On March 4, 2025, William Meaney, President and Chief Executive Officer of Iron Mountain Information Management, LLC, executed a significant insider transaction by selling 237,402 shares of Iron Mountain Inc (IRM, Financial). Following this transaction, William Meaney now indirectly holds 295,650 shares of the company by GRAT. The details of this transaction can be found in the SEC Filing.
Iron Mountain Inc is a global leader in storage and information management services. The company provides solutions for records management, data backup and recovery, document management, and secure shredding. With a presence in over 50 countries, Iron Mountain Inc serves more than 225,000 customers across various industries.
The recent sale by William Meaney is part of a broader trend observed in the company's insider transaction history. Over the past year, the insider has sold a total of 802,207 shares and purchased 0 shares. In the same period, Iron Mountain Inc has recorded 0 insider buys and 34 insider sells.
On the day of the transaction, shares of Iron Mountain Inc were trading at $89.5 each, resulting in a market cap of $25.94 billion. The company's price-earnings ratio stands at 144.77, which is higher than the industry median of 15.41 and also higher than the company's historical median price-earnings ratio.
The stock's valuation, as indicated by the GF Value, suggests that Iron Mountain Inc is Modestly Overvalued with a price-to-GF-Value ratio of 1.23. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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