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Megaport Director Increases Shareholding Through Purchase Plan

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Megaport Director Increases Shareholding Through Purchase Plan

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Megaport ( (AU:MP1) ) just unveiled an announcement.

Megaport Limited announced a change in the director’s interest notice, revealing that Director Melinda Snowden has acquired 2,297 fully paid ordinary shares through participation in a Share Purchase Plan. This acquisition increases her total holdings to 22,324 shares, reflecting a continued commitment to the company and potentially signaling confidence in Megaport’s strategic direction.

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, focusing on providing network as a service solutions. The company specializes in enabling businesses to connect their networks through a global platform, offering services that include cloud connectivity and data center interconnection.

Average Trading Volume: 793,233

Technical Sentiment Signal: Buy

Current Market Cap: A$2.34B

See more data about MP1 stock on TipRanks’ Stock Analysis page.

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