GSA Capital Partners LLP Acquires New Stake in IREN Limited $IREN

GSA Capital Partners LLP purchased a new position in IREN Limited (NASDAQ:IREN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,152 shares of the company’s stock, valued at approximately $617,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IREN. Global Retirement Partners LLC bought a new stake in IREN during the 3rd quarter valued at $25,000. SLT Holdings LLC increased its position in IREN by 6.0% during the 3rd quarter. SLT Holdings LLC now owns 10,600 shares of the company’s stock valued at $497,000 after purchasing an additional 600 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in shares of IREN by 5.8% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 22,393 shares of the company’s stock valued at $1,051,000 after purchasing an additional 1,233 shares in the last quarter. Sherman Asset Management Inc. bought a new position in shares of IREN during the third quarter valued at approximately $59,000. Finally, Vermillion Wealth Management Inc. purchased a new position in IREN during the third quarter valued at approximately $74,000. Institutional investors own 41.08% of the company’s stock.

Trending Headlines about IREN

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Analysts reiterated bullish views — Compass Point reaffirmed a Buy and set a $105 target, highlighting IREN’s expanding secured power (~4.5 GW) and strategy pivot toward data centers. Read More.
• Positive Sentiment: Institutional investor activity — Cantor Fitzgerald disclosed a material increase in its IREN stake (filed Feb. 17), signaling confidence from a large fund and providing a potential demand/support catalyst for the stock. Read More.
• Positive Sentiment: B. Riley maintained a Buy rating, reinforcing sell-side support for the company’s strategy shift. Read More.
• Neutral Sentiment: Macro/market context — IREN is frequently mentioned in Canada data-center coverage as an active operator among peers; that positions it for large-market opportunities but also more competitors and execution complexity. Read More.
• Neutral Sentiment: Odd short-interest reports show “significant increase” but list 0 shares and NaN changes — appears to be a reporting/data artifact, so no clear short-pressure signal at this time.
• Negative Sentiment: Recent earnings miss and weak top line — IREN reported a larger-than-expected loss for the Feb. quarter and revenue down ~23% year-over-year, pressuring sentiment and highlighting near-term profitability issues (high upfront capex).
• Negative Sentiment: Execution and valuation risk highlighted by analysts — Seeking Alpha pieces flag heavy upfront capex, execution risk on the neocloud pivot (despite a reported large Microsoft contract reference), and uneven near-term revenue/profitability, which can keep downward pressure on the stock until growth and margins prove out. Read More. Read More.

IREN Trading Down 7.8%

Shares of NASDAQ:IREN opened at $39.92 on Monday. The business’s 50-day moving average is $46.03 and its 200 day moving average is $44.55. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.96 and a quick ratio of 4.96. IREN Limited has a 1 year low of $5.13 and a 1 year high of $76.87. The firm has a market capitalization of $13.27 billion, a P/E ratio of 30.02 and a beta of 4.26.

IREN (NASDAQ:IREN) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.37). IREN had a negative return on equity of 10.01% and a net margin of 56.59%.The business had revenue of $184.69 million during the quarter, compared to analyst estimates of $229.64 million. IREN’s revenue was down 23.1% compared to the same quarter last year. On average, research analysts predict that IREN Limited will post 0.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wall Street Zen lowered IREN from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Citizens Jmp set a $80.00 price objective on IREN in a research note on Wednesday, November 19th. UBS Group reiterated a “buy” rating on shares of IREN in a research note on Friday, November 7th. Citigroup assumed coverage on shares of IREN in a report on Wednesday, November 19th. They issued an “outperform” rating for the company. Finally, Zacks Research upgraded shares of IREN from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Thirteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, IREN currently has an average rating of “Moderate Buy” and an average price target of $71.69.

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.