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An announcement from Nick Scali Limited ( (AU:NCK) ) is now available.
State Street Corporation, through various subsidiaries including State Street Bank and Trust Company and State Street Global Advisors entities, has lodged a notice that it has ceased to be a substantial shareholder in Nick Scali Limited as of 2 January 2026. The change signals a reduction in a major institutional investor’s holding below the substantial shareholder threshold, potentially altering the company’s institutional shareholder base and slightly shifting the balance of influence among remaining investors, although no specific transaction details or strategic reasons for the change were disclosed.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$29.00 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
Nick Scali Limited is an Australian-listed company in the furniture retail sector, known for selling household furniture and related products through its store network and online channels to consumers in Australia and selected overseas markets.
Average Trading Volume: 309,244
Technical Sentiment Signal: Buy
Current Market Cap: A$2.02B
Learn more about NCK stock on TipRanks’ Stock Analysis page.