IRS Chief Investment Officer Alberto Sells $38K of Stock
Cruces sold nearly 25,000 shares for over $38,000, amid consistent performance from IRSA.
Reviewed by automated data checks against the source filing. How we make and check alerts
Cruces Jorge Alberto, Chief Investment Officer at IRSA Inversiones y Representaciones Sociedad Anónima ($IRS), sold 24,913 shares at an average price of $1.53, worth about $38,116.89, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $IRS is up 0.0% after 1 week, up 0.4% after 1 month and down 8.5% to date (from the $15.44 close on Jun 30, 2026).
IRS
IRSA Inversiones y Representaciones Sociedad Anónima
Key Points
- Jorge Alberto Cruces, Chief Investment Officer at IRSA, sold 24,913 shares valued at approximately $38,117 on June 30, 2026.
- The shares sold for an average price of $1.53, slightly below the stock's recent high of $15.47.
- IRSA has a P/E ratio of 4.67 and is scheduled to release its next earnings report on November 4, 2026.
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Insider Buying and Selling at IRSA Inversiones y Representaciones Sociedad Anónima
Jorge Alberto Cruces sold 24,913 shares of IRSA Inversiones y Representaciones (IRS) on June 30, 2026, for about $38,117. The shares were sold at an average price of $1.53 each. This action is noteworthy as it adds to the ongoing insider transactions at the company.
Context of the Sale
This sale reflects a personal decision rather than a planned trading strategy. As the Chief Investment Officer, Cruces plays a vital role in the company's investment decisions and performance. The shares sold represent a small fraction of his total holdings, highlighting a routine adjustment rather than a significant exit from the company.
How IRS Stock Has Traded
On the day of the transaction, IRS shares were trading at approximately $15.33. The stock is within a 52-week range of $10.87 to $19.14. This performance indicates that IRSA is managing to hold its value well, as it remains close to its 50-day moving average of $15.12. The average price from the transaction is slightly lower than its previous close of $15.47, showing a minor fluctuation in share price.
Recent Earnings
IRSA reported revenues of about $696.7 million, reflecting a revenue growth of 4.1%. The company has a robust net margin of 56.5% and a return on equity (ROE) of 18.1%. The next earnings report is set for November 4, 2026, which may provide further insights into the company's performance.
What IRS Does
IRSA Inversiones y Representaciones is engaged in various real estate activities across Argentina, including shopping malls, offices, hotels, and residential properties. The firm has a diverse portfolio that helps it navigate economic fluctuations.
What's Ahead for IRS
Investors will be keenly observing the upcoming earnings report on November 4, 2026, as this will shed light on IRSA's financial health and performance trends. Remember, this insider sale reflects holdings as of June 30, 2026, and may not represent current positions.
Related Filing Alerts
Source: Cruces Jorge Alberto's Form 4 filing on $IRS (Jun 30, 2026). Find the original filing: IRS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts