Atlassian Corporation’s filing revealed that its President BHARADWAJ ANUTTHARA unloaded Company’s shares for reported $0.48 million on Feb 14 ’25. In the deal valued at $312.58 per share,1,520 shares were sold. As a result of this transaction, BHARADWAJ ANUTTHARA now holds 201,657 shares worth roughly $ 63.61 million.
Then, LIU GENE sold 568 shares, generating $177,264 in total proceeds. Upon selling the shares at $312.08, the Chief Accounting Officer now owns 52,142 shares.
Before that, RAJAN RAJEEV BASHYAM sold 3,111 shares. Atlassian Corporation shares valued at $970,912 were divested by the Chief Technology Officer at a price of $312.09 per share. As a result of the transaction, RAJAN RAJEEV BASHYAM now holds 183,878 shares, worth roughly $58.0 million.
Cantor Fitzgerald initiated its Atlassian Corporation [TEAM] rating to a Neutral in a research note published on January 17, 2025; the price target was $264. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in early January from “a Market perform” to “an Outperform”. Truist also remained covering TEAM and has increased its forecast on January 07, 2025 with a “Buy” recommendation from previously “Hold” rating. Macquarie started covering the stock on December 12, 2024. It rated TEAM as “a Neutral”.
Price Performance Review of TEAM
On Tuesday, Atlassian Corporation [NASDAQ:TEAM] saw its stock jump 0.75% to $315.44. Over the last five days, the stock has lost -2.32%. Atlassian Corporation shares have risen nearly 29.61% since the year began. Nevertheless, the stocks have risen 46.11% over the past one year. While a 52-week high of $326.00 was reached on 02/10/25, a 52-week low of $135.29 was recorded on 01/13/25. SMA at 50 days reached $273.30, while 200 days put it at $203.96.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 310.50, which if violated will result in even more drops to 305.55. On the upside, there is a resistance level at 318.69. A further resistance level may holdings at 321.93. The Relative Strength Index (RSI) on the 14-day chart is 66.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.60%. Stochastics %K at 80.95% indicates the stock is a selling.
