Can anything shut down the Gold rally?
William Gregory Roberts, Co-Chief Executive Officer of IREN Ltd (NASDAQ:IREN), sold 1,000,000 ordinary shares of the company on September 11, 2025, at a price of $33.131 per share. The sale comes as IREN’s stock trades near its 52-week high of $33.76, having surged over 366% in the past six months. According to InvestingPro analysis, the stock’s technical indicators suggest overbought conditions for the $9.15 billion company.
The transaction amounted to a total of $33,131,000. Following the transaction, Roberts indirectly holds 13,989,696 ordinary shares through the Awassi Capital Trust #1. For deeper insights into insider trading patterns and 20+ additional exclusive tips for IREN, consider accessing the comprehensive research available on InvestingPro.
In other recent news, IREN Limited announced the appointment of Anthony Lewis as its new Chief Financial Officer. Lewis, who joined the company earlier in July 2025, will now oversee IREN’s financial operations and strategic planning. On the financial front, H.C. Wainwright raised its price target for IREN to $36 from $21, maintaining a Buy rating following the company’s record quarterly and annual results. Similarly, Macquarie increased its price target to $33, citing the company’s strong fourth-quarter earnings driven by bitcoin performance and AI expansion. In contrast, Jones Trading downgraded IREN from Buy to Hold, attributing the change to a balanced valuation after a significant year-to-date gain of 170%. These developments come amid IREN’s strategic changes and financial achievements, reflecting differing analyst perspectives on the company’s future potential.
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