Iron Mountain Inc (IRM) Files Form 4 Insider Selling : Edward Bicks Sells 2,773 Shares

Iron Mountain Inc (IRM): Edward Bicks , Sr. VP and Chief Strategy Ofc. of Iron Mountain Inc sold 2,773 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $36.32 per share for a total value of $100,715.36 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 6, 2016, Anastasios Tsolakis (EVP, CIO, Global Svcs. Officer) sold 7,364 shares at $40.00 per share price.On Jul 6, 2016, Edward Bicks (Sr.VP & Chief Strategy Officer) sold 1,459 shares at $40.25 per share price.Also, On Jul 6, 2016, Ernest W Cloutier (EVP, Gen. Counsel, Secretary) sold 134,462 shares at $39.91 per share price.On Jun 22, 2016, Marc A Duale (President, Iron Mountain Int’l) sold 29,102 shares at $38.25 per share price.

Iron Mountain Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Iron Mountain Inc which led to swings in the share price. The shares opened for trading at $36.32 and hit $36.97 on the upside , eventually ending the session at $36.77, with a gain of 0.99% or 0.36 points. The heightened volatility saw the trading volume jump to 2,048,215 shares. The 52-week high of the share price is $41.5 and the company has a market cap of $9,680 M . The 52-week low of the share price is at $23.64.

Iron Mountain Inc Money Flow Index Chart

On Jul 27, 2016, Iron Mountain Inc announced a cash dividend of $0.4850. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016. The payable date has been fixed on Oct 14, 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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