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Daniel John Roberts, Co-Chief Executive Officer of IREN Ltd (FOREIGN:IREN), sold 1,000,000 ordinary shares of the company on September 11, 2025, at a price of $33.131 per share. The total value of the transaction amounted to $33,131,000. The sale comes as IREN shares trade near their 52-week high of $33.76, with the stock showing remarkable momentum, gaining over 366% in the past six months. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions, with average daily trading volume reaching 28.7 million shares.
Following the transaction, Roberts indirectly holds 13,989,696 ordinary shares through the Awassi Capital Trust #2. IREN, currently valued at $9.15 billion, has shown strong financial health according to InvestingPro’s comprehensive analysis, which includes 20+ additional insights available to subscribers.
In other recent news, IREN Limited has reported significant developments that are catching the attention of investors. The company announced the appointment of Anthony Lewis as its new Chief Financial Officer, who will lead financial operations and strategic planning. Following IREN’s record quarterly and annual results for the fourth quarter and fiscal year 2025, H.C. Wainwright raised its price target for the company to $36, maintaining a Buy rating. Similarly, Macquarie increased its price target to $33, citing the company’s strong performance in artificial intelligence operations. However, Jones Trading downgraded IREN from Buy to Hold, citing a balanced valuation after a 170% year-to-date gain. These updates reflect a mix of optimism and caution among analysts regarding IREN’s future prospects.
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