Iron Mountain Inc’s recent filing unveils that its President and CEO Meaney William L unloaded Company’s shares for reported $5.95 million on Apr 01 ’25. In the deal valued at $86.11 per share,69,125 shares were sold. As a result of this transaction, Meaney William L now holds 0 shares worth roughly $0.0.
Then, Meaney William L bought 69,125 shares, generating $5,952,419 in total proceeds.
Before that, Meaney William L sold 168,277 shares. Iron Mountain Inc shares valued at $14,932,965 were divested by the President and CEO at a price of $88.74 per share. As a result of the transaction, Meaney William L now holds 0 shares, worth roughly $0.0.
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 fall -7.11% to $77.19. Over the last five days, the stock has lost -9.29%. Iron Mountain Inc shares have fallen nearly -26.56% since the year began. Nevertheless, the stocks have fallen -2.32% 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 04/04/25. SMA at 50 days reached $92.69, while 200 days put it at $105.97.
Levels Of Support And Resistance For IRM Stock
The 24-hour chart illustrates a support level at 75.69, which if violated will result in even more drops to 74.19. On the upside, there is a resistance level at 80.14. A further resistance level may holdings at 83.09. The Relative Strength Index (RSI) on the 14-day chart is 29.14, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.62%. Stochastics %K at 23.44% indicates the stock is a holding.
How much short interest is there in Iron Mountain Inc?
A steep rise in short interest was recorded in Iron Mountain Inc stocks on 2025-03-14, dropping by 36163.0 shares to a total of 8.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.68 million shares. There was a decline of -0.42%, which implies that there is a negative sentiment for the stock.
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.
