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Amotiv ( (AU:AOV) ) has shared an announcement.
Magellan Financial Group has notified Amotiv Limited that it has ceased to be a substantial shareholder in the company as of 29 January 2026, ending its previously disclosed major holding in the stock. The change, formally lodged under Australia’s Corporations Act disclosure regime and signed off by Magellan’s company secretary, signals an exit or significant reduction of Magellan’s investment position in Amotiv, potentially altering the company’s shareholder base and reducing the influence of one of its former key institutional investors.
The most recent analyst rating on (AU:AOV) stock is a Buy with a A$12.56 price target. To see the full list of analyst forecasts on Amotiv stock, see the AU:AOV Stock Forecast page.
More about Amotiv
YTD Price Performance: -6.47%
Average Trading Volume: 222,296
Technical Sentiment Signal: Sell
Current Market Cap: A$1.12B
For an in-depth examination of AOV stock, go to TipRanks’ Overview page.