Bank of America Exits Substantial Holding in Predictive Discovery

An update from Predictive Discovery Limited ( (AU:PDI) ) is now available.

Bank of America Corporation and certain related entities have disclosed that they have ceased to be substantial shareholders in Predictive Discovery Limited as of 23 March 2026. The change follows adjustments in their relevant interests in the company’s voting securities, signalling a reduction in a major institutional investor’s stake and potentially altering the company’s institutional shareholder mix.

The notice lists various Bank of America and Merrill Lynch entities across the U.S., Europe and Australia that previously held or administered positions in Predictive Discovery. While no new associates were reported, the exit of this substantial holder may affect market perceptions of liquidity and support for the stock, depending on how the divested shares have been absorbed by other investors.

The most recent analyst rating on (AU:PDI) stock is a Hold with a A$0.69 price target. To see the full list of analyst forecasts on Predictive Discovery Limited stock, see the AU:PDI Stock Forecast page.

More about Predictive Discovery Limited

Predictive Discovery Limited is an Australia-listed company in the resources sector, focused on mineral exploration and development. The company’s shares are traded on the ASX, attracting interest from global institutional investors and brokers active in equity and derivatives markets.

Average Trading Volume: 16,660,460

Technical Sentiment Signal: Buy

Current Market Cap: A$1.9B

Learn more about PDI stock on TipRanks’ Stock Analysis page.