Privium Fund Management B.V. Invests $6.10 Million in IREN Limited $IREN

Privium Fund Management B.V. acquired a new stake in shares of IREN Limited (NASDAQ:IREN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 130,000 shares of the company’s stock, valued at approximately $6,101,000. IREN comprises about 1.1% of Privium Fund Management B.V.’s holdings, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in IREN by 5.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 61,248 shares of the company’s stock worth $892,000 after acquiring an additional 3,307 shares during the last quarter. Matauro LLC raised its position in shares of IREN by 25.1% during the 2nd quarter. Matauro LLC now owns 39,421 shares of the company’s stock worth $574,000 after purchasing an additional 7,900 shares during the period. Sava Infond d.o.o. raised its position in shares of IREN by 65.0% during the 2nd quarter. Sava Infond d.o.o. now owns 16,500 shares of the company’s stock worth $240,000 after purchasing an additional 6,500 shares during the period. Belpointe Asset Management LLC lifted its holdings in shares of IREN by 17.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 29,348 shares of the company’s stock worth $428,000 after purchasing an additional 4,374 shares during the last quarter. Finally, SLT Holdings LLC acquired a new position in IREN during the 2nd quarter valued at approximately $146,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

IREN Price Performance

Shares of NASDAQ IREN opened at $53.74 on Friday. IREN Limited has a fifty-two week low of $5.13 and a fifty-two week high of $76.87. The firm’s 50-day simple moving average is $46.62 and its 200 day simple moving average is $41.41. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 0.34. The stock has a market cap of $15.23 billion, a P/E ratio of 27.70 and a beta of 4.25.

IREN (NASDAQ:IREN) last announced its earnings results on Thursday, November 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.48). The company had revenue of $240.30 million during the quarter, compared to the consensus estimate of $244.60 million. IREN had a net margin of 86.96% and a negative return on equity of 3.60%. The company’s revenue was up 28.3% on a year-over-year basis. Equities analysts expect that IREN Limited will post 0.43 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on IREN shares. BTIG Research upped their price objective on IREN from $32.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Canaccord Genuity Group boosted their price target on shares of IREN from $42.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 10th. Citizens Jmp initiated coverage on shares of IREN in a research report on Wednesday, November 19th. They set a “market outperform” rating and a $80.00 price target for the company. Citigroup initiated coverage on shares of IREN in a research report on Wednesday, November 19th. They issued an “outperform” rating on the stock. Finally, UBS Group reissued a “buy” rating on shares of IREN in a research note on Friday, November 7th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, IREN currently has a consensus rating of “Moderate Buy” and an average target price of $69.36.

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Anthropic funding and larger AI demand are driving IREN’s strategic shift from bitcoin mining to building AI-optimized data centers, increasing expected long?term revenue from cloud/AI customers and validating its pivot. Anthropic Funding Fuels IREN Shift From Bitcoin Mining To AI Centers
• Positive Sentiment: Major enterprise deals (notably a recently reported ~$9.7B Microsoft-related agreement cited in coverage) and comparisons vs. peers highlight large backlog potential and long-term growth from hyperscaler customers. This supports upside revenue visibility if deployments scale. Iren vs. Applied Digital: Which Is the Better Long-Term Play?
• Positive Sentiment: A disclosed congressional purchase of IREN shares (Rep. Dale Strong) has drawn investor attention and can be read as a signal of insider/connected interest, which sometimes attracts retail and momentum flows. Rep. Dale Strong Makes First-Ever Stock Trade With Purchase of IREN Shares
• Neutral Sentiment: Analyst and media coverage note strong AI cloud?led revenue trajectory and GPU expansion prospects for IREN, but also emphasize that growth is balanced by heavy capex and execution risk—an ambiguous near?term read for the stock. IREN Limited Gears Up for Q2 Earnings: What Lies Ahead for the Stock?
• Neutral Sentiment: Earlier volatility included a sharp move higher on renewed AI bets, reflecting momentum trading; such moves can reverse quickly as investors reassess fundamentals vs. hype. IREN Ltd. (IREN) soars 14.6% on further AI bets
• Negative Sentiment: Analysts expect a decline in near?term earnings and flag that IREN lacks the setup for an earnings beat in the upcoming report—this raises downside risk for the stock if results or guidance disappoint. Analysts Estimate IREN Limited (IREN) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Prior reported results showed a large EPS miss and margin/ROE weakness, underscoring execution and profitability concerns that amplify sensitivity to any weak quarterly print or heavy near?term capex news. Source: company prior quarter release (Nov).

IREN 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.