st. Finally, Loop Capital set a $130.00 price objective on Iron Mountain in a report on Wednesday, March 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $131.67.
Read Our Latest Analysis on IRM
Institutional Trading of Iron Mountain
Large investors have recently modified their holdings of the company. Dynamic Wealth Strategies LLC bought a new stake in shares of Iron Mountain during the 1st quarter worth $31,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Iron Mountain during the 4th quarter worth $25,000. Johnson Financial Group Inc. bought a new stake in shares of Iron Mountain during the 3rd quarter worth $32,000. Beaird Harris Wealth Management LLC boosted its holdings in shares of Iron Mountain by 17,500.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock worth $29,000 after buying an additional 350 shares during the period. Finally, Bayban acquired a new stake in Iron Mountain in the 4th quarter valued at approximately $33,000. 80.13% of the stock is owned by institutional investors.
Iron Mountain Company Profile
Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.
Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.
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