Fisher Funds trims Vista stake as Buy rating targets NZD 3.20 for Vista Group International stock

Published on 10/02/2026 at 03:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fisher Funds reduced its holding to 12.685% from 14.954% in September 2026. A Buy rating sets a NZD 3.20 target for Vista Group International stock.

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Vista Group International stock is tied to a NZD 3.20 Buy rating target after Fisher Funds reduced its holding to 12.685% from 14.954% in September 2026. As The Globe and Mail reported on September 21, 2026, the reduction followed on-market purchases and sales while Fisher Funds remained a major shareholder. The disclosed change cuts the holding by 2.269 percentage points.

Institutional holding falls 2.269 points

Fisher Funds now holds 30,354,682 Vista Group shares, according to The Globe and Mail. The same report identifies Vista Group as a New Zealand technology company serving cinema exhibitors, distributors and other film-industry participants through software, data analytics and audience-engagement products.

The ownership change matters because Fisher Funds remains a sizeable institutional holder even after the reduction. The cited Buy rating and NZD 3.20 target provide a market reference against the latest NZX quote, while the ownership disclosure adds a concrete shareholder-structure measure to the valuation discussion.

Stock stays 6.19 percent below yearly high

Vista Group was trading at NZD 2.88 on the NZX on October 2, 2026 at 2:30 p.m. NZDT, up 1.77 percent versus the prior close of NZD 2.83. Its 52-week range was NZD 1.56 to NZD 3.07, placing the price 6.19 percent below the high. The market capitalization was NZD 689.2 million.

Half-year reporting sets the reference point

Vista Group's investor center lists the 2026 half-year results announcement and presentation for August 3, 2026. The company describes its operating portfolio through cinema-management software, cloud services, film-distribution tools and audience analytics, with products including Vista Cinema, Veezi and Movio. For investors, the combination of a 2.269-point ownership reduction, a NZD 3.20 target and a price 6.19 percent below the yearly high creates a measurable framework for following the stock.