Gladstone Institutional Advisory LLC Sells 35,830 Shares of IREN Limited $IREN

Gladstone Institutional Advisory LLC trimmed its stake in IREN Limited (NASDAQ:IREN) by 51.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,617 shares of the company’s stock after selling 35,830 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in IREN were worth $1,578,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new position in shares of IREN in the second quarter valued at $6,877,000. X Square Capital LLC increased its position in shares of IREN by 129.9% during the second quarter. X Square Capital LLC now owns 435,951 shares of the company’s stock worth $6,352,000 after acquiring an additional 246,333 shares in the last quarter. Balefire LLC acquired a new stake in shares of IREN in the 2nd quarter worth about $1,214,000. Hood River Capital Management LLC acquired a new stake in shares of IREN in the 2nd quarter worth about $74,228,000. Finally, Hartline Investment Corp bought a new position in IREN in the 2nd quarter valued at about $228,000. Institutional investors and hedge funds own 41.08% of the company’s stock.

IREN Stock Performance

Shares of IREN stock opened at $43.63 on Thursday. The business’s fifty day simple moving average is $47.31 and its 200 day simple moving average is $36.95. The company has a current ratio of 5.52, a quick ratio of 5.52 and a debt-to-equity ratio of 0.34. IREN Limited has a 12 month low of $5.13 and a 12 month high of $76.87. The firm has a market capitalization of $12.37 billion, a P/E ratio of 22.49 and a beta of 4.25.

IREN (NASDAQ:IREN) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.48). The business had revenue of $240.30 million during the quarter, compared to the consensus estimate of $244.60 million. IREN had a net margin of 86.96% and a negative return on equity of 3.60%. The business’s revenue was up 28.3% on a year-over-year basis. As a group, analysts anticipate that IREN Limited will post 0.43 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. JMP Securities set a $80.00 price objective on IREN in a report on Wednesday, November 19th. Arete Research started coverage on IREN in a research report on Wednesday, September 24th. They set a “buy” rating and a $78.00 target price on the stock. Roth Capital set a $94.00 price target on IREN and gave the stock a “buy” rating in a report on Monday, November 3rd. UBS Group reissued a “buy” rating on shares of IREN in a research report on Friday, November 7th. Finally, Zacks Research upgraded IREN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Twelve investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.64.

IREN News Roundup

Here are the key news stories impacting IREN this week:

• Positive Sentiment: Large AI/customer contract(s) and clear pivot to AI/data centers support a longer‑term growth narrative; management is targeting multi‑billion run‑rate revenue and reports a sizable Microsoft hosting agreement that underpins contracted demand. Why IREN Is Cheap Now
• Positive Sentiment: Analyst sentiment has improved into 2026 with several initiations/upgrades and rising price targets; MarketBeat highlights institutional accumulation and a consensus bias toward Moderate Buy that could support upside if execution continues. IREN Limited: A Data Center Power Play in Rebound Mode
• Neutral Sentiment: Market narrative ties IREN to both crypto‑miner rebound stories and the broader AI infrastructure surge — this brings investor interest but also makes the stock sensitive to crypto moves and AI hype cycles. Is 2026 The Year to Load Up on Crypto Miners?
• Neutral Sentiment: Catalyst setup: CES attention and recent analyst pieces drove short‑term jumps; upcoming quarterly results and execution on the AI deals are likely catalysts that could swing the stock either way. Looking At The Narrative For IREN After AI Cloud Deals And Split Analyst Views
• Negative Sentiment: High valuation metrics (P/S roughly 24x by some estimates) and mixed analyst views leave the stock in “hold” territory for some investors — expensive relative to current revenue unless AI contracts deliver predictable ARR. IREN Stock Trading at a P/S of 24.12X
• Negative Sentiment: Execution and near‑term financials remain uneven: recent quarterly results included an EPS miss and a revenue slight miss, and the stock carries high beta and elevated short interest — factors that increase downside risk during any disappointment. IREN Stock: Navigating Volatility in the AI Infrastructure Surge

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.