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An update from Megaport ( (AU:MP1) ) is now available.
Australian Retirement Trust Pty Ltd, acting as trustee for Australian Retirement Trust, has notified Megaport Limited that it has ceased to be a substantial shareholder in the company as of 30 March 2026. The change, documented under Australia’s Corporations Act disclosure rules, indicates a reduction in the fund’s voting interest and may modestly alter Megaport’s institutional shareholder mix, though no change in control or corporate strategy is implied by the filing.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
Megaport Limited operates in the telecommunications and cloud connectivity sector, providing network-as-a-service solutions that enable businesses to connect to clouds, data centres, and managed service providers. The company focuses on scalable, on-demand connectivity services for enterprise and technology customers in global markets.
Average Trading Volume: 1,117,076
Technical Sentiment Signal: Sell
Current Market Cap: A$1.25B
For detailed information about MP1 stock, go to TipRanks’ Stock Analysis page.