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Nick Scali Limited ( (AU:NCK) ) just unveiled an update.
Nick Scali Limited has disclosed that State Street Corporation, through various global asset management and banking subsidiaries, has ceased to be a substantial shareholder in the company as of 27 January 2026. The notice, lodged under Australia’s Corporations Act, indicates that the State Street group’s aggregate relevant interest in Nick Scali has fallen below the substantial holding threshold, signalling an exit or significant reduction of a major institutional investor from the register, which may alter the company’s shareholder mix and potentially affect trading liquidity and institutional ownership dynamics.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$29.30 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 imported and locally made home furnishings, including lounges, dining, and bedroom furniture. The company targets the mid- to upper-end consumer market through its branded showroom network and associated retail channels across Australia and New Zealand.
Average Trading Volume: 294,045
Technical Sentiment Signal: Buy
Current Market Cap: A$2.19B
For detailed information about NCK stock, go to TipRanks’ Stock Analysis page.