Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Atlassian Corporation shares valued at $1,793,350 were sold by Cannon-Brookes Michael on Apr 30 ’25. At $225.64 per share, Cannon-Brookes Michael sold 7,948 shares. The insider’s holdings dropped to 206,648 shares worth approximately $47.34 million following the completion of this transaction.
Also, Farquhar Scott sold 7,948 shares, netting a total of over 1,793,347 in proceeds. Following the sale of shares at $225.63 each, the insider now holds 206,648 shares.
Before that, Cannon-Brookes Michael had sold 7,948 shares from its account. In a trade valued at $1,820,312, the CEO, Co-Founder traded Atlassian Corporation shares for $229.03 each. Upon closing the transaction, the insider’s holdings decreased to 7,948 shares, worth approximately $49.16 million.
As published in a research note from Robert W. Baird on April 14, 2025, Atlassian Corporation [TEAM] has been rated up from a Neutral to an Outperform and the price target has been revised to $255. Analysts at Macquarie upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early April. As of April 10, 2025, BMO Capital Markets has reiterated its “an Outperform” rating for TEAM. Earlier on April 02, 2025, Cantor Fitzgerald upgraded its rating. Their new recommendation was “an Overweight” for TEAM stock which previously was a “a Neutral”.
Analyzing TEAM Stock Performance
During the last five days, there has been a surge of approximately 1.77%. Over the course of the year, Atlassian Corporation shares have dropped approximately -5.88%. Shares of the company reached a 52-week high of $326.00 on 02/10/25 and a 52-week low of $173.46 on 04/07/25. A 50-day SMA is recorded $229.57, while a 200-day SMA reached $219.00.
Support And Resistance Levels for Atlassian Corporation (TEAM)
According to the 24-hour chart, there is a support level at 224.46, which, if violated, would cause prices to drop to 219.85. In the upper region, resistance lies at 237.84. The next price resistance is at 246.61. RSI (Relative Strength Index) is 56.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 15.37, which suggests the price will increase in the coming days. Percent R is at 25.09%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
