Atlassian Corporation’s recent filing unveils that its CEO, Co-Founder Cannon-Brookes Michael unloaded Company’s shares for reported $1.56 million on Apr 11 ’25. In the deal valued at $195.91 per share,7,948 shares were sold. As a result of this transaction, Cannon-Brookes Michael now holds 302,024 shares worth roughly $60.7 million.
Then, Farquhar Scott sold 7,948 shares, generating $1,557,106 in total proceeds. Upon selling the shares at $195.91, the Director now owns 302,024 shares.
Before that, Cannon-Brookes Michael sold 7,948 shares. Atlassian Corporation shares valued at $1,554,297 were divested by the CEO, Co-Founder at a price of $195.56 per share. As a result of the transaction, Cannon-Brookes Michael now holds 317,920 shares, worth roughly $63.9 million.
Robert W. Baird upgraded its Atlassian Corporation [TEAM] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Macquarie’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “an Outperform”. BMO Capital Markets also remained covering TEAM and reiterated its “an Outperform” recommendation on April 10, 2025. Cantor Fitzgerald revised its rating on April 02, 2025. It rated TEAM as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of TEAM
On Monday, Atlassian Corporation [NASDAQ:TEAM] saw its stock jump 1.32% to $200.99. Over the last five days, the stock has gained 7.71%. Atlassian Corporation shares have fallen nearly -17.42% since the year began. Nevertheless, the stocks have fallen -6.36% 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 $253.58, while 200 days put it at $216.84.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 196.11, which if violated will result in even more drops to 191.24. On the upside, there is a resistance level at 208.18. A further resistance level may holdings at 215.38. The Relative Strength Index (RSI) on the 14-day chart is 40.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.89%. Stochastics %K at 39.65% indicates the stock is a holding.
How much short interest is there in Atlassian Corporation?
A steep rise in short interest was recorded in Atlassian Corporation stocks on 2025-03-31, growing by 0.96 million shares to a total of 4.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.09 million shares. There was a rise of 23.65%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 19, 2025 when Stephens began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $255 price target.
