Y Intercept Hong Kong Ltd Sells 331,176 Shares of IREN Limited $IREN

Y Intercept Hong Kong Ltd reduced its holdings in shares of IREN Limited (NASDAQ:IREN) by 70.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,794 shares of the company’s stock after selling 331,176 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.05% of IREN worth $6,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of IREN. Hood River Capital Management LLC bought a new position in IREN during the 2nd quarter valued at about $74,228,000. Situational Awareness LP lifted its position in IREN by 90.1% during the second quarter. Situational Awareness LP now owns 6,400,384 shares of the company’s stock valued at $93,254,000 after purchasing an additional 3,034,254 shares during the period. Merewether Investment Management LP purchased a new stake in IREN in the second quarter worth approximately $21,025,000. Alkeon Capital Management LLC bought a new stake in IREN in the 2nd quarter worth approximately $14,570,000. Finally, Invesco Ltd. raised its stake in IREN by 45.9% during the 2nd quarter. Invesco Ltd. now owns 2,974,674 shares of the company’s stock valued at $43,341,000 after buying an additional 936,333 shares during the last quarter. 41.08% of the stock is currently owned by institutional investors.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Technical momentum is building after a pullback—analysts note IREN is forming a bullish continuation pattern, holding key moving averages with improving momentum and Fibonacci targets that point toward further upside beyond prior highs. This narrative supports momentum-driven buying. IREN Price Forecast: Bullish Momentum Builds After Pullback
• Positive Sentiment: Strategic pivot toward Microsoft’s AI cloud is being discussed as reshaping the investment case for IREN—if partnerships or product integrations with Microsoft accelerate revenue growth or improve margins, that could materially raise investor expectations and valuation multiples. Market reactions suggest investors are pricing in potential upside from this shift. Is IREN’s Microsoft AI Cloud Pivot Reshaping The Investment Case For IREN (IREN)?
• Neutral Sentiment: Company announced its Q2 FY26 results release and conference call for Feb 5—this is a near-term catalyst that can reinforce the recent move (beat) or trigger a reset (miss). Investors should mark the date and listen for guidance, revenue mix and margin details. IREN to Release Q2 FY26 Results on February 5, 2026
• Negative Sentiment: After a strong run, the stock is pausing as investors take profits—coverage notes a short-term consolidation (“pause for breath”), which could increase volatility and lead to pullbacks if buying dries up or if upcoming results disappoint. IREN Shares Pause for Breath Following Meteoric Rise

IREN Price Performance

IREN stock opened at $56.68 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.52 and a current ratio of 5.52. The company’s fifty day moving average price is $45.40 and its 200-day moving average price is $40.15. IREN Limited has a one year low of $5.13 and a one year high of $76.87. The company has a market capitalization of $16.07 billion, a PE ratio of 29.22 and a beta of 4.25.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on IREN shares. Wall Street Zen upgraded IREN from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. B. Riley reissued a “buy” rating on shares of IREN in a research report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of IREN in a research note on Monday, December 29th. Compass Point restated a “buy” rating and set a $105.00 target price on shares of IREN in a research report on Friday, November 7th. Finally, Canaccord Genuity Group boosted their price objective on shares of IREN from $42.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Thirteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, IREN presently has a consensus rating of “Moderate Buy” and an average price target of $69.36.

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.