Continuum Advisory LLC Sells 50,352 Shares of IREN Limited $IREN

Continuum Advisory LLC lowered its position in shares of IREN Limited (NASDAQ:IREN) by 41.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 71,831 shares of the company’s stock after selling 50,352 shares during the period. Continuum Advisory LLC’s holdings in IREN were worth $3,371,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Drive Wealth Management LLC increased its holdings in shares of IREN by 3.0% in the 2nd quarter. Drive Wealth Management LLC now owns 40,924 shares of the company’s stock valued at $596,000 after acquiring an additional 1,179 shares during the period. Wellington Management Group LLP increased its holdings in shares of IREN by 11.7% during the first quarter. Wellington Management Group LLP now owns 13,212 shares of the company’s stock valued at $80,000 after acquiring an additional 1,387 shares in the last quarter. Centaurus Financial Inc. raised its holdings in shares of IREN by 5.3% in the second quarter. Centaurus Financial Inc. now owns 31,150 shares of the company’s stock worth $454,000 after buying an additional 1,570 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in IREN by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 105,528 shares of the company’s stock worth $1,538,000 after acquiring an additional 1,716 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of 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 purchasing an additional 1,839 shares during the last quarter. 41.08% of the stock is owned by hedge funds and other institutional investors.

IREN News Summary

Here are the key news stories impacting IREN this week:

• Positive Sentiment: 247WallStreet argues the recent pullback in IREN looks overdone given the company’s rapid 2025 run and fundamental growth drivers — the piece calls the drop “unwarranted” and frames it as a buying opportunity. Here’s Why The Drop In IREN Stock Makes No Sense
• Positive Sentiment: The Motley Fool (4 Tech Stocks list) highlights IREN’s strategic pivot beyond Bitcoin mining after it signed a large capacity deal with Microsoft, positioning IREN as an AI/data‑center play that could benefit from secular demand for cloud compute and power. 4 Tech Stocks With More Potential Than Any Cryptocurrency
• Positive Sentiment: Another Motley Fool piece names IREN as a candidate to lead the next AI cycle given its energy and data‑center positioning plus the Microsoft agreement — coverage that can attract momentum investors focused on AI infrastructure. Prediction: 1 Artificial Intelligence Stock Will Lead the Next Bull Market
• Neutral Sentiment: MSN published a comparative piece (IREN vs Nebius) weighing which “neocloud” name is a better bet for 2026; useful for investors doing peer benchmarking but not a clear buy/sell signal on its own. IREN vs Nebius: Which neocloud stock is a better bet heading into 2026?
• Negative Sentiment: Seeking Alpha warns that “aggressive dilution is inevitable,” citing likely future capital raises to fund growth and capacity deals; that thesis increases downside risk for existing shareholders through share issuance and potential EPS dilution. IREN: Aggressive Dilution Is Inevitable
• Negative Sentiment: Coverage reporting an intraday ~4% decline (and asking “time to sell?”) highlights short‑term selling pressure and volume swings that can amplify volatility; this piece reinforces the market’s caution despite positive partnership headlines. IREN (NASDAQ:IREN) Trading Down 4% – Time to Sell?

IREN Price Performance

IREN stock opened at $39.38 on Tuesday. The business has a 50 day moving average price of $49.70 and a 200 day moving average price of $35.56. IREN Limited has a fifty-two week low of $5.13 and a fifty-two week high of $76.87. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 0.34. The stock has a market cap of $11.16 billion, a price-to-earnings ratio of 20.30 and a beta of 4.23.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Arete Research began coverage on IREN in a research report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 price objective on the stock. Macquarie lifted their price target on shares of IREN to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Compass Point reiterated a “buy” rating and set a $105.00 price objective on shares of IREN in a research note on Friday, November 7th. The Goldman Sachs Group began coverage on shares of IREN in a research note on Thursday, December 18th. They set a “neutral” rating and a $39.00 price objective for the company. Finally, Canaccord Genuity Group raised their price objective on shares of IREN from $42.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Twelve analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, IREN has an average rating of “Moderate Buy” and a consensus price target of $67.64.

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.