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Pinnacle Investment Management Ceases Substantial Holding in Nine Entertainment

Story Highlights
  • Pinnacle Investment Management no longer holds a substantial stake in Nine Entertainment.
  • This change may affect Nine Entertainment’s shareholder composition and market influence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pinnacle Investment Management Ceases Substantial Holding in Nine Entertainment

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Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has shared an update.

Pinnacle Investment Management Group Limited has ceased to be a substantial holder in Nine Entertainment Co. Holdings Limited as of September 12, 2025. This change in substantial holding could potentially impact the company’s shareholder composition and influence in the market, although no specific implications for stakeholders were detailed in the release.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 a prominent player in the media and entertainment industry, offering a diverse range of services including television broadcasting, digital media, and content production. The company focuses on delivering engaging content across multiple platforms to a broad audience, maintaining a significant presence in the Australian market.

Average Trading Volume: 6,017,428

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.82B

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

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