Megaport Ltd (ASX: MP1) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Megaport Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.22 billion
P/E Ratio 126.83
Dividend Yield 0.00%
Shares Outstanding 160.11 million
Earnings per share 0.060
Dividend per share N/A
Year To Date Return -17.28%
Earnings Yield 0.79%
Franking -
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

  • Megaport Ltd (ASX: MP1)
    Latest News

    new tech shares represented by US dollars hatching out of golden egg
    Technology Shares

    2 ASX tech shares I'd like to buy today

    ASX tech shares are flying right now but here are two ASX 300 companies that may have flown under your…

    Read more »

    asx tech shares to buy with ten thousand dollars represented by piles of australian one hundred dollar notes
    ⏸️ Best ASX Shares

    2 ASX tech shares I'd buy with $10,000 

    Could Bigtincan Holdings Ltd (ASX:BTH) or Megaport Ltd (ASX: MP1) be leading ASX tech shares to buy with $10,000? We…

    Read more »

    A man stands with arms crossed in front of a giant shadow of a body builder representing ASX small-cap stocks.
    Growth Shares

    3 mid cap ASX shares to buy for strong potential returns

    Bravura Solutions Ltd (ASX:BVS) and these mid cap ASX shares could be great long term options for investors. Here's why...

    Read more »

    man jumping from 2020 cliff to 2021 cliff representing asx outlook 2021
    Technology Shares

    3 ASX tech shares that could take off in FY21

    Many ASX tech shares have seen their share prices spike during COVID-19 - but here are three I think can…

    Read more »

    hand holding wooden blocks spelling the word buy
    ⏸️ ASX Shares

    5 quality ASX shares to buy in September

    a2 Milk Company Ltd (ASX:A2M) and Megaport Ltd (ASX:MP1) are two of five ASX shares that I would buy in September...

    Read more »

    a woman
    Share Market News

    ASX 200 drops over 2%, tech and oil fall

    The S&P/ASX 200 Index (ASX:XJO) dropped more than 2% today as ASX technology and oil businesses fall heavily as the…

    Read more »

    Young man looking afraid representing ASX shares investor scared of market crash
    Share Market News

    ASX 200 down 2.4%: Afterpay (ASX:APT) and Oil Search (ASX:OSH) sinking lower

    Afterpay Ltd (ASX:APT) and Oil Search Limited (ASX:OSH) shares are on the move on the ASX 200 on Wednesday. Here's…

    Read more »

    $100 notes multiplying into the future representing asx growth shares
    Growth Shares

    Top ASX growth shares to buy in September 2020

    We asked our Foolish writers to pick their favourite ASX growth shares to buy in September. Here is what the team…

    Read more »

    ASX Small Caps
    Share Market News

    Broker picks best ASX small cap stocks to buy from the reporting season

    ASX small caps have delivered better FY20 results than their bigger counterparts, but which of these emerging stocks can keep…

    Read more »

    Investor with palm up and graphic illustration of asx small cap tech shares charts shooting from his hand
    ⏸️ ASX Shares

    Top ASX Stock Picks for September 2020

    We asked our Foolish writers to pick their favourite ASX stocks to buy in September. Here is what the team have…

    Read more »

    note pad with the words 'what's next' written on it representing uncertainty surrounding mcmillan share price
    ⏸️ ASX Shares

    How to invest in ASX shares in uncertain times?

    It seems really difficult to invest in ASX shares (or any shares) in these uncertain times. But you have to…

    Read more »

    Investor riding a rocket blasting off over a share price chart
    Growth Shares

    Why I would buy these exciting mid cap ASX tech shares

    Here's why I think Bravura Solutions Ltd (ASX:BVS) and this mid cap ASX share could be quality options for investors right…

    Read more »

    Frequently Asked Questions

    No, Megaport does not pay dividends at this time.

    Megaport Ltd listed on the ASX on 17 December 2015.

    MP1 ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Megaport Ltd

    Megaport Ltd (ASX: MP1) is a software-defined network (SDN) service provider that allows customers to connect between around 860 data centres globally.

    The majority of its customer connections are to major cloud service providers, including AWS, Microsoft Azure, and Google Cloud Platform. Megaport also enables customers to connect between their own equipment in different locations and to internet exchanges. The company touts its flexibility in allowing its customers to connect to multiple applications and geographic locations almost instantaneously without the need for long-term contracts. 

