Megaport (ASX: MP1) Share Price and News

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  • Megaport (ASX: MP1)
    Latest News

    A young woman lifts her red glasses with one hand as she takes a closer look at news.
    Broker Notes

    These ASX 200 shares could rise 20% to 40%

    Brokers think these shares could generate big returns for investors.

    Read more »

    Couple looking at their phone surprised, symbolising a bargain buy.
    Growth Shares

    I'd buy these 3 ASX shares before the next market rally

    Looking for your next shares to buy? Here are three to consider.

    Read more »

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    Broker Notes

    10 ASX shares given buy ratings this week

    Brokers are bullish on these shares. Let's see what they are recommending.

    Read more »

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    Broker Notes

    7 ASX shares with strengthened buy ratings this week

    Brokers retained a positive view on Tuas, Megaport, Graincorp, and other shares this week.

    Read more »

    a group of people stand examining a large glowing cystral ball held in the hands of one of the group members while the others regard it with various expressions of wonder, curiousity and scepticism.
    Growth Shares

     3 ASX shares that could be future blue chips

    Could these shares be stars of the future? Let's dig deeper into them.

    Read more »

    A man in his office leans back in his chair with his hands behind his head looking out his window at the city.
    Cheap Shares

    3 ASX 200 shares I'd buy before the market wakes up

    Let's see why now could be a good time to snap up these shares while no-one is watching.

    Read more »

    A man with a beard and wearing dark sunglasses and a beanie head covering raises a fist in happy celebration as he sits at is computer in a home environment.
    Technology Shares

    $3,000 invested in this ASX 200 tech stock in April is now worth $5,562

    Find out how much higher your investment could go.

    Read more »

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    Broker Notes

    What is Morgans saying about Megaport and New Hope shares

    Morgans has given its verdict on these shares after recent updates.

    Read more »

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    Share Market News

    Why Technology One, Megaport and Mineral Resources shares are turning heads on Tuesday

    Megaport, Technology One, and Mineral Resources shares are making waves today.

    Read more »

    Man pointing an upward line on a bar graph symbolising a rising share price.
    Growth Shares

    3 ASX shares that could be much bigger in 10 years

    These shares could have strong futures. Here's what you need to know.

    Read more »

    Man on his laptop standing next to data centres.
    Growth Shares

    3 ASX stocks that could win big from the AI infrastructure boom

    Goodman Group, Megaport, and WiseTech Global each play a different role in the AI infrastructure boom. Here's why all three…

    Read more »

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    Share Market News

    Why I think DroneShield and these ASX growth shares could beat the market over 10 years

    This is not a low-risk group, but each business has a large opportunity and room to grow over the next…

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    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

    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. 

     

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    05 Mar 2026 Jay Adelson Sell 651 $5,106
    On-market trade.
    04 Mar 2026 Jay Adelson Buy 1,626 $25,000
    Conversion of securities.
    04 Mar 2026 Jay Adelson Exercise 1,626 $25,000
    Conversion of securities.
    24 Feb 2026 Michael Reid Exercise 112,739 $832,013
    Conversion of securities. 1,648,669 PRSUs
    24 Feb 2026 Michael Reid Buy 112,739 $832,013
    Conversion of securities.
    11 Dec 2025 Melinda Snowden Buy 2,297 $29,998
    Participation in share purchase plan.
    03 Dec 2025 Jay Adelson Issued 1,626 $21,105
    Issue of securities. 1,626 RSUs
    03 Dec 2025 Jay Adelson Issued 2,009 $26,076
    Issue of securities.
    03 Dec 2025 Glo Gordon Issued 2,009 $26,076
    Issue of securities.
    03 Dec 2025 Michael Klayko Issued 2,009 $26,076
    Issue of securities.
    03 Dec 2025 Melinda Snowden Issued 2,009 $26,076
    Issue of securities.
    01 Dec 2025 Michael Reid Issued 748,066 $10,502,846
    Issue of securities. 1,761,408 PRSUs
    04 Sep 2025 Michael Reid Expiry 2,301 $32,306
    As advised by the company. 1,013,342 PRSUs, Lapsed

