Mark Kidd Sells 6,000 Shares of Iron Mountain (NYSE:IRM) Stock

Iron Mountain Incorporated (NYSE:IRM) EVP Mark Kidd sold 6,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $127.91, for a total transaction of $767,460.00. Following the completion of the transaction, the executive vice president directly owned 119,507 shares in the company, valued at $15,286,140.37. This represents a 4.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Kidd also recently made the following trade(s):

• On Wednesday, April 1st, Mark Kidd sold 6,000 shares of Iron Mountain stock. The shares were sold at an average price of $102.71, for a total transaction of $616,260.00.
• On Monday, March 2nd, Mark Kidd sold 6,000 shares of Iron Mountain stock. The shares were sold at an average price of $107.27, for a total transaction of $643,620.00.

Iron Mountain Price Performance

Iron Mountain stock traded up $0.99 during midday trading on Monday, reaching $129.83. The company had a trading volume of 1,358,861 shares, compared to its average volume of 1,816,168. The company has a market capitalization of $38.63 billion, a P/E ratio of 142.67 and a beta of 1.20. Iron Mountain Incorporated has a 12-month low of $77.77 and a 12-month high of $134.09. The firm’s fifty day simple moving average is $109.85 and its 200-day simple moving average is $98.71.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.93. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. Iron Mountain had a net margin of 3.76% and a negative return on equity of 91.56%. Iron Mountain’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period last year, the company posted $1.17 EPS. 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. On average, analysts expect that Iron Mountain Incorporated will post 5.4 EPS for the current fiscal year.

Iron Mountain Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Monday, June 15th will be paid a $0.864 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.46 dividend on an annualized basis and a yield of 2.7%. Iron Mountain’s dividend payout ratio (DPR) is currently 379.12%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on IRM shares. Truist Financial set a $140.00 price objective on shares of Iron Mountain in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price objective 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. Zacks Research downgraded shares of Iron Mountain from a “hold” rating to a “strong sell” rating in a report on Monday, April 13th. Wells Fargo & Company increased their price objective 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Iron Mountain in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $131.67.

Institutional Trading of Iron Mountain

A number of hedge funds have recently bought and sold shares of IRM. Quent Capital LLC acquired a new stake in shares of Iron Mountain during the 3rd quarter worth approximately $27,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Iron Mountain during the 4th quarter worth approximately $25,000. Johnson Financial Group Inc. acquired a new stake in shares of Iron Mountain during the 3rd quarter worth approximately $32,000. Beaird Harris Wealth Management LLC increased 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 last quarter. Finally, Bayban acquired a new stake in shares of Iron Mountain during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 80.13% of the company’s stock.

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.