Megaport Ltd (ASX: MP1) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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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
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Megaport Ltd (ASX: MP1)
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Frequently Asked Questions
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No, Megaport does not pay dividends at this time.
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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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File 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.
| 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.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 26 Nov 2024 | Melinda Snowden | Issued | 2,009 | $15,288 |
Issue of securities.
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| 26 Nov 2024 | Jay Adelson | Issued | 2,009 | $15,288 |
Issue of securities.
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| 26 Nov 2024 | Glo Gordon | Issued | 2,009 | $15,288 |
Issue of securities.
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| 26 Nov 2024 | Michael Klayko | Issued | 2,009 | $15,288 |
Issue of securities.
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| 01 Oct 2024 | Melinda Snowden | Buy | 3,000 | $22,590 |
On-market trade. average price,
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| 03 Sep 2024 | Michael Reid | Buy | 222,602 | $1,807,528 |
Conversion of securities.
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| 03 Sep 2024 | Michael Reid | Expiry | 7,478 | $60,721 |
As advised by the company. 747,760 PRSUs, LAPSED
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| 03 Sep 2024 | Michael Reid | Exercise | 222,602 | $1,807,528 |
Conversion of securities. 755,238 rIGHTS
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| 26 Aug 2024 | Lauren Williams | Buy | 5,000 | $45,639 |
On-market trade.
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| 23 May 2024 | Bevan Slattery | Sell | 1,100,000 | $15,972,000 |
On-market trade.
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| 01 Dec 2023 | Michael Reid | Issued | 977,840 | $9,377,485 |
Issue of securities. 977,840 - PSU
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Directors & Management 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.
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| 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
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| 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.
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| Ms Celia Pheasant | Company Secretary | Jan 2023 |
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| Leticia Dorman | Chief Financial Officer |
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| Celia Pheasant | Company Secretary |
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Top Shareholders 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% |
