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Zip Co Ltd. ( (AU:ZIP) ) just unveiled an announcement.
Australian superannuation investor Australian Retirement Trust has notified Zip Co Ltd that it has ceased to be a substantial shareholder in the company as of 11 March 2026. The change, disclosed via a statutory substantial holder notice, indicates that one of Zip’s significant institutional investors has reduced its holding below the substantial ownership threshold, potentially altering the company’s institutional shareholder mix and influencing perceptions of its support from large long-term investors.
The most recent analyst rating on (AU:ZIP) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Ltd is an Australian-listed financial services company operating in the buy now, pay later and digital consumer credit sector. It provides point-of-sale financing and instalment payment solutions, primarily targeting retail customers and merchants seeking alternative credit and payment options.
Average Trading Volume: 24,311,849
Technical Sentiment Signal: Sell
Current Market Cap: A$2.17B
Learn more about ZIP stock on TipRanks’ Stock Analysis page.