IREN Limited $IREN Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. cut its holdings in shares of IREN Limited (NASDAQ:IREN) by 79.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,362 shares of the company’s stock after selling 35,400 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in IREN were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IREN. Corient Private Wealth LLC acquired a new stake in shares of IREN during the fourth quarter valued at about $220,000. Caitong International Asset Management Co. Ltd lifted its position in shares of IREN by 134,143.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 251,035 shares of the company’s stock worth $9,482,000 after purchasing an additional 250,848 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in shares of IREN in the fourth quarter valued at approximately $167,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of IREN in the fourth quarter valued at approximately $246,000. Finally, Sunbelt Securities Inc. increased its stake in IREN by 13,040.8% during the 4th quarter. Sunbelt Securities Inc. now owns 32,852 shares of the company’s stock worth $1,241,000 after buying an additional 32,602 shares during the period. 41.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on IREN shares. BTIG Research lifted their price objective on IREN to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Sanford C. Bernstein set a $96.00 target price on shares of IREN in a research note on Thursday, June 4th. HC Wainwright raised their target price on shares of IREN to $85.00 and gave the company a “buy” rating in a report on Friday, May 8th. Canaccord Genuity Group lifted their price target on shares of IREN from $70.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, B. Riley Financial boosted their price target on shares of IREN from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Fourteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $82.36.

IREN Stock Down 6.7%

Shares of NASDAQ IREN opened at $40.97 on Tuesday. The business has a 50-day moving average of $54.55 and a two-hundred day moving average of $47.68. The company has a market capitalization of $14.64 billion, a price-to-earnings ratio of 85.67 and a beta of 4.27. IREN Limited has a 1 year low of $14.72 and a 1 year high of $76.87. The company has a debt-to-equity ratio of 1.44, a current ratio of 3.72 and a quick ratio of 3.72.

IREN (NASDAQ:IREN) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.03). IREN had a net margin of 20.90% and a negative return on equity of 13.13%. The business had revenue of $144.79 million during the quarter, compared to analysts’ expectations of $219.69 million. On average, analysts forecast that IREN Limited will post -1.25 earnings per share for the current fiscal year.

Key Headlines Impacting IREN

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Reports that Anthropic is considering IREN for a massive Australian AI cloud tender have raised hopes for a major new revenue opportunity and reinforced the company’s AI data center growth story. Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN
• Positive Sentiment: Bernstein reiterated a Buy rating and a $100 target, suggesting meaningful upside and helping fuel the rebound after recent weakness. IREN Ltd (IREN) Is One Of The Top Underperforming Data Center Stocks To Buy
• Positive Sentiment: Analyst coverage highlighted IREN as one of the better AI/data-center names to own on the recent pullback, supporting the idea that investors are rotating back into the stock. IREN Stock Soars as Analyst Says Buy the Dip
• Neutral Sentiment: Coverage comparing IREN with other former Bitcoin miners, including TeraWulf, is reinforcing the broader narrative that AI contracts could re-rate the sector, but no deal has been confirmed for IREN yet. TeraWulf and IREN just joined Anthropic’s growing club of former Bitcoin miners
• Neutral Sentiment: Additional articles noted that IREN had been in a recent downtrend before the Anthropic speculation sparked buying, suggesting the move is partly a sentiment rebound rather than a fundamental announcement. Why Is IREN Stock Rising in Pre-Market Today — July 6, 2026?
• Negative Sentiment: Some commentary reminded investors that Anthropic’s Australia capacity plans are still speculative and based on leaked or reported documents, so execution and contract risk remain high. Does IREN Have the Inside Track on This $22 Billion Opportunity?

About IREN

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.