WOLVERINE ASSET MANAGEMENT LLC sells 195,241 shares of IRRX at $11.69 on 2024-11-21, exiting entirely from the position ($2.3M).
WOLVERINE ASSET MANAGEMENT LLC completely liquidated its stake in IRRX with a sale of 195,241 shares on 2024-11-21, reducing holdings from 195,241 shares to 0 shares. At the transaction price of $11.69, this represented a deliberate full exit after the stock has since declined to $10.01 current price. Examining same-ticker history: the insider's prior IRRX sale on 2024-02-12 showed a -0.4% 90-day return, and 1 of 1 prior IRRX sells were well-timed at the 90-day mark. The current sale timing relative to subsequent price action will be assessed against this pattern, though IRRX fundamentals show net income of $-1,040,084.00 and P/E of 27.81 on a market cap of $230,230,000.00, warranting close observation of whether the complete exit was driven by deteriorating operating performance or operational concerns.