31,451 Shares in IREN Limited $IREN Bought by Quantinno Capital Management LP

Quantinno Capital Management LP bought a new position in shares of IREN Limited (NASDAQ:IREN) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 31,451 shares of the company’s stock, valued at approximately $1,078,000.

A number of other large investors have also recently added to or reduced their stakes in IREN. Situational Awareness LP raised its stake in shares of IREN by 20.5% in the 4th quarter. Situational Awareness LP now owns 8,700,621 shares of the company’s stock valued at $328,622,000 after purchasing an additional 1,480,200 shares during the period. Marex Group plc boosted its position in shares of IREN by 14,216.7% during the fourth quarter. Marex Group plc now owns 4,471,263 shares of the company’s stock worth $168,880,000 after buying an additional 4,440,032 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of IREN during the fourth quarter worth about $158,677,000. Clear Street Group Inc. bought a new position in shares of IREN during the fourth quarter worth about $137,075,000. Finally, Value Aligned Research Advisors LLC grew its holdings in shares of IREN by 10.9% during the third quarter. Value Aligned Research Advisors LLC now owns 3,621,974 shares of the company’s stock worth $169,979,000 after buying an additional 355,826 shares in the last quarter. Institutional investors own 41.08% of the company’s stock.

IREN Price Performance

Shares of NASDAQ IREN opened at $44.06 on Friday. The stock has a market capitalization of $15.75 billion, a price-to-earnings ratio of 91.79 and a beta of 4.29. The business has a 50-day moving average of $44.54 and a 200-day moving average of $46.30. 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 Limited has a fifty-two week low of $17.22 and a fifty-two week high of $76.87.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Microsoft accepted IREN’s first 50-megawatt AI cloud deployment. Horizon 1 at the Childress, Texas campus has been delivered and accepted, marking the first phase of four planned direct-to-chip liquid-cooled deployments for Microsoft. This provides evidence that IREN is moving from development toward revenue-generating AI infrastructure. IREN Delivers Horizon 1 to Microsoft and Achieves NVIDIA Exemplar Cloud Status
• Positive Sentiment: NVIDIA granted IREN Exemplar Cloud status for its GB300 NVL72 platform. The recognition supports IREN’s credibility as a provider of advanced AI computing capacity and complements its Microsoft relationship. IREN stock jumps after Microsoft Horizon 1 delivery and NVIDIA status
• Positive Sentiment: Analysts see substantial upside from IREN’s transition from bitcoin mining to AI cloud infrastructure. Coverage cited contracted annual recurring revenue potentially rising from approximately $4 billion in 2026 to $10 billion by 2028, while Bernstein reiterated a Buy rating and a $100 price target. Bernstein reiterates Buy rating on IREN
• Neutral Sentiment: IREN will report fiscal 2026 results on August 27. The upcoming report could provide important details on Horizon 1 revenue, additional Microsoft deployments, capital spending, funding needs and bitcoin-mining performance. IREN to Release FY26 Results on August 27, 2026
• Negative Sentiment: Near-term pressure may reflect profit-taking and valuation concerns. IREN has a high-beta profile and trades at a demanding earnings multiple after a sharp rally. Investors may also remain cautious about the substantial capital required to build out AI capacity and the risks of relying on successful execution of large customer deployments.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on IREN shares. The Goldman Sachs Group reissued a “neutral” rating on shares of IREN in a research report on Monday, July 20th. Compass Point reaffirmed a “buy” rating on shares of IREN in a research note on Tuesday, July 21st. Citigroup reaffirmed a “market outperform” rating on shares of IREN in a research note on Tuesday, July 21st. B. Riley Financial lifted their price objective on shares of IREN from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Cantor Fitzgerald boosted their price objective on shares of IREN from $77.00 to $99.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, IREN currently has an average rating of “Moderate Buy” and a consensus target price of $83.00.

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.