    The company is divided into three segments: the Americas, Asia-Pacific, and Europe/the Middle East/Africa. 

     

    MP1 Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    28 Nov 2024 $7.61 $0.03 0.40% 766,139 $7.75 $7.87 $7.61
    27 Nov 2024 $7.58 $-0.03 -0.39% 1,124,343 $7.62 $7.63 $7.36
    26 Nov 2024 $7.61 $0.02 0.26% 1,139,691 $7.63 $7.81 $7.42
    25 Nov 2024 $7.59 $0.02 0.26% 2,415,608 $7.31 $7.64 $7.19
    22 Nov 2024 $7.57 $-0.79 -9.45% 3,269,902 $8.40 $8.42 $7.20
    21 Nov 2024 $8.36 $-0.04 -0.48% 706,827 $8.42 $8.42 $8.19
    20 Nov 2024 $8.40 $0.00 0.00% 888,466 $8.40 $8.66 $8.38
    19 Nov 2024 $8.40 $0.07 0.84% 725,455 $8.37 $8.52 $8.26
    18 Nov 2024 $8.33 $0.01 0.12% 648,184 $8.16 $8.39 $8.15
    15 Nov 2024 $8.32 $-0.07 -0.83% 807,846 $8.37 $8.45 $8.21
    14 Nov 2024 $8.39 $0.03 0.36% 1,327,354 $8.40 $8.51 $8.23
    13 Nov 2024 $8.36 $0.26 3.21% 1,920,149 $8.16 $8.47 $8.10
    12 Nov 2024 $8.10 $0.41 5.33% 1,338,158 $7.69 $8.12 $7.63
    11 Nov 2024 $7.69 $0.29 3.92% 1,107,228 $7.32 $7.72 $7.32
    08 Nov 2024 $7.40 $0.16 2.21% 584,038 $7.30 $7.43 $7.27
    07 Nov 2024 $7.24 $0.17 2.40% 1,100,437 $7.21 $7.37 $7.19
    06 Nov 2024 $7.07 $0.29 4.28% 666,129 $6.86 $7.09 $6.80
    05 Nov 2024 $6.78 $-0.06 -0.88% 524,337 $6.80 $6.84 $6.71
    04 Nov 2024 $6.84 $0.03 0.44% 523,972 $6.87 $6.90 $6.73
    01 Nov 2024 $6.81 $-0.19 -2.71% 686,392 $6.90 $6.96 $6.79
    31 Oct 2024 $7.00 $-0.11 -1.55% 647,063 $7.05 $7.10 $6.99
    30 Oct 2024 $7.11 $-0.16 -2.20% 809,622 $7.28 $7.35 $7.09

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    26 Nov 2024 Melinda Snowden Issued 2,009 $15,288
    Issue of securities.
    26 Nov 2024 Jay Adelson Issued 2,009 $15,288
    Issue of securities.
    26 Nov 2024 Glo Gordon Issued 2,009 $15,288
    Issue of securities.
    26 Nov 2024 Michael Klayko Issued 2,009 $15,288
    Issue of securities.
    01 Oct 2024 Melinda Snowden Buy 3,000 $22,590
    On-market trade. average price,
    03 Sep 2024 Michael Reid Buy 222,602 $1,807,528
    Conversion of securities.
    03 Sep 2024 Michael Reid Expiry 7,478 $60,721
    As advised by the company. 747,760 PRSUs, LAPSED
    03 Sep 2024 Michael Reid Exercise 222,602 $1,807,528
    Conversion of securities. 755,238 rIGHTS
    26 Aug 2024 Lauren Williams Buy 5,000 $45,639
    On-market trade.
    23 May 2024 Bevan Slattery Sell 1,100,000 $15,972,000
    On-market trade.
    01 Dec 2023 Michael Reid Issued 977,840 $9,377,485
    Issue of securities. 977,840 - PSU

