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State Street Corporation Subsidiary Ceases Significant Stake in Nick Scali Limited

Story Highlights
  • Nick Scali Limited operates in the furniture retail industry with a focus on high-quality products.
  • State Street Corporation subsidiaries have ceased holding a substantial stake in Nick Scali, affecting institutional investor dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
State Street Corporation Subsidiary Ceases Significant Stake in Nick Scali Limited

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Nick Scali Limited ( (AU:NCK) ) has issued an announcement.

Nick Scali Limited, a company involved in the furniture retail industry, has announced that a substantial holder connected with State Street Corporation and its subsidiaries ceased to hold a significant stake in the company as of December 16, 2025. This change could impact the firm’s shareholder composition, reflecting potential adjustments in its institutional investment structure with implications for market sentiment and company operations.

The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 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

Average Trading Volume: 298,895

Technical Sentiment Signal: Buy

Current Market Cap: A$1.85B

For an in-depth examination of NCK stock, go to TipRanks’ Overview page.

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