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An announcement from Nuix Ltd. ( (AU:NXL) ) is now available.
State Street Corporation, through several asset management and custody subsidiaries including State Street Bank and Trust Company and State Street Global Advisors entities, has notified Nuix Limited that it has ceased to be a substantial shareholder in the company as of 19 March 2026. The change in substantial holding, disclosed under Australian Corporations Act requirements, signals a reduction in institutional ownership that may alter Nuix’s share register composition and could influence perceptions of the company’s support from major global asset managers, although specific transaction details were not disclosed.
The most recent analyst rating on (AU:NXL) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Nuix Ltd. stock, see the AU:NXL Stock Forecast page.
More about Nuix Ltd.
Nuix Limited is an Australian-based software company that develops data analytics and investigation tools used in areas such as e-discovery, regulatory compliance, cybersecurity and digital forensics. Its platforms are typically employed by corporations, government agencies and professional service firms to process and analyze large volumes of complex data for legal and investigative purposes.
Average Trading Volume: 2,238,760
Technical Sentiment Signal: Sell
Current Market Cap: A$451.9M
Find detailed analytics on NXL stock on TipRanks’ Stock Analysis page.