Iron Mountain Incorporated (NYSE:IRM) reached 12.54% versus a 1-year low price of $30.78. The stock was last seen -1.03% lower, reaching at $34.64 on 06/13/2018. At recent session, the prices were hovering between $34.4366 and $35.11. This company shares are 13.08% off its target price of $39.17 and the current market capitalization stands at $9.91B. The recent change has given its price a 2.93% lead over SMA 50 and -16.59% deficit over its 52-week high. The stock witnessed 3.37% gains, 5.03% gains and -14.89% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found IRM’s volatility during a week at 1.37% and during a month it has been found around 1.65%.Iron Mountain Incorporated (IRM) Top Holders
Institutional investors currently hold around $8.81 billion or 95.1% in IRM stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.57 billion in Iron Mountain Incorporated, which represents roughly 15.84% of the company’s market cap and approximately 17.82% of the institutional ownership. Similar statistics are true for the second largest owner, Capital World Investors, which owns 30,951,600 shares of the stock are valued at $1.08 billion. The third largest holder is Blackrock Inc., which currently holds $715.4 million worth of this stock and that ownership represents nearly 7.22% of its market capitalization.
At the end of 03/31/2018 reporting period, 249 institutional holders increased their position in Iron Mountain Incorporated (NYSE:IRM) by some 20,122,602 shares, 227 decreased positions by 22,629,269 and 61 held positions by 209,027,668. That puts total institutional holdings at 251,779,539 shares, according to SEC filings. The stock grabbed 72 new institutional investments totaling 9,208,770 shares while 73 institutional investors sold out their entire positions totaling 5,713,507 shares.Iron Mountain Incorporated (NYSE:IRM) Insider Trades
Multiple company employees have indulged in significant insider trading. Iron Mountain Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Bailey Clark H has sold 9,261 shares of Iron Mountain Incorporated (IRM) in trading session dated Apr. 27, 2018. These shares are worth $319,968 and were traded at $34.55 each. The SEC filing shows that Maclean Theodore performed a sale of 723 shares. The EVP, Adjacent Businesses disposed these shares by way of transaction on Mar. 15, 2018. The company’s shares were given away at $33 per share worth to an income of some $23,859 on account of Maclean Theodore.
President and CEO, Meaney William L, sold 24,137 common shares of Iron Mountain Incorporated (IRM) in the open market. In a transaction dated Feb. 21, 2018, the shares were put up for sale at an average price of $32.08, raking in a sum of $774,315. After this sale, 112,660 common shares of IRM are directly owned by the insider, with total stake valued at $3,902,542.
In the transaction dated Feb. 21, 2018, the great number of shares disposed came courtesy the EVP, Adjacent Businesses; Maclean Theodore disposed a total of 1,076 shares at an average price of $32.3, amounting to approximately $34,755. The insider now directly owns 11,927 shares worth $413,151.