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Virtus Group Cuts Stake in oOh!media but Remains Major Holder

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Virtus Group Cuts Stake in oOh!media but Remains Major Holder

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oOh media Ltd ( (AU:OML) ) has issued an update.

The Virtus Group, comprising Kayne Anderson Rudnick Investment Management and Virtus Investment Advisers, has reduced its substantial shareholding in oOh!media Limited. Its voting power fell from 9.43% to 8.07%, reflecting a net decrease of roughly 7.3 million ordinary shares.

Following transactions on 19 February 2026, the group now holds a total of 43.5 million ordinary shares in the outdoor advertising company. The change modestly dilutes Virtus Group’s influence on shareholder resolutions, while leaving it as a significant institutional investor on the register.

The most recent analyst rating on (AU:OML) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on oOh media Ltd stock, see the AU:OML Stock Forecast page.

More about oOh media Ltd

oOh!media Limited operates in the out-of-home advertising sector, providing advertising solutions across formats such as billboards, street furniture and transit media. The company focuses on leveraging high-traffic locations and media networks to reach advertisers seeking broad audience exposure in Australia and New Zealand.

Average Trading Volume: 1,055,453

Technical Sentiment Signal: Sell

Current Market Cap: A$565.7M

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

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