IREN Limited $IREN Shares Sold by Rockefeller Capital Management L.P.

Key Points

• Rockefeller Capital Management sharply reduced its IREN position in Q4, selling 35,400 shares and cutting its stake by 79.1% to 9,362 shares worth about $354,000.
• Institutional ownership remains meaningful, with hedge funds and other investors holding 41.08% of IREN’s stock, while several smaller funds added new positions during the quarter.
• Analyst sentiment is still broadly positive: IREN has a Moderate Buy consensus, with 14 Buy ratings and an average price target of $82.36, even as the stock recently traded at $40.97 and posted a weaker-than-expected quarterly earnings report.

Rockefeller Capital Management L.P. trimmed its stake in shares of IREN Limited (NASDAQ:IREN - Free Report) by 79.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,362 shares of the company's stock after selling 35,400 shares during the period. Rockefeller Capital Management L.P.'s holdings in IREN were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of IREN. Miller Wealth Advisors LLC raised its position in shares of IREN by 240.0% in the fourth quarter. Miller Wealth Advisors LLC now owns 680 shares of the company's stock worth $26,000 after acquiring an additional 480 shares during the period. North Star Investment Management Corp. acquired a new position in IREN during the fourth quarter worth $26,000. Clearstead Trust LLC purchased a new position in IREN during the fourth quarter valued at $27,000. Aventura Private Wealth LLC acquired a new stake in shares of IREN in the fourth quarter valued at about $28,000. Finally, Motco acquired a new stake in shares of IREN in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 41.08% of the company's stock.

Wall Street Analysts Forecast Growth

IREN has been the subject of several research analyst reports. Freedom Capital upgraded shares of IREN to a "hold" rating in a research report on Wednesday, April 1st. Jefferies Financial Group began coverage on IREN in a report on Thursday, June 18th. They issued a "buy" rating and a $79.00 price objective on the stock. B. Riley Financial boosted their price objective on IREN from $88.00 to $96.00 and gave the stock a "buy" rating in a research note on Thursday, June 4th. HC Wainwright increased their target price on IREN to $85.00 and gave the company a "buy" rating in a report on Friday, May 8th. Finally, Sanford C. Bernstein set a $96.00 target price on IREN in a research report on Thursday, June 4th. Fourteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $82.36.

IREN Price Performance

NASDAQ:IREN opened at $40.97 on Tuesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.72 and a current ratio of 3.72. The stock has a 50 day moving average price of $54.55 and a 200 day moving average price of $47.68. The stock has a market cap of $14.64 billion, a PE ratio of 85.67 and a beta of 4.27. IREN Limited has a one year low of $14.72 and a one year high of $76.87.

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

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Reports that Anthropic is considering IREN for a massive Australian AI cloud tender have raised hopes for a major new revenue opportunity and reinforced the company’s AI data center growth story. Anthropic’s A$22 Billion Australian AI Cloud Tender Might Change The Case For Investing In IREN
• Positive Sentiment: Bernstein reiterated a Buy rating and a $100 target, suggesting meaningful upside and helping fuel the rebound after recent weakness. IREN Ltd (IREN) Is One Of The Top Underperforming Data Center Stocks To Buy
• Positive Sentiment: Analyst coverage highlighted IREN as one of the better AI/data-center names to own on the recent pullback, supporting the idea that investors are rotating back into the stock. IREN Stock Soars as Analyst Says Buy the Dip
• Neutral Sentiment: Coverage comparing IREN with other former Bitcoin miners, including TeraWulf, is reinforcing the broader narrative that AI contracts could re-rate the sector, but no deal has been confirmed for IREN yet. TeraWulf and IREN just joined Anthropic's growing club of former Bitcoin miners
• Neutral Sentiment: Additional articles noted that IREN had been in a recent downtrend before the Anthropic speculation sparked buying, suggesting the move is partly a sentiment rebound rather than a fundamental announcement. Why Is IREN Stock Rising in Pre-Market Today — July 6, 2026?
• Negative Sentiment: Some commentary reminded investors that Anthropic’s Australia capacity plans are still speculative and based on leaked or reported documents, so execution and contract risk remain high. Does IREN Have the Inside Track on This $22 Billion Opportunity?

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.

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