Get NZX governance insights in your inbox
Weekly digest of board changes, insider trades, and market signals. No spam. Unsubscribe anytime.
Get NZX governance insights in your inbox
Weekly digest of board changes, insider trades, and market signals. No spam. Unsubscribe anytime.
Director share trading activity and ownership levels across the NZX. Tracks 10,050 insider transactions to identify skin-in-the-game and conviction signals.
Companies where director buying exceeds selling by the largest dollar amount. Net buying may indicate insider conviction.
Companies where director selling exceeds buying. Note: NZ directors often sell for diversification, not necessarily as a bearish signal.
The highest-value individual director share purchases. Large personal purchases may indicate strong insider conviction.
Companies where the highest number of directors hold shares. More directors with skin in the game suggests better alignment with shareholders.
Data sourced from publicly available NZX disclosures. Our datasets may not be complete. Automated analysis can produce errors. Past performance does not indicate future results. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
NZ Governance Power Index — top directors, board interlocks, auditor concentration, and multi-board analysis.
Interactive force-directed visualization of board interlocks across NZX, charities, iwi, and public sector.
Auditor market concentration, tenure analysis, and director-auditor independence.
| Healthcare |
| +$27.2M |
| 4 |
| 2 |
| 3 |
| Industrials | +$25.2M | 1 | 4 | 2 |
| Financials | +$8.3M | 1 | 1 | 2 |
| Industrials | +$6.1M | 6 | 6 | 5 |
| Information Technology | +$5.4M | 3 | 4 | 1 |
| Communication Services | +$3.2M | 4 | 0 | 6 |
| Consumer Staples | +$3.1M | 22 | 14 | 2 |
| Consumer Discretionary | +$2.5M | 19 | 0 | 6 |
| Consumer Discretionary | +$1.7M | 6 | 0 | 1 |
| Financials | +$1.2M | 10 | 2 | 9 |
| Communication Services | +$1.0M | 12 | 0 | 4 |
| Healthcare | +$945K | 8 | 0 | 6 |
| Industrials |
| $-5.9M |
| 4 |
| 0 |
| 5 |
| Information Technology | $-4.0M | 4 | 2 | 3 |
| Consumer Staples | $-3.8M | 6 | 4 | 8 |
| Materials | $-1.9M | 5 | 2 | 5 |
| Real Estate | $-1.4M | 4 | 3 | 3 |
| Financials | $-1.3M | 3 | 2 | 3 |
| Consumer Discretionary | $-1.1M | 1 | 4 | 5 |
| Consumer Staples | $-900K | 6 | 3 | 3 |
| Materials | $-883K | 2 | 6 | 4 |
| Utilities | $-841K | 10 | 11 | 6 |
| Consumer Discretionary | $-766K | 6 | 4 | 5 |
| Industrials | $-576K | 4 | 3 | 6 |
| Industrials | $-515K | 6 | 0 | 2 |
| $51.3M |
| 41,696,575 |
| 2025-10-14 |
| 201,959,483 |
| Milford Asset Management Limited | $32.7M | 2,833,685 | 2026-01-28 | 14,688,571 |
| Milford Asset Management Limited | $28.3M | 23,370,986 | 2026-02-03 | 225,454,981 |
| Milford Asset Management Limited | $26.8M | 2,003,857 | 2026-09-01 | 10,847,276 |
| Milford Asset Management Limited | $19.8M | 16,996,498 | 2025-10-01 | 160,262,908 |
| Milford Asset Management Limited | $18.4M | 17,137,528 | 2025-12-02 | 160,019,135 |
| Milford Asset Management Limited | $17.3M | 16,684,670 | 2026-02-04 | 177,142,015 |
| Milford Asset Management Limited | $16.5M | 16,579,633 | 2025-09-30 | 143,319,817 |
| — | $8.3M | 94,133 | 2026-09-01 | 94,133 |
| Ian Cameron | $7.8M | 4,492,294 | 2025-10-30 | 27,277,553 |
| Milford Asset Management Limited | $7.1M | 2,688,512 | 2025-11-26 | 21,626,449 |
| Milford Asset Management Limited | $6.2M | 2,625,263 | 2025-11-26 | 21,626,449 |
| Ian Cameron | $2.2M | 2,055,145 | 2025-10-31 | 15,992,768 |
| Real Estate |
| 33 |
| 10 |
| 181,254,884 |
| Consumer Staples | 32 | 7 | 343,032,869 |
| Materials | 31 | 8 | 2,405,216 |
| Communication Services | 30 | 7 | 262,553,685 |
| Information Technology | 29 | 5 | 65,808,728 |
| Utilities | 27 | 10 | 20,098,281 |
| Communication Services | 27 | 8 | 543,960,181 |
| Consumer Discretionary | 27 | 13 | 3,138,929 |
| Industrials | 26 | 10 | 878,929 |
| Industrials | 24 | 16 | 35,472,469 |
| Utilities | 23 | 7 | 194,223,021 |
| Industrials | 23 | 10 | 82,538,670 |
| Utilities | 23 | 9 | 606,330 |
