Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Nick Scali Limited ( (AU:NCK) ) has shared an announcement.
State Street Corporation and several of its asset management subsidiaries have notified Nick Scali Limited that they have ceased to be substantial shareholders in the company as at 18 December 2025. The notice, lodged under section 671B of the Corporations Act, confirms that the group’s collective relevant interest in Nick Scali’s voting securities has fallen below the substantial holding threshold, signalling a reduction in institutional ownership that may marginally alter the company’s shareholder profile but does not directly affect day-to-day operations.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$28.85 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-listed company operating in the retail sector, best known as a furniture retailer specialising in living room, dining and bedroom furniture. The business focuses on branded, design-led products sold through a network of stores and online channels, targeting mid- to upper-segment consumers in the Australian and New Zealand markets.
Average Trading Volume: 312,309
Technical Sentiment Signal: Buy
Current Market Cap: A$1.81B
Find detailed analytics on NCK stock on TipRanks’ Stock Analysis page.