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The latest update is out from Netwealth Group Ltd. ( (AU:NWL) ).
Netwealth Group Ltd has disclosed that Pinnacle Investment Management Group Limited and its listed subsidiaries have ceased to be substantial shareholders in the company as of 23 March 2026. The change, formally notified on 26 March 2026 via a substantial holder notice, indicates that Pinnacle’s voting power in Netwealth has dropped below the regulatory threshold, potentially altering Netwealth’s shareholder landscape and reducing the influence of a previously significant institutional investor.
The most recent analyst rating on (AU:NWL) stock is a Buy with a A$23.50 price target. To see the full list of analyst forecasts on Netwealth Group Ltd. stock, see the AU:NWL Stock Forecast page.
More about Netwealth Group Ltd.
Netwealth Group Ltd is an Australian financial services company operating in the wealth management and investment platform sector. It provides investment administration and related services to financial advisers and their clients, focusing on managed accounts, superannuation, and investment products in the Australian market.
Average Trading Volume: 888,148
Technical Sentiment Signal: Sell
Current Market Cap: A$5.6B
For an in-depth examination of NWL stock, go to TipRanks’ Overview page.