Matauro LLC Trims Stock Position in IREN Limited $IREN

Matauro LLC cut its position in IREN Limited (NASDAQ:IREN) by 74.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,224 shares of the company’s stock after selling 29,197 shares during the quarter. Matauro LLC’s holdings in IREN were worth $480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IREN. Charles Schwab Investment Management Inc. lifted its position in shares of IREN by 13.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 809,080 shares of the company’s stock worth $4,927,000 after purchasing an additional 98,190 shares during the last quarter. Wellington Management Group LLP grew its stake in IREN by 11.7% during the 1st quarter. Wellington Management Group LLP now owns 13,212 shares of the company’s stock worth $80,000 after buying an additional 1,387 shares during the last quarter. CW Advisors LLC purchased a new stake in IREN in the first quarter valued at approximately $122,000. Aurelius Capital Management LP purchased a new position in shares of IREN during the first quarter worth about $311,000. Finally, Ieq Capital LLC purchased a new position in shares of IREN in the 1st quarter valued at approximately $2,876,000. 41.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Compass Point reissued a “buy” rating and issued a $105.00 price target on shares of IREN in a report on Friday, November 7th. BTIG Research raised their price target on shares of IREN from $32.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. UBS Group restated a “buy” rating on shares of IREN in a research report on Friday, November 7th. HC Wainwright lifted their price target on IREN from $45.00 to $56.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. Finally, Zacks Research raised shares of IREN from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, IREN currently has an average rating of “Moderate Buy” and an average target price of $67.64.

Key IREN News

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Major contract & capital raise bolster growth outlook — Seeking Alpha highlights a potential $9.7 billion Microsoft contract, IREN’s target of ~$3.4B ARR by 2026 while using only a fraction of its power pipeline, and a recent $4B capital raise to fund GPUs and buildout. These are clear catalysts supporting revenue visibility and execution of AI data-center demand. IREN: Big Contract Catalyst
• Positive Sentiment: Analyst upgrade reduces near-term downside risk — Zacks moved IREN from “strong sell” to “hold,” which may help stabilize investor sentiment after recent volatility and supports the stock’s recovery narrative. Zacks upgrade coverage
• Neutral Sentiment: Goldman Sachs starts coverage with a neutral rating and $39 PT — initiation is not a buy and implies limited upside from current levels, so it likely tempers some of the upside from operational catalysts without adding fresh conviction. Goldman Sachs initiation
• Negative Sentiment: Analyst omission drove near-term selling pressure — A broader data-center analyst report named two preferred buys and left IREN off the top picks list, contributing to recent weakness as momentum players rotated to favorites. This explains some of the intraweek clobbering noted in coverage. Why Iren Stock Was Getting Clobbered This Week

IREN Stock Up 11.5%

Shares of IREN stock opened at $39.92 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 5.52 and a quick ratio of 5.52. IREN Limited has a 1-year low of $5.13 and a 1-year high of $76.87. The business’s fifty day moving average price is $52.41 and its two-hundred day moving average price is $33.89. The company has a market capitalization of $11.32 billion, a P/E ratio of 20.58 and a beta of 4.23.

IREN Company 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.