Megaport (ASX: MP1) Share Price and News

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  • Megaport (ASX: MP1)
    Latest News

    A player with tech goggles inside the metaverse
    Technology Shares

    ASX 200 tech stocks led the market with big share price gains last week

    The tech recovery is in full swing with stocks rising 26% since the turning point on 31 March.

    Read more »

    Three excited business people cheer around a laptop in the office
    Broker Notes

    Top brokers name 3 ASX shares to buy next week

    Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

    Read more »

    A man with a wide, eager smile on his face holds up three fingers.
    Broker Notes

    Brokers name 3 ASX shares to buy right now

    Let's find out which shares top brokers are feeling bullish about this week.

    Read more »

    A young man punches the air in delight as he reacts to great news on his mobile phone.
    Share Gainers

    Why Chalice Mining, CSL, Megaport, and Pro Medicus shares are racing higher

    These shares are having a strong finish to the week. But why?

    Read more »

    A woman wearing green flexes her bicep.
    Broker Notes

    7 ASX 200 shares with strengthened buy ratings this week

    Brokers have indicated continuing confidence in BHP, AMP, IAG, Megaport, and others. 

    Read more »

    A female athlete in green spandex leaps from one cliff edge to another.
    Share Gainers

    3 ASX 200 stocks racing higher in this week's slumping market

    Investors sent these three ASX 200 shares leaping higher in this week’s falling market. But why?

    Read more »

    Concept image of a businessman riding a bull on an upwards arrow.
    AI Stocks

    Up 183% since April, why the Megaport share price is tipped to keep charging higher

    Citi believes the rocketing Megaport share price has even further to run.

    Read more »

    Smiling couple sitting on a couch with laptops fist pump each other.
    Technology Shares

    'Game on!' Why Megaport shares are rocketing 27% today

    This tech stock is ending the week with a bang. Let's find out why.

    Read more »

    A group of market analysts sit and stand around their computers in an open-plan office environment.
    Technology Shares

    Megaport completes $518m institutional entitlement offer

    Megaport completes its institutional entitlement offer, raising $518m and paving the way for retail shareholders to participate.

    Read more »

    Two university students in the library, one in a wheelchair, log in for the first time with the help of a lecturer.
    Share Market News

    5 things to watch on the ASX 200 on Friday

    It looks set to be a decent finish for Aussie investors today. Here's what to expect.

    Read more »

    Man looking at digital holograms of graphs, charts, and data.
    Broker Notes

    Up 148% since April, should I still buy Megaport shares today?

    A leading analyst digs into the outlook for Megaport’s surging share price.

    Read more »

    Two IT professionals walk along a wall of mainframes in a data centre discussing various things
    Technology Shares

    How high does Macquarie think Megaport shares will go?

    The broker thinks this technology stock is looking cheap.

    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

    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 Jonathan(Jon) Gidney Non-Executive Director May 2026
    Mr Gidney has over 30 years of experience in corporate finance and capital markets advisory across industry sectors. He currently serves as a Non-Executive Director of ASX-listed Dexus Funds Management Limited (ASX:DXS) and Cettire Limited (ASX:CTT), and is Non-Executive Chair of FNZ (APAC) Group of Companies. He is also a Member of the Australian Takeovers Panel. Previously, Mr Gidney held roles at Citi as Vice-Chairman, Banking Capital Markets & Advisory, and at Greenhill as Senior Adviser and Vice Chairman. Earlier in his career, Mr Gidney served as Head of M&A at JPMorgan Australia for over a decade, where he led some of transactions across financial services, real estate, consumer and natural resources. Mr Gidney will serve as Chair of the 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
    -
    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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