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The latest announcement is out from Pinnacle Investment Management Group Limited ( (AU:PNI) ).
Pinnacle Investment Management Group Limited has announced a change in the interests of a substantial holder, NTQ Pty Ltd, which is associated with various Macoun family trusts and superannuation funds. The substantial holder’s voting power has decreased from 8.2% to 6.3% following the disposal of a significant number of ordinary shares. This reduction in voting power may impact the company’s shareholder dynamics and influence within the company.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$14.50 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
More about Pinnacle Investment Management Group Limited
Average Trading Volume: 948,705
Technical Sentiment Signal: Buy
Current Market Cap: A$4.16B
Learn more about PNI stock on TipRanks’ Stock Analysis page.