IREN (NASDAQ:IREN) Shares Unloaded Rep. Cleo Fields

Representative Cleo Fields (D-Louisiana) recently sold shares of IREN Limited (NASDAQ:IREN). In a filing disclosed on January 16th, the Representative disclosed that they had sold between $50,001 and $100,000 in IREN stock on December 26th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 12/26/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/15/2025.
• Sold $1,001 – $15,000 in shares of SoundHound AI (NASDAQ:SOUN) on 12/15/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 12/15/2025.
• Sold $15,001 – $50,000 in shares of CoreWeave (NASDAQ:CRWV) on 12/11/2025.
• Sold $15,001 – $50,000 in shares of AT&T (NYSE:T) on 12/11/2025.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/11/2025.
• Sold $50,001 – $100,000 in shares of ARM (NASDAQ:ARM) on 12/11/2025.

IREN Stock Up 11.2%

IREN opened at $57.72 on Tuesday. The company has a market capitalization of $16.36 billion, a PE ratio of 29.75 and a beta of 4.25. The company has a debt-to-equity ratio of 0.34, a current ratio of 5.52 and a quick ratio of 5.52. IREN Limited has a fifty-two week low of $5.13 and a fifty-two week high of $76.87. The business has a 50-day moving average of $45.23 and a 200-day moving average of $39.26.

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

Institutional Trading of IREN

Several large investors have recently added to or reduced their stakes in IREN. Baader Bank Aktiengesellschaft purchased a new position in shares of IREN during the 2nd quarter worth $4,808,000. Wealth Enhancement Advisory Services LLC lifted its position in IREN by 5.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 61,248 shares of the company’s stock valued at $892,000 after buying an additional 3,307 shares during the last quarter. AFG Fiduciary Services Limited Partnership acquired a new position in IREN in the second quarter valued at about $254,000. Farther Finance Advisors LLC boosted its stake in IREN by 59.9% during the second quarter. Farther Finance Advisors LLC now owns 25,038 shares of the company’s stock worth $365,000 after buying an additional 9,384 shares during the period. Finally, Clear Harbor Asset Management LLC acquired a new stake in shares of IREN during the second quarter valued at about $277,000. 41.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. 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 report on Monday, November 10th. BTIG Research lifted their price objective on IREN from $32.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Macquarie upped their target price on IREN to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Citizens Jmp assumed coverage on IREN in a research report on Wednesday, November 19th. They issued a “market outperform” rating and a $80.00 target price for the company. Finally, Roth Capital set a $94.00 price target on shares of IREN and gave the company a “buy” rating in a report on Monday, November 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $69.36.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.