IREN Limited $IREN Shares Purchased by Privium Fund Management B.V.

Privium Fund Management B.V. raised its position in shares of IREN Limited (NASDAQ:IREN) by 115.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 280,000 shares of the company’s stock after buying an additional 150,000 shares during the quarter. IREN comprises 1.9% of Privium Fund Management B.V.’s portfolio, making the stock its 15th largest position. Privium Fund Management B.V.’s holdings in IREN were worth $10,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in IREN in the third quarter worth $25,000. Miller Wealth Advisors LLC boosted its holdings in IREN by 240.0% in the fourth quarter. Miller Wealth Advisors LLC now owns 680 shares of the company’s stock worth $26,000 after purchasing an additional 480 shares during the period. North Star Investment Management Corp. acquired a new position in IREN in the fourth quarter worth $26,000. Aventura Private Wealth LLC acquired a new position in IREN in the fourth quarter worth $28,000. Finally, Albion Financial Group UT acquired a new position in IREN in the fourth quarter worth $38,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on IREN. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $70.00 price objective on shares of IREN in a report on Tuesday, February 10th. Freedom Capital raised shares of IREN to a “hold” rating in a report on Wednesday, April 1st. B. Riley Financial reaffirmed a “buy” rating on shares of IREN in a report on Friday, February 6th. Weiss Ratings downgraded IREN from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 22nd. Finally, Cantor Fitzgerald cut their price target on IREN to $61.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Thirteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, IREN currently has an average rating of “Moderate Buy” and an average price target of $70.08.

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Acquisition of Mirantis: IREN signed a definitive agreement to acquire Mirantis in an all‑share transaction (~$625M at signing), adding Kubernetes orchestration, cloud‑native software and enterprise support capabilities that expand IREN’s ability to sell higher‑value AI cloud services on top of GPU infrastructure. IREN Announces Acquisition of Mirantis
• Positive Sentiment: Sweetwater 1 energization: IREN energized its 1.4 GW Sweetwater 1 data center in Texas, de‑risking capacity expansion and supporting the company’s AI scale narrative (more usable power to host GPUs and customer workloads). IREN announces energization of Sweetwater 1
• Neutral Sentiment: Market and analyst backdrop is mixed: Street coverage and price targets vary widely (median targets near $70 but several $39–$80 estimates), reflecting differing views on AI revenue traction versus execution risk. This contributes to both upside enthusiasm and caution. IREN jumps on Mirantis acquisition news
• Negative Sentiment: Execution, integration and dilution risks: The deal is stock‑only and closing is subject to conditions and approvals — investors should expect share issuance (dilution) and integration risk as Mirantis is folded into IREN’s AI Cloud strategy. Near‑term financials could remain pressured while the business mixes shift. IREN jumps on Mirantis acquisition news
• Negative Sentiment: Recent operating/earnings weakness: The company has reported revenue declines and recent EPS misses, and analysts flag falling bitcoin revenues and rising costs as potential near‑term headwinds that could limit how quickly the acquisition lifts results. IREN to Report Q3 Earnings

IREN Stock Up 10.6%

Shares of IREN stock opened at $54.74 on Wednesday. IREN Limited has a 1 year low of $6.01 and a 1 year high of $76.87. The stock has a market cap of $18.19 billion, a PE ratio of 41.16 and a beta of 4.17. The business’s fifty day moving average is $41.99 and its 200-day moving average is $46.75. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.96 and a current ratio of 4.96.

IREN (NASDAQ:IREN) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.37). IREN had a net margin of 56.59% and a negative return on equity of 10.01%. The firm had revenue of $184.69 million for the quarter, compared to analyst estimates of $229.64 million. The company’s revenue was down 23.1% on a year-over-year basis. Equities analysts expect that IREN Limited will post -0.8 earnings per share for the current fiscal year.

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.