130,000 Shares in IREN Limited $IREN Purchased by Privium Fund Management B.V.

Privium Fund Management B.V. purchased a new stake in IREN Limited (NASDAQ:IREN) in the third quarter, Holdings Channel reports. The institutional investor purchased 130,000 shares of the company’s stock, valued at approximately $6,101,000. IREN comprises about 1.1% of Privium Fund Management B.V.’s portfolio, making the stock its 18th largest position.

Several other large investors also recently made changes to their positions in IREN. Global Retirement Partners LLC bought a new stake in shares of IREN in the 3rd quarter worth approximately $25,000. Advisors Asset Management Inc. grew its position in IREN by 68.4% in the second quarter. Advisors Asset Management Inc. now owns 4,528 shares of the company’s stock worth $66,000 after buying an additional 1,839 shares during the last quarter. Vermillion Wealth Management Inc. bought a new position in shares of IREN in the third quarter valued at $74,000. SLT Holdings LLC bought a new position in shares of IREN in the second quarter valued at $146,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of IREN during the 2nd quarter valued at $146,000. Institutional investors own 41.08% of the company’s stock.

IREN Trading Down 10.2%

Shares of NASDAQ IREN opened at $53.74 on Friday. The company has a current ratio of 5.52, a quick ratio of 5.52 and a debt-to-equity ratio of 0.34. IREN Limited has a one year low of $5.13 and a one year high of $76.87. The business has a 50-day moving average price of $46.62 and a two-hundred day moving average price of $41.41. The firm has a market capitalization of $15.23 billion, a PE ratio of 27.70 and a beta of 4.25.

IREN (NASDAQ:IREN) last issued its earnings results on Thursday, November 6th. The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.48). The business had revenue of $240.30 million during the quarter, compared to analyst estimates of $244.60 million. IREN had a net margin of 86.96% and a negative return on equity of 3.60%. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. As a group, analysts predict that IREN Limited will post 0.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. UBS Group restated a “buy” rating on shares of IREN in a report on Friday, November 7th. JMP Securities set a $80.00 price target on IREN in a research note on Wednesday, November 19th. Canaccord Genuity Group upped their price objective on shares of IREN from $42.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Macquarie raised their target price on shares of IREN to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, B. Riley restated a “buy” rating on shares of IREN in a report on Wednesday, October 22nd. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, IREN has an average rating of “Moderate Buy” and a consensus target price of $69.36.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Anthropic funding and larger AI demand are driving IREN’s strategic shift from bitcoin mining to building AI-optimized data centers, increasing expected long‑term revenue from cloud/AI customers and validating its pivot. Anthropic Funding Fuels IREN Shift From Bitcoin Mining To AI Centers
• Positive Sentiment: Major enterprise deals (notably a recently reported ~$9.7B Microsoft-related agreement cited in coverage) and comparisons vs. peers highlight large backlog potential and long-term growth from hyperscaler customers. This supports upside revenue visibility if deployments scale. Iren vs. Applied Digital: Which Is the Better Long-Term Play?
• Positive Sentiment: A disclosed congressional purchase of IREN shares (Rep. Dale Strong) has drawn investor attention and can be read as a signal of insider/connected interest, which sometimes attracts retail and momentum flows. Rep. Dale Strong Makes First-Ever Stock Trade With Purchase of IREN Shares
• Neutral Sentiment: Analyst and media coverage note strong AI cloud‑led revenue trajectory and GPU expansion prospects for IREN, but also emphasize that growth is balanced by heavy capex and execution risk—an ambiguous near‑term read for the stock. IREN Limited Gears Up for Q2 Earnings: What Lies Ahead for the Stock?
• Neutral Sentiment: Earlier volatility included a sharp move higher on renewed AI bets, reflecting momentum trading; such moves can reverse quickly as investors reassess fundamentals vs. hype. IREN Ltd. (IREN) soars 14.6% on further AI bets
• Negative Sentiment: Analysts expect a decline in near‑term earnings and flag that IREN lacks the setup for an earnings beat in the upcoming report—this raises downside risk for the stock if results or guidance disappoint. Analysts Estimate IREN Limited (IREN) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Prior reported results showed a large EPS miss and margin/ROE weakness, underscoring execution and profitability concerns that amplify sensitivity to any weak quarterly print or heavy near‑term capex news. Source: company prior quarter release (Nov).

IREN Company Profile

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.