Triglav Investments D.O.O. Acquires Shares of 25,409 IREN Limited $IREN

Triglav Investments D.O.O. bought a new stake in IREN Limited (NASDAQ:IREN) during the 1st quarter, HoldingsChannel reports. The firm bought 25,409 shares of the company’s stock, valued at approximately $871,000.

A number of other institutional investors and hedge funds have also modified their holdings of IREN. Marex Group plc raised its position in shares of IREN by 14,216.7% during the 4th quarter. Marex Group plc now owns 4,471,263 shares of the company’s stock worth $168,880,000 after purchasing an additional 4,440,032 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in IREN during the 4th quarter worth approximately $158,677,000. Clear Street Group Inc. purchased a new stake in IREN during the 4th quarter worth approximately $137,075,000. Situational Awareness LP raised its holdings in shares of IREN by 90.1% during the second 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 last quarter. Finally, Quadrature Capital Ltd raised its holdings in shares of IREN by 1,022.2% during the fourth quarter. Quadrature Capital Ltd now owns 2,870,637 shares of the company’s stock valued at $108,424,000 after acquiring an additional 2,614,835 shares during the last quarter. Hedge funds and other institutional investors own 41.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on IREN shares. The Goldman Sachs Group set a $50.00 price target on IREN in a research note on Wednesday, May 27th. Jefferies Financial Group assumed coverage on IREN in a research note on Thursday, June 18th. They issued a “buy” rating and a $79.00 price objective for the company. Canaccord Genuity Group raised their price objective on IREN from $70.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein set a $96.00 target price on shares of IREN in a research note on Thursday, June 4th. Finally, HC Wainwright upped their target price on shares of IREN to $85.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $82.36.

Key Stories Impacting IREN

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

IREN Stock Performance

IREN opened at $41.14 on Monday. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 85.71 and a beta of 4.27. The company’s 50 day simple moving average is $54.14 and its two-hundred day simple moving average is $47.78. IREN Limited has a 1-year low of $14.72 and a 1-year high of $76.87. The company has a debt-to-equity ratio of 1.44, a current ratio of 3.72 and a quick ratio of 3.72.

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

IREN Company 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.