IRTC — iRhythm Technologies Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates IRTC Bearish with a Setup Score of 55, net conviction 40, actionability 75. How the Setup Score works →

Total Setup Score55
Directional BiasBearish
Net Conviction40
Actionability75 (in range)

Key signals behind this score

About iRhythm Technologies Inc

iRhythm Holdings, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$116.13
Market Cap$3.87B
Float30.8M
Shares Outstanding32.9M
P/E (Forward)833.33
Price/Sales (TTM)4.92
vs. Analyst Target+53.5% to analyst PT
Profit Margin-3.53%
Operating Margin (TTM)-5.95%
Revenue (TTM)$788M
Dividend RateNone
Analyst Target Price$178.21 (13 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $265M -$43.8M $195M -$29.2M
2021 $323M -$101M $214M -$83.2M
2022 $411M -$116M $282M -$92.1M
2023 $493M -$123M $332M -$96.9M
2024 $592M -$113M $408M -$74.1M
2025 $747M -$44.6M $527M -$4.0M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $187M -$14.2M
Sep 2025 $193M -$5.2M
Dec 2025 $209M $5.6M
Mar 2026 $199M -$13.9M

Ownership & Float

Insider Ownership1.2%
Institutional Ownership110.3%
Short Float9.5%
% of All Funds Holding3.42%
Number of Funds Holding281

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$115.30Near-term / short-term trend
Weekly40-Week SMA$144.29Medium-term trend
Weekly80-Week SMA$138.74Cyclical trend (business cycle)
Weekly200-Week SMA$115.69Secular trend (multi-year)
Monthly10-Month SMA$143.72Near-term monthly trend
Monthly20-Month SMA$136.73Medium-term monthly trend
Monthly40-Month SMA$117.72Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$126.00 resistance 1.05x 1 months ago
$153.00 resistance 1.27x 4 months ago
$176.00 resistance 1.42x 5 months ago
$108.00 support 1.37x 13 months ago
$74.00 support 1.02x 19 months ago

Historical Earnings Reactions (39 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.34% -0.16% 48.72% 26.25% -10.72%
1 Day 2.09% 0.85% 56.41% 18.26% -12.28%
1 Week 2.53% 0.96% 51.28% 27.71% -24.19%
2 Weeks 0.53% -0.96% 43.59% 31.71% -22.25%
1 Month 5.36% 1.24% 52.63% 57.13% -25.30%

Next earnings: July 30, 2026 (18 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan6.5%80.0%10
Feb4.2%70.0%10
Mar-3.5%30.0%10
Apr-3.6%50.0%10
May3.5%40.0%10
Jun3.0%60.0%10
Jul-0.5%44.4%9
Aug10.9%44.4%9
Sep2.3%66.7%9
Oct-3.3%33.3%9
Nov11.6%80.0%10
Dec0.6%40.0%10

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.14% 48.5% 456
Tuesday 0.30% 52.6% 502
Wednesday 0.23% 51.7% 499
Thursday 0.11% 49.6% 490
Friday 0.17% 50.0% 490

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 110.3%

Insider Transactions — Smart Summary

Total insider ownership: 1.2%

12-Month Insider Activity Summary

Total Filings40
Net Value-$26.8M
Net Shares Change-48,539
% of Float-0.2%
C-Suite Filings36
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
Blackford Quentin S. President and CEO -$3.5M 1 1 sell
Turakhia Minang CHIEF MED/SCI OFCR EVP ADVTECH -$1.2M 2 2 sell
Patterson Chad CHIEF COMM & PRODUCT OFFICER -$1.2M 1 1 sell
Murphy Patrick Michael CBO and CLO -$1.1M 1 1 sell
Wilson Daniel G. Chief Financial Officer -$702,553.253 1 1 sell
Shrishrimal Sumi EVP, Chief Risk Officer -$185,652.496 1 1 sell
Lawrence Brian Lee Chief Technology Officer -$122,491.2 1 1 sell
Freeman Sean Clinton EVP, Strategy & Corp Devt -$114,483.78 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-05 – 2025-08-12 6 5 -$6.6M 5 C-suite
2025-11-03 – 2025-11-12 3 3 -$5.1M 2 C-suite
2026-02-24 – 2026-03-03 19 9 -$14.9M 18 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-06 Turakhia Minang CHIEF MED/SCI OFCR EVP ADVTECH -$177,462.33 Transaction at $124.71, now -6.9%
2026-07-06 Freeman Sean Clinton EVP, Strategy & Corp Devt -$114,483.78 Transaction at $124.71, now -6.9%
2026-06-03 Shrishrimal Sumi EVP, Chief Risk Officer -$185,652.496 Transaction at $108.19, now +7.3%
2026-06-03 Rosenbaum Marc Wade Chief Accounting Officer -$78,870 Transaction at $108.19, now +7.3%
2026-05-05 Lawrence Brian Lee Chief Technology Officer -$122,491.2 Transaction at $120.80, now -3.9%
2026-02-26 Turakhia Minang CHIEF MED/SCI OFCR EVP ADVTECH -$1.1M Transaction at $135.42, now -14.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for iRhythm Technologies Inc (IRTC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for IRTC on Trend Edge →