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Mercer Investments Sells Stake in MedAdvisor

Story Highlights
  • MedAdvisor Limited is a healthcare technology company specializing in digital medication management.
  • Mercer Investments sold 2,565,351 shares, ceasing to be a substantial holder in MedAdvisor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mercer Investments Sells Stake in MedAdvisor

Confident Investing Starts Here:

The latest announcement is out from MedAdvisor Limited ( (AU:MDR) ).

MedAdvisor Limited, a company in the healthcare technology sector, is known for its digital medication management solutions. Recently, Mercer Investments (Australia) Limited, acting as the responsible entity of the Mercer Australian Small Companies Fund, has ceased to be a substantial holder in MedAdvisor Limited as of May 16, 2025. This change involved the sale of 2,565,351 shares, potentially impacting MedAdvisor’s shareholder structure and market perception.

The most recent analyst rating on (AU:MDR) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on MedAdvisor Limited stock, see the AU:MDR Stock Forecast page.

More about MedAdvisor Limited

Average Trading Volume: 823,713

Technical Sentiment Signal: Sell

Current Market Cap: A$54.32M

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

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