Arlington Capital Management Inc. Has $3.45 Million Stock Holdings in IREN Limited $IREN

Arlington Capital Management Inc. increased its position in shares of IREN Limited (NASDAQ:IREN) by 1,530.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,527 shares of the company’s stock after purchasing an additional 94,360 shares during the quarter. IREN accounts for approximately 1.9% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 15th largest position. Arlington Capital Management Inc.’s holdings in IREN were worth $3,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new stake in shares of IREN during the 1st quarter valued at $3,337,000. Peterson Wealth Services lifted its stake in shares of IREN by 14.5% in the 1st quarter. Peterson Wealth Services now owns 19,936 shares of the company’s stock valued at $683,000 after purchasing an additional 2,519 shares during the period. Kestra Advisory Services LLC lifted its position in shares of IREN by 18.0% during the 1st quarter. Kestra Advisory Services LLC now owns 45,688 shares of the company’s stock valued at $1,566,000 after acquiring an additional 6,968 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of IREN during the 1st quarter worth about $20,878,000. Finally, Resona Asset Management Co. Ltd. bought a new position in IREN in the first quarter worth approximately $2,706,000. Institutional investors own 41.08% of the company’s stock.

IREN Stock Down 1.4%

IREN traded down $0.58 during midday trading on Friday, reaching $41.14. The company’s stock had a trading volume of 29,984,138 shares, compared to its average volume of 35,716,524. The company has a current ratio of 3.72, a quick ratio of 3.72 and a debt-to-equity ratio of 1.44. The stock’s 50-day moving average is $54.14 and its 200-day moving average is $47.74. IREN Limited has a 1 year low of $14.72 and a 1 year high of $76.87. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 85.71 and a beta of 4.27.

IREN (NASDAQ:IREN) last released its quarterly earnings data 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). IREN had a net margin of 20.90% and a negative return on equity of 13.13%. The business had revenue of $144.79 million during the quarter, compared to the consensus estimate of $219.69 million. As a group, research analysts expect that IREN Limited will post -1.25 EPS for the current year.

Analyst Ratings Changes

IREN has been the topic of a number of recent research reports. HC Wainwright raised their target price on IREN to $85.00 and gave the company a “buy” rating in a report on Friday, May 8th. Cantor Fitzgerald raised their price objective on shares of IREN from $77.00 to $99.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. 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 note on Thursday, June 4th. BTIG Research boosted their target price on shares of IREN to $80.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Jefferies Financial Group began coverage on shares of IREN in a research report on Thursday, June 18th. They issued a “buy” rating and a $79.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $82.36.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Bernstein reiterated a Buy rating on IREN and assigned a $100 price target, reinforcing a bullish view on the company’s AI/data center growth prospects. Article: Bernstein Reiterates Buy Rating on Iren Limited (IREN)
• Positive Sentiment: Freedom Capital reportedly upgraded IREN to Buy from Hold, adding to the recent wave of bullish analyst sentiment. Article: Bernstein Reiterates Buy Rating on Iren Limited (IREN)
• Positive Sentiment: Market commentary continues to favor IREN as an AI infrastructure and bitcoin-mining-to-AI conversion story, which has supported investor interest in the stock. Article: CRWV, NBIS, IREN: Why Neocloud Stocks Bounced Back on 7/8/26
• Neutral Sentiment: Short-interest data showed 0 shares reported, offering no meaningful new signal for traders.
• Neutral Sentiment: Recent articles also discussed new C-suite hires and a larger RSU award for co-CEOs, but these headlines are more about execution and governance than an immediate fundamental change. Article: IREN chair defends large RSU grants to co-CEOs as retention measure through 2033
• Negative Sentiment: Some recent commentary argued that IREN may already be fully valued after a huge multi-year rally, raising concerns that the stock could be vulnerable if growth expectations cool. Article: IREN (IREN) Stock Looks Fully Valued On Its Very Large 3 Year Run
• Negative Sentiment: Governance-related headlines around RSU grants to co-founders/co-CEOs have also created some investor unease and may be weighing on sentiment. Article: IREN Stock Drops as Chair Defends Stock Award to Co-Founders

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.