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Megaport Director Increases Shareholding Following Shareholder Approval

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Megaport Director Increases Shareholding Following Shareholder Approval

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Megaport ( (AU:MP1) ) has provided an announcement.

Megaport Limited has announced a change in the director’s interest, with Glo Gordon acquiring an additional 2,009 fully paid ordinary shares, bringing her total to 6,027 shares. This acquisition was made pursuant to shareholder approval granted at Megaport’s Annual General Meeting, indicating a potential strategic alignment and confidence in the company’s future prospects.

The most recent analyst rating on (AU:MP1) stock is a Buy with a A$16.30 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 technology industry, providing network services that enable businesses to connect to cloud services, data centers, and other networks. The company focuses on offering scalable and flexible connectivity solutions to enhance digital transformation for its clients.

Average Trading Volume: 790,518

Technical Sentiment Signal: Buy

Current Market Cap: A$2.44B

Find detailed analytics on MP1 stock on TipRanks’ Stock Analysis page.

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