Atlassian Corporation’s recently made public that its CEO, Co-Founder Cannon-Brookes Michael unloaded Company’s shares for reported $1.5 million on Apr 04 ’25. In the deal valued at $188.28 per share,7,948 shares were sold. As a result of this transaction, Cannon-Brookes Michael now holds 341,764 shares worth roughly $63.78 million.
Then, Farquhar Scott sold 7,948 shares, generating $1,496,405 in total proceeds. Upon selling the shares at $188.27, the Director now owns 341,764 shares.
Before that, Farquhar Scott sold 7,948 shares. Atlassian Corporation shares valued at $1,589,843 were divested by the Director at a price of $200.03 per share. As a result of the transaction, Farquhar Scott now holds 349,712 shares, worth roughly $65.26 million.
Cantor Fitzgerald upgraded its Atlassian Corporation [TEAM] rating to an Overweight from a a Neutral in a research note published on April 02, 2025; the price target was decreased to $272 from $304. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid March with a ‘”an Equal-weight”‘ rating. Cantor Fitzgerald began covering TEAM with “Neutral” recommendation on January 17, 2025. BMO Capital Markets revised its rating on January 10, 2025. It rated TEAM as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of TEAM
On Monday, Atlassian Corporation [NASDAQ:TEAM] saw its stock fall -0.56% to $186.61. Over the last five days, the stock has lost -12.06%. Atlassian Corporation shares have fallen nearly -23.33% since the year began. Nevertheless, the stocks have fallen -2.97% 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 04/07/25. SMA at 50 days reached $261.52, while 200 days put it at $216.00.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 174.31, which if violated will result in even more drops to 162.00. On the upside, there is a resistance level at 198.07. A further resistance level may holdings at 209.52. The Relative Strength Index (RSI) on the 14-day chart is 28.75, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -26.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.85%. Stochastics %K at 12.24% indicates the stock is a buying.
How much short interest is there in Atlassian Corporation?
A steep rise in short interest was recorded in Atlassian Corporation stocks on 2025-03-14, growing by 98109.0 shares to a total of 3.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.57 million shares. There was a rise of 2.68%, which implies that there is a positive sentiment for the stock.
