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The latest update is out from Macquarie Group Limited ( (AU:MQG) ).
Macquarie Group Limited and its controlled entities have lodged a formal notice that they have ceased to be a substantial holder in Elsight Limited, indicating their voting power in the ASX-listed company has fallen below the substantial holding threshold. The filing, signed by Assistant Company Secretary Olivia Shepherd, details that there have been changes in Macquarie’s relevant interests and associations in relation to Elsight’s voting securities, signaling an exit or significant reduction of Macquarie’s investment exposure to Elsight and a potential shift in the shareholder base of the technology company.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$221.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services group headquartered in Sydney, Australia, operating through subsidiaries including Macquarie Bank Limited and Macquarie Investment Management entities. It provides banking, asset management, advisory, and investment services, with a significant presence in capital markets and corporate finance across multiple regions and sectors.
Average Trading Volume: 730,029
Technical Sentiment Signal: Hold
Current Market Cap: A$74.33B
See more insights into MQG stock on TipRanks’ Stock Analysis page.