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Macquarie Group Ceases to Be Substantial Shareholder in Elsight

Story Highlights
  • Elsight operates in secure connectivity solutions for mission-critical and unmanned systems.
  • Macquarie Group has exited its substantial holding in Elsight, reshaping the company’s investor base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Ceases to Be Substantial Shareholder in Elsight

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An update from Elsight Ltd. ( (AU:ELS) ) is now available.

Macquarie Group Limited has notified Elsight Ltd that it has ceased to be a substantial holder in the company, as disclosed in a regulatory filing dated 7 January 2026. The change removes a major institutional investor from Elsight’s substantial shareholder register, potentially altering the company’s shareholder base composition and reducing Macquarie’s direct influence over voting outcomes, although specific transaction details and volumes were not disclosed in the notice.

The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.

More about Elsight Ltd.

Elsight Ltd, listed on the ASX, operates in the technology and communications space, focusing on connectivity and data transmission solutions, particularly for mission-critical and unmanned systems. The company targets sectors that require secure, reliable, and often mobile communications capabilities, including defence, drone operations, and other industrial applications.

Average Trading Volume: 1,079,096

Technical Sentiment Signal: Buy

Current Market Cap: A$757.9M

For detailed information about ELS stock, go to TipRanks’ Stock Analysis page.

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