tiprankstipranks
Advertisement
Advertisement

Nick Scali Director Niran Peiris Doubles Indirect Shareholding via On-Market Purchase

Story Highlights
  • Director Niran Peiris nearly doubles his indirect stake in Nick Scali through an on-market share purchase.
  • The February 23 trade lifts his holding to 10,629 shares and was completed under normal, non-closed period conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nick Scali Director Niran Peiris Doubles Indirect Shareholding via On-Market Purchase

Claim 55% Off TipRanks

Nick Scali Limited ( (AU:NCK) ) just unveiled an announcement.

Nick Scali director Niran Peiris has increased his indirect shareholding in the company through an on-market trade executed via the Turrin & Peiris Superannuation Pty Ltd entity. He acquired 5,435 fully paid ordinary shares for a consideration of $100,004, lifting his indirect holding from 5,194 to 10,629 shares.

The transaction was conducted on 23 February 2026 and did not involve any disposal of shares or changes to interests in contracts. The company confirmed that the trade was not executed during a closed period, indicating standard trading conditions and compliance with ASX director dealing requirements.

The most recent analyst rating on (AU:NCK) stock is a Hold with a A$19.20 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.

More about Nick Scali Limited

Nick Scali Limited is an Australian furniture retailer specialising in premium, design-led home furnishings, with a focus on sofas, living room and dining room furniture. The company operates across Australia and New Zealand, targeting mid-to-upper market consumers through a network of showrooms and an expanding omnichannel presence.

Average Trading Volume: 365,464

Technical Sentiment Signal: Buy

Current Market Cap: A$1.67B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1