President and CEO of Iron Mountain Inc. William L. Meaney Bought 12,000 Shares

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Jun 11, 2013
Iron Mountain Incorporated was founded in 1951, under the name Pierce Leahy Corp. Iron Mountain Inc. has a market cap of $6.46 billion; its shares were traded at around $28.50 with a P/E ratio of 37.60 and P/S ratio of 1.70. The dividend yield of Iron Mountain Inc. stocks is 3.70%. Iron Mountain Inc had an annual average earnings growth of 7.4% over the past 10 years. GuruFocus rated Iron Mountain Inc. the business predictability rank of 3-star.

President and CEO of Iron Mountain Inc. (IRM, Financial) William L. Meaney bought 12,000 shares on June 7, 2013 at an average price of $29. Total transaction amount is $348,000.

Before coming to Iron Mountain Inc., President and CEO William Meaney served as CEO of Zueling Group. Prior to working with Zueling Group, Meaney also served as chief commercial officer and managing director of Swiss International Airlines from December 2002 to January 2004.

In addition to Meaney buying 12,000 shares, CFO Brian P. Mckeon also bought 3,600 shares of IRM stock. Directors Ted Antenucci, Arthur Little, and Vincent Ryan bought and sold IRM stock in February and June.

In the quarter that ended March 31, 2013, Ray Dalio bought 39,543 shares, which is 0.013% of the $10.99 billion portfolio of Bridgewater Associates. Two gurus, John Keeley and Chris Davis, left their position in IRM slightly adjusted or unchanged. As of the first 2013 quarter, John Keeley owns 356,684 shares and Chris Davis owns 11,058,466 shares.

Iron Mountain Incorporated reported their 2013 first quarter financial results with revenues of $747 million and net income of $56.0 million.