Iron Mountain Inc (IRM) Files Form 4 Insider Selling : Marc A Duale Sells 29,102 Shares

Iron Mountain Inc (IRM): Marc A Duale , President, Iron Mountain Int’l of Iron Mountain Inc sold 29,102 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $38.25 per share for a total value of $1,113,151.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 15, 2016, Anastasios Tsolakis (EVP, CIO, Global Svcs. Officer) sold 35,248 shares at $38.01 per share price.On Jun 15, 2016, John Tomovcsik (EVP, G. Mgr., Rec. & Inf. Mgmt) sold 9,074 shares at $37.53 per share price.Also, On Jun 14, 2016, Patrick J Keddy (Exec.VP,GM.N.America,W.Europe) sold 42,843 shares at $37.13 per share price.On Jun 3, 2016, Edward Bicks (Sr.VP & Chief Strategy Officer) sold 2,367 shares at $36.66 per share price.

Shares of Iron Mountain Inc (IRM) ended Monday, Jun 20, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -0.37% at $38.11 with 12,32,891 shares getting traded. Post opening the session at $38.25, the shares hit an intraday low of $38.06 and an intraday high of $38.49 and the price vacillated in this range throughout the day. The company has a market cap of $8,077 M and the number of outstanding shares has been calculated to be 21,19,52,150 shares. The 52-week high of Iron Mountain Inc is $38.64 and the 52-week low is $23.64.

Iron Mountain Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Iron Mountain Inc is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $39. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 18, 2016.

Iron Mountain Inc. is a holding company which stores records primarily paper documents and data backup media and provide information management services. The Company has five segments: North American Records and Information Management Business North American Data Management Business Western European Business Other International Business and Corporate and Other Business. It offers records and information management services and data management services. Its customer base includes commercial legal banking healthcare accounting insurance entertainment and government organizations. As of December 31 2014 the Company’s courier fleet consisted of approximately 3600 owned or leased vehicles. Its other services include secure shredding document management solutions (DMS) compliant records management and consulting services health information storage and management solutions entertainment services energy data services discovery services and other ancillary services.

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