Insider Selling: Iron Mountain (NYSE:IRM) CEO Sells $4,725,761.42 in Stock

Posted by George Bondi on Jul 5th, 2026

Iron Mountain Incorporated (NYSE:IRM – Get Free Report) CEO William Meaney sold 38,474 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $122.83, for a total value of $4,725,761.42. Following the transaction, the chief executive officer owned 38,474 shares of the company’s stock, valued at $4,725,761.42. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Iron Mountain Price Performance

Iron Mountain stock opened at $117.13 on Friday. The company’s 50 day simple moving average is $125.74 and its 200 day simple moving average is $108.19. Iron Mountain Incorporated has a fifty-two week low of $77.77 and a fifty-two week high of $134.68. The firm has a market capitalization of $34.85 billion, a price-to-earnings ratio of 128.71 and a beta of 1.19.

Iron Mountain (NYSE:IRM – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.10. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.17 earnings per share. 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, analysts predict that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be given a $0.864 dividend. The ex-dividend date is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 3.0%. Iron Mountain’s dividend payout ratio is currently 380.22%.

Institutional Investors Weigh In On Iron Mountain

Several institutional investors have recently added to or reduced their stakes in the stock. Cohen & Steers Inc. increased its holdings in Iron Mountain by 20.0% during the 4th quarter. Cohen & Steers Inc. now owns 18,903,716 shares of the financial services provider’s stock worth $1,568,110,000 after purchasing an additional 3,155,034 shares in the last quarter. State Street Corp grew its holdings in shares of Iron Mountain by 1.9% during the third quarter. State Street Corp now owns 17,131,787 shares of the financial services provider’s stock worth $1,759,494,000 after buying an additional 322,144 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Iron Mountain by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 8,292,653 shares of the financial services provider’s stock worth $685,374,000 after buying an additional 102,073 shares in the last quarter. Invesco Ltd. raised its position in Iron Mountain by 18.1% in the 3rd quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider’s stock valued at $516,481,000 after buying an additional 776,933 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Iron Mountain by 8.5% in the 1st quarter. Principal Financial Group Inc. now owns 4,566,093 shares of the financial services provider’s stock valued at $466,382,000 after acquiring an additional 358,497 shares in the last quarter. 80.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on IRM. Truist Financial set a $140.00 target price on Iron Mountain in a report on Friday, May 1st. Wells Fargo & Company increased their price target on Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings raised Iron Mountain from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. lifted their price objective on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Barclays boosted their price objective on Iron Mountain from $127.00 to $143.00 and gave the company an “overweight” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.33.

View Our Latest Research Report on IRM

About Iron Mountain

(Get Free Report)

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.