294,973 Shares of IREN Limited $IREN Purchased by Nan Fung Trinity HK Ltd.

Posted by Geri Gentry on Nov 13th, 2026

Nan Fung Trinity HK Ltd. acquired a new position in IREN Limited (NASDAQ:IREN – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 294,973 shares of the company’s stock, valued at approximately $12,058,000. Nan Fung Trinity HK Ltd. owned approximately 0.07% of IREN at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Allworth Financial LP raised its holdings in shares of IREN by 4.4% during the 2nd quarter. Allworth Financial LP now owns 7,162 shares of the company’s stock valued at $328,000 after buying an additional 305 shares in the last quarter. Versant Capital Management Inc boosted its stake in IREN by 14.5% in the second quarter. Versant Capital Management Inc now owns 2,509 shares of the company’s stock worth $115,000 after buying an additional 317 shares in the last quarter. Hollencrest Capital Management boosted its stake in IREN by 50.0% in the first quarter. Hollencrest Capital Management now owns 1,050 shares of the company’s stock worth $36,000 after buying an additional 350 shares in the last quarter. WealthPlan Investment Management LLC grew its position in IREN by 3.7% during the third quarter. WealthPlan Investment Management LLC now owns 11,190 shares of the company’s stock valued at $457,000 after acquiring an additional 404 shares during the last quarter. Finally, Ascent Wealth Partners LLC grew its position in IREN by 2.6% during the third quarter. Ascent Wealth Partners LLC now owns 15,866 shares of the company’s stock valued at $649,000 after acquiring an additional 404 shares during the last quarter. 41.08% of the stock is currently owned by institutional investors.

IREN Trading Down 6.5%

NASDAQ:IREN opened at $19.48 on Friday. The company has a fifty day moving average of $34.52 and a 200 day moving average of $42.94. IREN Limited has a 52 week low of $17.16 and a 52 week high of $70.71. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.77. The firm has a market capitalization of $7.68 billion, a P/E ratio of -4.77 and a beta of 4.33.

IREN (NASDAQ:IREN – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.66) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.06. IREN had a negative net margin of 194.36% and a negative return on equity of 16.36%. The business had revenue of $228.00 million for the quarter, compared to analyst estimates of $228.26 million. On average, research analysts predict that IREN Limited will post 0.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on IREN. Northland Securities began coverage on shares of IREN in a report on Friday, September 18th. They set an “outperform” rating and a $99.00 target price on the stock. JPMorgan Chase & Co. lowered their price target on shares of IREN from $65.00 to $55.00 and set an “overweight” rating for the company in a research note on Monday. BTIG Research restated a “buy” rating on shares of IREN in a research report on Friday, November 6th. B. Riley Financial reduced their price objective on IREN from $91.00 to $64.00 and set a “buy” rating on the stock in a research note on Friday, October 30th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $79.00 price objective on shares of IREN in a research note on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, IREN currently has an average rating of “Moderate Buy” and an average price target of $64.57.

View Our Latest Research Report on IREN

Trending Headlines about IREN

Here are a few of the latest headlines about IREN:

Positive Sentiment: IREN says its Horizon 1 data center delivered 22% faster than the industry benchmark, and Microsoft accepted the project in August. This is evidence of execution, although later phases remain important for growth. IREN says Horizon 1 delivered 22% faster than industry benchmark
Neutral Sentiment: Google’s planned investment in Nordic data centers highlights growing interest in regions with abundant power and supportive permitting. That could reinforce the appeal of IREN’s broader market, but the report does not announce a deal with IREN. Google’s $13 Billion Nordic Bet Points to a New Global Front in the AI Power Race
Negative Sentiment: An analyst downgrade added company-specific pressure. At the same time, weak guidance and heavy spending plans from peer Nebius raised concerns about AI infrastructure demand, capital requirements, and possible excess capacity across the sector. IREN stock price down on analyst downgrade Nebius tumbles on soft guidance and bigger spending plans

IREN Company Profile

(Free Report)

IREN Limited, formerly known as Iris Energy, develops and operates data centers for bitcoin mining and artificial intelligence cloud services. Its AI business provides access to high-performance computing infrastructure, including GPU-based services, for customers with demanding computing needs. Founded in Australia in 2018 by brothers Daniel and Will Roberts, the company has expanded its data-center operations into North America, including locations in British Columbia, Canada, and Texas. IREN has emphasized developing facilities with access to renewable energy.