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Nine Director Timothy Longstaff Acquires First Stake in Company Shares

Story Highlights
  • Nine director Timothy Longstaff has acquired 47,250 ordinary shares via an on-market purchase.
  • The transaction establishes Longstaff’s first indirect stake in Nine, completed under normal trading conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nine Director Timothy Longstaff Acquires First Stake in Company Shares

Meet Samuel – Your Personal Investing Prophet

Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) just unveiled an announcement.

Nine Entertainment Co. has disclosed a change in director Timothy Longstaff’s indirect interest in the company, following an on-market share purchase. Through Citicorp Nominees Pty Ltd as trustee for the TJE PLN Longstaff Super Fund, of which he is a beneficiary, Longstaff acquired 47,250 ordinary shares on 25 February 2026 for a total consideration of $50,338.73.

The transaction marks Longstaff’s first reported holding in Nine shares, increasing his indirect stake from nil to 47,250 ordinary shares. The company confirmed the trade did not occur during a closed period, indicating it proceeded under standard market conditions without requiring special trading clearance.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited is an Australian media and entertainment company. It operates across television, digital publishing, streaming and related media services, targeting national audiences with news, entertainment and lifestyle content.

Average Trading Volume: 3,810,428

Technical Sentiment Signal: Sell

Current Market Cap: A$1.69B

Find detailed analytics on NEC stock on TipRanks’ Stock Analysis page.

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