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MaxiPARTS Limited ( (AU:MXI) ) has issued an update.
Telstra Super Pty Ltd, as trustee for Telstra Superannuation Scheme, has ceased to be a substantial shareholder in MaxiPARTS Limited as of 9 March 2026, after progressively selling down its stake. A series of share disposals between May 2025 and March 2026, culminating in large volume trades at around $1.90–$2.34 per share, reduced TelstraSuper’s holding below the substantial shareholder threshold, potentially broadening MaxiPARTS’ share register and altering the influence of institutional investors on the company’s governance and capital market profile.
The most recent analyst rating on (AU:MXI) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on MaxiPARTS Limited stock, see the AU:MXI Stock Forecast page.
More about MaxiPARTS Limited
MaxiPARTS Limited operates in the automotive and transport sector, supplying truck and trailer parts to commercial and industrial customers. The company focuses on the aftermarket segment, providing replacement components and related services that support freight, logistics and heavy vehicle operators across Australia.
Average Trading Volume: 96,018
Technical Sentiment Signal: Sell
Current Market Cap: A$105.5M
See more insights into MXI stock on TipRanks’ Stock Analysis page.