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Pinnacle Investment Acquires Substantial Stake in Nanosonics

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Pinnacle Investment Acquires Substantial Stake in Nanosonics

Confident Investing Starts Here:

Nanosonics Limited ( (AU:NAN) ) just unveiled an update.

Pinnacle Investment Management Group Limited has become a substantial holder in Nanosonics Limited as of June 13, 2025, acquiring a 5.21% voting power through 15,812,969 ordinary fully paid shares. This acquisition signifies a notable investment in Nanosonics, potentially impacting its market positioning and signaling confidence in its future prospects.

The most recent analyst rating on (AU:NAN) stock is a Sell with a A$4.00 price target. To see the full list of analyst forecasts on Nanosonics Limited stock, see the AU:NAN Stock Forecast page.

More about Nanosonics Limited

Nanosonics Limited operates in the medical technology industry, specializing in infection prevention solutions. The company is known for its innovative products that focus on reducing the risk of infection in healthcare settings.

Average Trading Volume: 1,034,679

Technical Sentiment Signal: Buy

Current Market Cap: A$1.3B

See more insights into NAN stock on TipRanks’ Stock Analysis page.

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