IRS Chief Investment Officer Alberto Sells $38K of Stock
Jorge Alberto Cruces, Chief Investment Officer, sold shares of IRSA for $38,116.
Reviewed by automated data checks against the source filing. How we make and check alerts
Cruces Jorge Alberto, Chief Investment Officer at IRSA Inversiones y Representaciones Sociedad Anónima ($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).
Key Points
- On June 30, 2026, Jorge Alberto Cruces sold 24,913 shares of IRSA Inversiones y Representaciones for $1.53 each, totaling approximately $38,116.
- IRSA's stock was trading at $15.44 on the day this news was published, showing a slight decline from its previous close of $15.47.
- The company has a market cap of about $1.32 billion and a P/E ratio of 4.67, indicating its valuation in the real estate sector.
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Insider Buying and Selling at IRSA Inversiones y Representaciones Sociedad Anónima
On June 30, 2026, Jorge Alberto Cruces, the Chief Investment Officer of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE: IRS), sold 24,913 shares for $1.53 each, bringing in approximately $38,116. This sale was not part of a planned transaction.
Stock Performance Context
The shares of IRSA were trading at $15.44 when this article was published, just below the previous close of $15.47. The stock has fluctuated between a 52-week low of $10.87 and a high of $19.14, indicating some volatility in its price. With a P/E ratio of 4.67, IRSA is seen as relatively undervalued in the real estate market.
What IRSA Inversiones y Representaciones Sociedad Anónima Does
IRSA Inversiones y Representaciones engages in various real estate activities in Argentina, including the development and operation of shopping malls, offices, and hotels. The company also manages residential properties and undeveloped land for future projects. This recent insider sale may reflect personal financial decisions rather than the company's performance outlook.
What’s Next for IRSA
Investors should watch for IRSA's upcoming earnings report scheduled for November 4, 2026. The recent insider transaction offers a glimpse into the financial maneuvers of its executives, but it’s important to remember that insider trades can reflect personal decisions rather than the company's current performance. This transaction was reported in compliance with the STOCK Act, detailing the sale after it occurred.
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