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Melinda Frances Snowden Non-Executive Director Jun 2021
    Ms Snowden has over 29 years of experience in finance and has been a professional non-executive director since 2010 in a range of industries. Melinda has held previous non-executive director roles at MLC, Vita Group, Mercer Investments (Australia), Our Ark Mutual and Kennards Self Storage. Prior to her non-executive career, Melinda held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs and was a solicitor in the corporate division of Herbert Smith Freehills. She is member of the Risk Committee.
    Mr Jay Adelson Non-Executive Director Mar 2019
    Mr Adelson has over 30 years of experience in technology and internet businesses globally. Jay co founded Equinix (NASDAQ: EQIX) in 1998. Jay also was in the establishment and operation of the original Palo Alto Internet Exchange for Digital Equipment Corporation in 1996. In 2005, he founded the first internet television network, Revision3, which was acquired by Discovery Communications in 2012. As CEO of Digg, Jay launched and grew the internet media company to tens of millions of users, and billions of impressions, a month. Jay has also founded and served as CEO for other companies across the technology and internet infrastructure spaces.
    Ms Glo Gordon Non-Executive Director Jul 2021
    Ms Gordon has more than 20 years of experience as a global executive in business operations strategy and sales at technology companies including Cisco, Oracle, SAP, and Xerox. She is currently CEO and board member of MATRIXX, a 5G digital commerce company in Silicon Valley. In 2014, Glo became the Chief Revenue Officer, responsible for Sales, Marketing and Customer Success for Jasper, a Silicon Valley IOT startup which was acquired in 2016 by Cisco for $1.4B. At Cisco, as Vice President and General Manager, IoT, Sales and Marketing, Glo held P&L responsibility for growth and margin for Cisco's Strategic IoT business unit. Prior to Jasper, Glo was with Oracle for 10 years and her last role was Group Vice President, Worldwide BSS/OSS applications sales, contributing double digit growth in recurring revenue for Oracle's Communications Business Unit for Telcos and Enterprise. More recently, Glo was Chief Revenue Officer at Uptake, an emerging leader in artificial intelligence, machine learning, and predictive analytics. He is chair of risk committee
    Mr Michael Klayko Non-Executive Director Mar 2021
    Mr Klayko has over 40 years of experience in the data storage, computer, technology and telecommunications industries. During his tenure as CEO of Brocade, he grew company revenue to over US$2.2 billion. Additionally, he has held leadership and Executive positions at technology companies including Rhapsody Networks, McDATA Corporation, EMC Corporation, Hewlett Packard, and IBM. Michael brings understanding of the technology and network solutions industry coupled with experience as a director of other publicly listed technology companies. He is an Operating Executive at Marlin Equity Partners, a global investment firm. Currently Michael serves as the Chairman of Star Compliance and is a board member of Process Unity and CE Broker. He is Member of the Risk Committee.
    Mr Michael Anthony Reid Chief Executive OfficerExecutive Director May 2023
    Mr Reid brings over 20 years of industry expertise and experience to Megaport. Michael joined Megaport from Cisco, where he led the pure SaaS Network Visibility Business, ThousandEyes, as Chief Revenue Officer. In this role, he transformed the go-to-market strategy, scaling the team from 150 to nearly 400, expanding into new countries, and growing annual recurring revenue by 2.4 times. Previously, Michael spearheaded multiple acquisitions as Cisco's World-Wide Head of Sales based in California, USA. Prior to this, he led Cisco sales in Queensland, the Northern Territory and Papua New Guinea and, before that, led Cisco sales to Australia's financial services customers.
    Ms Celia Pheasant Company Secretary Jan 2023
    -
    Leticia Dorman Chief Financial Officer
    -
    Celia Pheasant Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited i 36,577,019 22.93%
    J P Morgan Nominees Australia Pty Limited 31,855,771 19.97%
    Citicorp Nominees Pty Limited 20,707,636 12.98%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 7,531,188 4.72%
    National Nominees Limited 3,593,964 2.25%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 2,987,739 1.87%
    Argo Investments Limited 2,550,895 1.60%
    Washington H Soul Pattinson and Company Limited 2,118,053 1.33%
    Mr Bevan Andrew Slattery 1,937,607 1.21%
    BNP Paribas Noms Pty Ltd 1,818,106 1.14%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 1,522,389 0.95%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 1,238,733 0.78%
    HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 1,191,235 0.75%
    Palm Beach Nominees Pty Limited 849,806 0.53%
    BNP Paribas Noms (NZ) Ltd 722,808 0.45%
    BNP Paribas Nominees Pty Ltd <Pitcher Partners> 423,129 0.27%
    HSBC Custody Nominees (Australia) Limited ii 365,766 0.23%
    BNP Paribas Nominees Pty Ltd <Agency Lending Collateral> 338,000 0.21%
    Netwealth Investments Limited <Wrap Services A/C> 321,303 0.20%
    Beebee Holdings Pty Ltd 300,000 0.19%

    Profile

    since

    Note