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Thorney Holdings Ceases Substantial Holding in HUB24

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Thorney Holdings Ceases Substantial Holding in HUB24

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HUB24 Limited ( (AU:HUB) ) has issued an update.

Thorney Holdings Proprietary Limited has announced that it has ceased to be a substantial holder in HUB24 Limited as of July 17, 2025. This change follows a series of market sales of HUB24 shares by Thorney Holdings and its associate, Jasforce Pty Ltd, over several months. The divestment may impact HUB24’s shareholder structure and could influence the company’s market dynamics, potentially affecting investor perceptions and stakeholder interests.

The most recent analyst rating on (AU:HUB) stock is a Buy with a A$71.50 price target. To see the full list of analyst forecasts on HUB24 Limited stock, see the AU:HUB Stock Forecast page.

More about HUB24 Limited

HUB24 Limited operates in the financial services industry, providing investment and superannuation platform solutions. The company focuses on delivering innovative technology and customer-centric services to financial advisers and their clients.

YTD Price Performance: 52.23%

Average Trading Volume: 290,814

Technical Sentiment Signal: Buy

Current Market Cap: A$8.55B

For detailed information about HUB stock, go to TipRanks’ Stock Analysis page.

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