CFO Barry Hytinen sells 9,000 IRM shares at $88.31; stock now at 52-week high $88.83, up 7.2% in 30 days
Hytinen sold 9,000 shares (a 7.5% reduction of his holdings) at $88.31 on 2024-06-18, coinciding with a period of strong stock price momentum—IRM has gained 7.2% over 30 days and 11.8% over 90 days and now trades at its 52-week high of $88.83. His prior sale at this ticker (2023-06-15) returned +5.8% over 30 days and +12.2% over 90 days, indicating that sale preceded further gains rather than declines. The company's fundamentals show solid revenue growth at +7.4% annually and a market cap of $26.0B, though the P/E of 130.63 reflects an elevated valuation multiple. This sale occurred after substantial appreciation and does not align with a pattern of well-timed selling exits in his transaction history at IRM.