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Melinda Frances Snowden Non-Executive DirectorNon-Executive Chairman Jun 2021
    Ms Snowden is member of Risk Committee. She has over 30 years of experience in finance and has been a non-executive director since 2010 in a range of industries. She has held previous non-executive director roles at Best and Less Group Holdings Ltd, Newmark Property REIT, MLC, Vita Group, Mercer Investments (Australia), Sandon Capital Investments, Our Ark Mutual and Kennards Self Storage. Prior to her non-executive career, she held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs and was a solicitor in the corporate division of Herbert Smith Freehills.
    Ms Lisa Ray Hennessy Non-Executive Director Dec 2025
    Ms Hennessy is an ASX Non-Executive Director with over 30 years of expertise spanning executive and board roles across Technology, MedTech, and Consumer sectors. She has been a professional non-executive Director since 2015. Ms Hennessy currently serves as a Non-Executive Director of ASX-listed Cleanspace Technology Limited and Adore Beauty Group Limited, where she is the Chair of the People and Remuneration Committee. She also serves on the board of the Aikenhead Centre for Medical Discovery.. Previously, Ms Hennessy was a Non-Executive Director of ASX-listed Nitro Software Limited. Prior to her Non-executive career Ms Hennessy held senior leadership positions in Business Development, M&A, and strategy, across a broad range of industries.
    Mr Jay Adelson Non-Executive Director Mar 2019
    Mr Adelson has over 30 years of experience in technology and internet businesses globally. He cofounded Equinix (NASDAQ: EQIX) in 1998 and was responsible for the original and sustaining business model that grew it into one of the data centre companies in the world. Jay also was involved 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.
    Ms Glo Gordon Non-Executive Director Jul 2021
    Ms Gordon has more than 20 years of experience as a senior 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. She was with Oracle for 10 years and her last role was Group Vice President, Worldwide BSS/OSS applications sales, contributing growth in recurring revenue for Oracle's Communications Business Unit for Telcos and Enterprise. She is member 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. Additionally, he has held leadership and Executive positions at technology companies including Rhapsody Networks, McDATA Corporation, EMC Corporation, Hewlett Packard, and IBM. He brings an 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 he serves as the Chairman of Star Compliance and Baxter Planning and is a board member of Process Unity and CE Broker. He is also a member of Risk Committee.
    Mr Michael Anthony Reid Chief Executive OfficerExecutive Director May 2023
    Mr Reid joined Megaport from Cisco, where he led the pure SaaS Network Visibility Business, ThousandEyes, as Chief Revenue Officer. Previously, Michael led multiple Cisco acquisitions as World-Wide Head of Sales residing in California, USA. He previously led the Northern Region of Australia for Cisco, and prior to that, led Cisco Sales for Australia's Financial Services customers. He brings over 20 years of industry experience and expertise to Megaport.
    Mr Grant Andrew Dempsey Non-Executive Director Jan 2025
    Mr Dempsey has more than 35 years of experience in senior executive and finance roles advising global businesses across various sectors, including TMT, financial services, property, industrials, consumer, mining and infrastructure assets. He served as Chief Financial Officer at Alumina Ltd, Senior Adviser, Finance at ANZ Banking Group, and Head of Investment Banking (Australia and New Zealand) at JP Morgan. He is Chair of Risk Committee.
    Mr Mohit Lad Non-Executive Director Dec 2024
    Mr Lad brings experience in networking, systems and digital innovation. As co-founder and CEO of ThousandEyes, a cloud, SaaS and internet visibility platform, he guided the company through growth before its acquisition by Cisco in 2020. At Cisco, he served as Senior Vice President of Network Assurance, scaling ThousandEye's capabilities, integrating multiple acquisitions, and growing the business fivefold. Known for his technical expertise and entrepreneurial leadership, he has also contributed to the tech community, serving on the Program Committee for NANOG a network operators platform.
    Ms Celia Pheasant Company Secretary Jan 2023
    -
    Leticia Dorman Chief Financial Officer
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    Celia Pheasant Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 43,927,328 27.29%
    J P Morgan Nominees Australia Pty Limited 33,441,588 20.78%
    Citicorp Nominees Pty Limited 19,045,144 11.83%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 4,911,031 3.05%
    BNP Paribas Noms (Nz) Ltd 3,959,572 2.46%
    Washington H Soul Pattinson And Company Limited 2,916,475 1.81%
    BNP Paribas Noms Pty Ltd 2,750,748 1.71%
    Argo Investments Limited 2,650,895 1.65%
    National Nominees Limited 2,192,808 1.36%
    HSBC Custody Nominees (Australia) Limited <NtComnwlth Super Corp A/C> 1,335,455 0.83%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 1,116,584 0.69%
    Netwealth Investments Limited <Wrap Services A/C> 503,575 0.31%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 496,831 0.31%
    BNP Paribas Nominees Pty Ltd <Pitcher Partners> 485,939 0.30%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 408,174 0.25%
    HSBC Custody Nominees (Australia) Limited i 392,967 0.24%
    Neweconomy Com Au Nominees Pty Limited <900 Account> 374,356 0.23%
    Beebee Holdings Pty Ltd 300,000 0.19%
    Ioof Investment Services Limited <Ips Superfund A/C> 267,011 0.17%
    M E J C Pty Ltd <Mej Clarke Family A/C> 220,000 0.16%

    Profile

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