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Nick Scali Limited ( (AU:NCK) ) just unveiled an update.
State Street Corporation, through various global asset management subsidiaries including State Street Global Advisors, has notified Nick Scali Limited that it has ceased to be a substantial holder in the company as of 11 March 2026. The change in substantial holding, disclosed under Australian Corporations Act requirements, signals a reduction in State Street’s voting interest and may slightly alter Nick Scali’s institutional shareholder base and free float profile, although no specific transaction details were provided.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$21.60 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
More about Nick Scali Limited
Nick Scali Limited is an Australian furniture retailer specialising in indoor and outdoor home furnishings. The company focuses on the domestic consumer market, offering a range of furniture products through its branded retail network across Australia.
Average Trading Volume: 412,344
Technical Sentiment Signal: Hold
Current Market Cap: A$1.38B
For a thorough assessment of NCK stock, go to TipRanks’ Stock Analysis page.