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Australian Ethical Investment Increases Stake in Nuix Ltd.

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Australian Ethical Investment Increases Stake in Nuix Ltd.

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Nuix Ltd. ( (AU:NXL) ) has shared an update.

Australian Ethical Investment Limited has increased its stake in Nuix Limited, as indicated by a recent change in the interests of a substantial shareholder. The voting power of Australian Ethical Investment in Nuix has risen from 6.10% to 7.15%, reflecting a strategic move that could influence the company’s governance and decision-making processes. This change in shareholder interest may have implications for Nuix’s market positioning and operational strategies.

The most recent analyst rating on (AU:NXL) stock is a Hold with a A$2.60 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.

More about Nuix Ltd.

Nuix Ltd. operates in the technology sector, specializing in software solutions that enable organizations to process and analyze large volumes of unstructured data. The company focuses on providing tools for digital investigation, cybersecurity, and information governance.

Average Trading Volume: 1,659,485

Technical Sentiment Signal: Sell

Current Market Cap: A$750.8M

See more data about NXL stock on TipRanks’ Stock Analysis page.

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