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IRESS Limited ( (AU:IRE) ) has issued an announcement.
Spheria Asset Management Pty Ltd has notified IRESS Ltd that it has ceased to be a substantial shareholder in the company as of 26 March 2026. The change, lodged under Australia’s Corporations Act disclosure rules, indicates Spheria’s voting power has fallen below the substantial holding threshold, potentially altering IRESS’s institutional shareholder mix and reducing Spheria’s influence over corporate decisions.
No new associates were disclosed in connection with the change, and Spheria’s status change follows a prior substantial holding notice dated July 2025. While transaction-level details are contained in annexures, the filing formally records a step-down in a key institutional position, information that may be relevant to investors tracking shifts in IRESS’s ownership base and governance dynamics.
The most recent analyst rating on (AU:IRE) stock is a Buy with a A$11.52 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.
More about IRESS Limited
IRESS Ltd is an Australian technology company that provides software and services to the financial services industry. Its platforms support trading, market data, wealth management, and related financial market operations for institutional and retail clients.
YTD Price Performance: -16.81%
Average Trading Volume: 930,464
Technical Sentiment Signal: Sell
Current Market Cap: A$1.28B
See more data about IRE stock on TipRanks’ Stock Analysis page.