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Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)

On May 7, 2024, Wendy Murdock, a Director at Iron Mountain Inc (NYSE:IRM), sold 3,547 shares of the company. The transaction was documented in a recent SEC Filing. Over the past year, the insider has sold a total of 17,047 shares and has not purchased any shares.

Iron Mountain Inc (NYSE:IRM) specializes in information management services, providing solutions for records management, data backup and recovery, document management, and secure shredding. The company helps organizations to protect their information, comply with regulations, and enable digital transformation.

As of the latest sale, shares of Iron Mountain Inc were priced at $77.6, resulting in a market cap of approximately $22.88 billion. The price-earnings ratio stands at 118.24, significantly above both the industry median and the company's historical median.

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According to the GF Value, the intrinsic value of Iron Mountain Inc is estimated at $62.01 per share, making the current price-to-GF-Value ratio 1.25. This suggests that the stock is Modestly Overvalued.

Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)
Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)

The insider transaction history for Iron Mountain Inc shows a trend of more sales than purchases among insiders over the past year, with 42 insider sells and no insider buys.

Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)
Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)

The valuation metrics and insider trends provide a snapshot of Iron Mountain Inc's current financial position and insider confidence.

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.

This article first appeared on GuruFocus.