Sen. Markwayne Mullin Sells Iron Mountain Incorporated (NYSE:IRM) Shares

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Iron Mountain Incorporated (NYSE:IRM). In a filing disclosed on January 13th, the Senator disclosed that they had sold between $15,001 and $50,000 in Iron Mountain stock on December 18th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Stride (NYSE:LRN) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/17/2025.

Iron Mountain Price Performance

NYSE:IRM opened at $91.39 on Thursday. The firm has a market capitalization of $27.01 billion, a P/E ratio of 172.44 and a beta of 1.13. Iron Mountain Incorporated has a one year low of $72.33 and a one year high of $112.18. The company’s 50-day simple moving average is $86.48 and its 200 day simple moving average is $94.35.

Iron Mountain (NYSE:IRM) last announced its earnings results on Wednesday, November 5th. The financial services provider reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.03. Iron Mountain had a net margin of 2.40% and a negative return on equity of 112.70%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the firm earned $1.13 earnings per share. The business’s revenue for the quarter was up 12.7% on a year-over-year basis. Iron Mountain has set its FY 2025 guidance at 5.040-5.130 EPS. On average, equities research analysts expect that Iron Mountain Incorporated will post 4.54 earnings per share for the current fiscal year.

Iron Mountain Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were given a dividend of $0.864 per share. This is an increase from Iron Mountain’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.46 dividend on an annualized basis and a yield of 3.8%. Iron Mountain’s dividend payout ratio is 652.83%.

Institutional Investors Weigh In On Iron Mountain

A number of hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Iron Mountain by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,904 shares of the financial services provider’s stock worth $2,573,000 after acquiring an additional 1,286 shares during the period. Empowered Funds LLC boosted its position in Iron Mountain by 10.3% in the first quarter. Empowered Funds LLC now owns 5,728 shares of the financial services provider’s stock worth $493,000 after purchasing an additional 537 shares during the last quarter. Woodline Partners LP grew its stake in shares of Iron Mountain by 41.0% during the 1st quarter. Woodline Partners LP now owns 24,742 shares of the financial services provider’s stock valued at $2,129,000 after purchasing an additional 7,193 shares during the period. Wesbanco Bank Inc. bought a new stake in shares of Iron Mountain during the 2nd quarter valued at about $208,000. Finally, Atwood & Palmer Inc. increased its position in shares of Iron Mountain by 14.5% during the 2nd quarter. Atwood & Palmer Inc. now owns 9,445 shares of the financial services provider’s stock valued at $969,000 after purchasing an additional 1,195 shares during the last quarter. 80.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO William L. Meaney sold 69,125 shares of Iron Mountain stock in a transaction on Monday, December 1st. The shares were sold at an average price of $83.34, for a total transaction of $5,760,877.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark Kidd sold 7,306 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $100.82, for a total value of $736,590.92. Following the completion of the sale, the executive vice president owned 73,081 shares of the company’s stock, valued at $7,368,026.42. This trade represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 202,038 shares of company stock worth $18,424,270. 1.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on IRM shares. Zacks Research upgraded Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Jefferies Financial Group started coverage on Iron Mountain in a report on Monday, September 22nd. They set a “buy” rating and a $120.00 price target for the company. Barclays reaffirmed an “overweight” rating and issued a $126.00 price target on shares of Iron Mountain in a research report on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of Iron Mountain from $100.00 to $111.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Iron Mountain in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $115.40.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About Iron Mountain

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.