Continuum Advisory LLC Sells 50,352 Shares of IREN Limited $IREN

Continuum Advisory LLC reduced its holdings in shares of IREN Limited (NASDAQ:IREN) by 41.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,831 shares of the company’s stock after selling 50,352 shares during the quarter. Continuum Advisory LLC’s holdings in IREN were worth $3,371,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in IREN by 11.7% in the first quarter. Wellington Management Group LLP now owns 13,212 shares of the company’s stock valued at $80,000 after purchasing an additional 1,387 shares in the last quarter. Trexquant Investment LP boosted its stake in IREN by 158.6% in the first quarter. Trexquant Investment LP now owns 1,038,220 shares of the company’s stock worth $6,323,000 after buying an additional 636,767 shares in the last quarter. Quarry LP bought a new position in IREN during the first quarter valued at approximately $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of IREN by 14.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 987,466 shares of the company’s stock worth $6,014,000 after acquiring an additional 122,668 shares in the last quarter. Finally, PharVision Advisers LLC bought a new position in shares of IREN during the first quarter valued at about $126,000. Institutional investors own 41.08% of the company’s stock.

IREN Stock Performance

IREN opened at $39.38 on Tuesday. The stock has a market capitalization of $11.16 billion, a price-to-earnings ratio of 20.30 and a beta of 4.23. The company has a fifty day moving average of $49.70 and a 200 day moving average of $35.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.52 and a current ratio of 5.52. IREN Limited has a fifty-two week low of $5.13 and a fifty-two week high of $76.87.

Analysts Set New Price Targets

IREN has been the topic of a number of analyst reports. B. Riley restated a “buy” rating on shares of IREN in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. increased their target price on IREN from $28.00 to $39.00 and gave the stock an “underweight” rating in a research report on Monday, November 24th. Wall Street Zen cut shares of IREN from a “hold” rating to a “sell” rating in a report on Monday, December 22nd. Compass Point reissued a “buy” rating and issued a $105.00 target price on shares of IREN in a research note on Friday, November 7th. Finally, Zacks Research upgraded shares of IREN from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, IREN currently has an average rating of “Moderate Buy” and a consensus price target of $67.64.

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: 247WallStreet argues the recent pullback in IREN looks overdone given the company’s rapid 2025 run and fundamental growth drivers — the piece calls the drop “unwarranted” and frames it as a buying opportunity. Here’s Why The Drop In IREN Stock Makes No Sense
• Positive Sentiment: The Motley Fool (4 Tech Stocks list) highlights IREN’s strategic pivot beyond Bitcoin mining after it signed a large capacity deal with Microsoft, positioning IREN as an AI/data‑center play that could benefit from secular demand for cloud compute and power. 4 Tech Stocks With More Potential Than Any Cryptocurrency
• Positive Sentiment: Another Motley Fool piece names IREN as a candidate to lead the next AI cycle given its energy and data‑center positioning plus the Microsoft agreement — coverage that can attract momentum investors focused on AI infrastructure. Prediction: 1 Artificial Intelligence Stock Will Lead the Next Bull Market
• Neutral Sentiment: MSN published a comparative piece (IREN vs Nebius) weighing which “neocloud” name is a better bet for 2026; useful for investors doing peer benchmarking but not a clear buy/sell signal on its own. IREN vs Nebius: Which neocloud stock is a better bet heading into 2026?
• Negative Sentiment: Seeking Alpha warns that “aggressive dilution is inevitable,” citing likely future capital raises to fund growth and capacity deals; that thesis increases downside risk for existing shareholders through share issuance and potential EPS dilution. IREN: Aggressive Dilution Is Inevitable
• Negative Sentiment: Coverage reporting an intraday ~4% decline (and asking “time to sell?”) highlights short‑term selling pressure and volume swings that can amplify volatility; this piece reinforces the market’s caution despite positive partnership headlines. IREN (NASDAQ:IREN) Trading Down 4% – Time to Sell?

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.