Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases Shares of 72,500 IREN Limited $IREN

Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of IREN Limited (NASDAQ:IREN) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 72,500 shares of the company’s stock, valued at approximately $2,485,000.

Other large investors also recently bought and sold shares of the company. Miller Wealth Advisors LLC increased its stake in IREN by 240.0% during the fourth quarter. Miller Wealth Advisors LLC now owns 680 shares of the company’s stock worth $26,000 after acquiring an additional 480 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in shares of IREN in the fourth quarter valued at $26,000. Clearstead Trust LLC bought a new position in IREN during the 4th quarter valued at about $27,000. Aventura Private Wealth LLC bought a new position in IREN during the 4th quarter valued at about $28,000. Finally, Motco purchased a new stake in IREN in the 4th quarter worth about $30,000. Institutional investors own 41.08% of the company’s stock.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Investors are bidding up IREN on speculation it could win a slice of Anthropic’s reported A$22 billion Australian AI cloud tender, which would materially expand its AI hosting opportunity. Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN (IREN)
• Positive Sentiment: Analyst commentary stayed upbeat, with Bernstein reiterating a Buy rating and a $100 price target, reinforcing the view that IREN has significant upside if it keeps adding capacity on schedule. IREN Stock On Track To Break 9-Day Losing Streak – This Analyst Says The IREN Story Is ‘All About Adding Supply On Schedule’
• Positive Sentiment: Additional coverage highlighted IREN as one of the top underperforming data-center stocks that short sellers still see value in, which can support a contrarian buying narrative if AI demand continues to accelerate. IREN Ltd (IREN) Is One Of The Top Underperforming Data Center Stocks To Buy
• Neutral Sentiment: Comparisons to TeraWulf’s new Anthropic deal kept IREN in the conversation as another former Bitcoin miner that could monetize power assets for AI workloads, but no contract has been announced for IREN yet. TeraWulf and IREN just joined Anthropic’s growing club of former Bitcoin miners
• Negative Sentiment: Some articles noted IREN had been under pressure recently and had lost more than 20% over the prior five trading days, so the current move is also a reversal from a weak stretch rather than confirmation of improved fundamentals. Why Is IREN Stock Rising in Pre-Market Today — July 6, 2026?

IREN Trading Up 13.1%

NASDAQ:IREN opened at $43.91 on Tuesday. IREN Limited has a 52 week low of $14.72 and a 52 week high of $76.87. The firm has a 50 day moving average of $54.55 and a 200 day moving average of $47.68. The company has a quick ratio of 3.72, a current ratio of 3.72 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $15.69 billion, a price-to-earnings ratio of 91.48 and a beta of 4.27.

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

Analysts Set New Price Targets

A number of research firms have recently commented on IREN. Freedom Capital upgraded shares of IREN to a “hold” rating in a report on Wednesday, April 1st. B. Riley Financial increased their price target on IREN from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Sanford C. Bernstein set a $96.00 price objective on IREN in a report on Thursday, June 4th. BTIG Research upped their price objective on shares of IREN to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group assumed coverage on IREN in a report on Thursday, June 18th. They set a “buy” rating and a $79.00 target price for the company. Fourteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $82.36.

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.