IREN Limited $IREN Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lowered its stake in IREN Limited (NASDAQ:IREN) by 57.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 467,930 shares of the company’s stock after selling 642,689 shares during the period. Exchange Traded Concepts LLC’s holdings in IREN were worth $17,674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Situational Awareness LP increased its position in shares of IREN by 90.1% in the 2nd quarter. Situational Awareness LP now owns 6,400,384 shares of the company’s stock valued at $93,254,000 after acquiring an additional 3,034,254 shares during the period. Hood River Capital Management LLC acquired a new stake in IREN during the 2nd quarter worth about $74,228,000. Value Aligned Research Advisors LLC lifted its position in IREN by 18.6% during the 3rd quarter. Value Aligned Research Advisors LLC now owns 3,873,337 shares of the company’s stock worth $181,776,000 after acquiring an additional 607,189 shares during the period. Invesco Ltd. grew 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 purchasing an additional 936,333 shares during the last quarter. Finally, UBS Group AG grew its stake in IREN by 37.3% during the 3rd quarter. UBS Group AG now owns 2,767,452 shares of the company’s stock valued at $129,877,000 after purchasing an additional 751,635 shares during the last quarter. 41.08% of the stock is currently owned by institutional investors and hedge funds.

More IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Seeking Alpha argues IREN is gaining an advantage in an AI-related scarce resource (infrastructure/capacity), which supports a growth story and could underpin longer-term revenue/earnings upside. IREN Is Racing To Win AI’s Most Constrained Resource – And It’s Already Winning
• Positive Sentiment: Analyst sentiment is mildly favorable: American Banking News reports an average rating of “Moderate Buy” for IREN, which can support the stock if institutional buyers follow through. IREN Limited (NASDAQ:IREN) Receives Average Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: There’s a separate item on Investis Holding SA (ticker IREN on the Swiss exchange) reporting strong rental income — this is a different company and could cause ticker confusion among retail traders but does not change IREN Limited’s fundamentals. Investis Holding SA (XSWX:IREN) Full Year 2025 Earnings Call Highlights: Strong Rental Income …
• Negative Sentiment: MSN/retail-focused coverage highlights heavy bearish retail expectations (a reported ~41% downside target), which can amplify selling pressure and volatility when many traders act at once. IREN stock under traders’ radar today – retail expects 41% downside from current levels
• Negative Sentiment: Recent fundamentals: IREN missed the last quarter’s revenue and EPS estimates (significant revenue decline y/y and an EPS miss), and the stock’s high beta (4.31) plus elevated trading volume increase downside sensitivity to negative headlines or investor repositioning. (earnings data from company release)

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IREN. Cantor Fitzgerald reduced their price objective on IREN to $82.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Wall Street Zen lowered IREN from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings upgraded shares of IREN from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. B. Riley Financial reissued a “buy” rating on shares of IREN in a research report on Friday, February 6th. Finally, Canaccord Genuity Group restated a “buy” rating and set a $70.00 price objective on shares of IREN in a research note on Tuesday, February 10th. Thirteen analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, IREN currently has a consensus rating of “Moderate Buy” and an average price target of $71.69.

IREN Stock Down 6.3%

IREN stock opened at $35.09 on Friday. The stock has a market capitalization of $11.66 billion, a PE ratio of 26.38 and a beta of 4.31. IREN Limited has a 12 month low of $5.13 and a 12 month high of $76.87. The business has a 50 day simple moving average of $45.00 and a 200-day simple moving average of $47.67. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.96 and a quick ratio of 4.96.

IREN (NASDAQ:IREN) last announced its earnings results on Thursday, February 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.37). IREN had a net margin of 56.59% and a negative return on equity of 10.01%. The business had revenue of $184.69 million for the quarter, compared to analysts’ expectations of $229.64 million. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. On average, analysts anticipate that IREN Limited will post 0.43 EPS for the current fiscal year.

IREN 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.