IRTC — iRhythm Technologies Inc

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

Trend Edge Setup Score

Trend Edge rates IRTC Bullish with a Setup Score of 13, net conviction 26, actionability 7. How the Setup Score works →

Total Setup Score13
Directional BiasBullish
Net Conviction26
Actionability7 (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$123.09
Market Cap$4.11B
Float30.3M
Shares Outstanding33.0M
P/E (Forward)526.32
Price/Sales (TTM)5.11
vs. Analyst Target+43.7% to analyst PT
Profit Margin-1.69%
Operating Margin (TTM)7.94%
Revenue (TTM)$825M
Dividend RateNone
Analyst Target Price$176.86 (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
Sep 2025 $193M -$5.2M
Dec 2025 $209M $5.6M
Mar 2026 $199M -$13.9M
Jun 2026 $224M -$381,000

Ownership & Float

Insider Ownership1.2%
Institutional Ownership110.7%
Short Float10.6%
% of All Funds Holding3.44%
Number of Funds Holding303

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$120.46Near-term / short-term trend
Weekly40-Week SMA$134.14Medium-term trend
Weekly80-Week SMA$140.05Cyclical trend (business cycle)
Weekly200-Week SMA$115.50Secular trend (multi-year)
Monthly10-Month SMA$137.40Near-term monthly trend
Monthly20-Month SMA$138.42Medium-term monthly trend
Monthly40-Month SMA$117.54Secular 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 2 months ago
$153.00 resistance 1.27x 5 months ago
$176.00 resistance 1.42x 6 months ago
$108.00 support 1.37x 14 months ago
$74.00 support 1.02x 20 months ago

Historical Earnings Reactions (40 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.63% 0.48% 52.50% 26.25% -10.72%
1 Day 2.55% 1.29% 55.00% 20.75% -12.28%
1 Week 2.41% -0.04% 50.00% 26.81% -24.19%
2 Weeks 0.48% -0.67% 45.00% 29.85% -22.25%
1 Month 4.75% 1.18% 51.28% 57.13% -25.30%

Next earnings: October 25, 2026 (60 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-0.6%40.0%10
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% 48.6% 463
Tuesday 0.29% 52.3% 509
Wednesday 0.25% 52.0% 506
Thursday 0.11% 49.7% 497
Friday 0.16% 49.9% 497

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 110.7%

Insider Transactions — Smart Summary

Total insider ownership: 1.2%

12-Month Insider Activity Summary

Total Filings41
Net Value-$28.2M
Net Shares Change28,274
% of Float0.1%
C-Suite Filings38
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
Blackford Quentin S. President and CEO -$3.3M 1 1 sell
Patterson Chad CHIEF COMM & PRODUCT OFFICER -$1.2M 2 2 sell
Turakhia Minang CHIEF MED/SCI OFCR EVP ADVTECH -$1.1M 2 2 sell
Murphy Patrick Michael CBO and CLO -$884,155.927 1 1 sell
Shrishrimal Sumi EVP, Chief Risk Officer -$855,293.246 2 2 sell
Rodda Julianne EVP, CHIEF PEOPLE OFFICER -$257,919.341 1 1 sell
Smith Mervin EVP Strategic Business Ops -$75,348.595 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
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
2026-08-04 – 2026-08-11 8 7 -$7.3M 8 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-11 Blackford Quentin S. President and CEO -$3.3M Transaction at $124.65, now -1.3%
2026-08-11 Turakhia Minang CHIEF MED/SCI OFCR EVP ADVTECH -$884,150.962 Transaction at $124.65, now -1.3%
2026-08-11 Shrishrimal Sumi EVP, Chief Risk Officer -$669,640.751 Transaction at $124.65, now -1.3%
2026-08-11 Patterson Chad CHIEF COMM & PRODUCT OFFICER -$884,170.113 Transaction at $124.65, now -1.3%
2026-08-11 Murphy Patrick Michael CBO and CLO -$884,155.927 Transaction at $124.65, now -1.3%
2026-08-04 Rodda Julianne EVP, CHIEF PEOPLE OFFICER -$257,919.341 Transaction at $122.12, now +0.8%

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 →