Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Megaport ( (AU:MP1) ) has provided an update.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Megaport Ltd as of May 12, 2025. This change in holdings involves the sale and purchase of securities by JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited, impacting their voting securities in the company. The announcement signifies a shift in the financial positioning of Megaport’s stakeholders, potentially affecting investor confidence and market perception.
The most recent analyst rating on (AU:MP1) stock is a Buy with a A$16.05 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
Megaport Ltd operates in the technology and telecommunications industry, providing network connectivity services. The company focuses on enabling businesses to connect to cloud services, data centers, and internet exchanges globally, offering scalable and flexible solutions to its clients.
Average Trading Volume: 925,805
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.92B
Find detailed analytics on MP1 stock on TipRanks’ Stock Analysis page.