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Intech Investment Management LLC Sells 120,960 Shares of Iron Mountain Incorporated $IRM
Intech Investment Management LLC significantly reduced its stake in Iron Mountain Incorporated (NYSE:IRM) by selling 120,960 shares, lowering its holdings to 14,437 shares valued at $1,472,000. Despite this, other institutional investors increased their positions, and the company announced a quarterly dividend of $0.864 per share. Insider trading also showed sales by EVP Mark Kidd and CEO William L. Meaney, while analysts generally rate the stock as a “Moderate Buy.”