Iron Mountain Inc’s recently made public that its President and CEO Meaney William L unloaded Company’s shares for reported $14.93 million on Mar 04 ’25. In the deal valued at $88.74 per share,168,277 shares were sold. As a result of this transaction, Meaney William L now holds 0 shares worth roughly $0.0.
Then, Meaney William L sold 69,125 shares, generating $6,313,885 in total proceeds. Upon selling the shares at $91.34, the President and CEO now owns 168,277 shares.
Before that, Meaney William L sold 172,552 shares. Iron Mountain Inc shares valued at $15,759,615 were divested by the President and CEO at a price of $91.33 per share. As a result of the transaction, Meaney William L now holds 237,402 shares, worth roughly $20.03 million.
UBS initiated its Iron Mountain Inc [IRM] rating to a Sell in a research note published on November 07, 2023; the price target was $44. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in late August from “a Sector perform” to “an Outperform”. RBC Capital Mkts began covering IRM with “Sector perform” recommendation on December 16, 2022. Exane BNP Paribas started covering the stock on December 14, 2022. It rated IRM as “an Outperform”.
Price Performance Review of IRM
On Friday, Iron Mountain Inc [NYSE:IRM] saw its stock jump 1.92% to $84.38. Over the last five days, the stock has lost -9.43%. Iron Mountain Inc shares have fallen nearly -19.72% since the year began. Nevertheless, the stocks have risen 7.80% over the past one year. While a 52-week high of $130.24 was reached on 01/24/25, a 52-week low of $73.36 was recorded on 03/07/25. SMA at 50 days reached $100.46, while 200 days put it at $105.67.
Levels Of Support And Resistance For IRM Stock
The 24-hour chart illustrates a support level at 82.31, which if violated will result in even more drops to 80.24. On the upside, there is a resistance level at 85.64. A further resistance level may holdings at 86.90. The Relative Strength Index (RSI) on the 14-day chart is 27.95, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.91%. Stochastics %K at 9.11% indicates the stock is a buying.
The most recent change occurred on June 24, 2022 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $58 price target.
