26,531 Shares in IREN Limited $IREN Purchased by National Pension Service

National Pension Service bought a new stake in IREN Limited (NASDAQ:IREN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,531 shares of the company’s stock, valued at approximately $1,213,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IREN. GAMMA Investing LLC boosted its stake in shares of IREN by 177.5% during the 2nd quarter. GAMMA Investing LLC now owns 691 shares of the company’s stock worth $32,000 after purchasing an additional 442 shares during the last quarter. Clearstead Trust LLC acquired a new position in shares of IREN in the fourth quarter valued at approximately $27,000. Motco acquired a new position in shares of IREN in the fourth quarter valued at approximately $30,000. Purpose Unlimited Inc. purchased a new position in shares of IREN during the fourth quarter valued at approximately $34,000. Finally, Arax Advisory Partners lifted its stake in shares of IREN by 306.2% during the fourth quarter. Arax Advisory Partners now owns 979 shares of the company’s stock valued at $37,000 after buying an additional 738 shares during the period. 41.08% of the stock is currently owned by hedge funds and other institutional investors.

More IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: IREN is being highlighted as one of several former bitcoin miners positioned to become “AI landlords” by leasing power and data-center capacity to hyperscalers and AI companies. The potential for large, long-term contracts supports the company’s AI growth narrative. Bitcoin Miners Are Turning Into AI Landlords
• Positive Sentiment: IREN shares moved higher in premarket trading alongside CoreWeave and Nebius, reflecting continued investor interest in publicly traded “neocloud” companies that can supply infrastructure for AI training and inference. Why Are CoreWeave, NBIS, and IREN Rising
• Positive Sentiment: IREN’s Sweetwater announcement may indicate that the company controls a larger potential power and data-center pipeline than its publicly disclosed gigawatt figures suggest. A larger pipeline could improve its ability to capture future AI demand. IREN’s Sweetwater Announcement
• Neutral Sentiment: Recent coverage continues to frame IREN as a potential beneficiary of accelerating AI infrastructure demand, but the investment case depends on converting available computing capacity into sustainable revenue. Is IREN Stock a Buy Now?
• Negative Sentiment: IREN pulled back after co-CEO Daniel Roberts said investors want proof of the company’s targeted $1 billion AI revenue run rate. The comments reinforced concerns about execution, delivery of AI capacity, and the timing of revenue realization. IREN Stock Slides as Investors Demand Proof
• Negative Sentiment: Reports also raised questions about IREN’s $2.4 billion Blue Owl financing arrangement and a referenced $684 million obligation, adding balance-sheet and financing scrutiny to the AI expansion story. IREN’s Blue Owl Financing

IREN Price Performance

Shares of NASDAQ IREN opened at $43.83 on Monday. IREN Limited has a 52-week low of $28.93 and a 52-week high of $76.87. The firm has a fifty day moving average of $40.29 and a 200-day moving average of $45.56. The stock has a market capitalization of $17.27 billion, a PE ratio of -18.73 and a beta of 4.28. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.80.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Canaccord Genuity Group restated a “buy” rating and set a $79.00 target price on shares of IREN in a research report on Friday, August 28th. Citigroup reiterated a “market outperform” rating on shares of IREN in a report on Friday, August 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $99.00 price target on shares of IREN in a research note on Friday, August 28th. Sanford C. Bernstein restated an “outperform” rating and set a $100.00 price objective on shares of IREN in a report on Thursday, August 13th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $80.00 price objective on shares of IREN in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $81.57.

IREN Profile

IREN Limited, formerly known as Iris Energy Limited, is a data center infrastructure company focused on high-performance computing. The company develops and operates data centers powered by renewable energy and uses this infrastructure primarily for Bitcoin mining and, increasingly, artificial intelligence and other GPU-intensive cloud-computing applications.

IREN designs, builds and operates its own data centers, providing access to electrical power, computing hardware and related infrastructure.