In a filing, Atlassian Corporation revealed its CEO, Co-Founder Cannon-Brookes Michael unloaded Company’s shares for reported $1.67 million on May 05 ’25. In the deal valued at $209.87 per share,7,948 shares were sold. As a result of this transaction, Cannon-Brookes Michael now holds 182,804 shares worth roughly $38.0 million.
Then, Farquhar Scott sold 7,948 shares, generating $1,668,079 in total proceeds. Upon selling the shares at $209.87, the Director now owns 182,804 shares.
Before that, Farquhar Scott sold 7,948 shares. Atlassian Corporation shares valued at $1,679,437 were divested by the Director at a price of $211.30 per share. As a result of the transaction, Farquhar Scott now holds 190,752 shares, worth roughly $39.66 million.
BMO Capital Markets reiterated its Atlassian Corporation [TEAM] rating to an Outperform in a research note published on May 02, 2025; the price target was $245. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “an Outperform”. Macquarie also remained covering TEAM and has increased its forecast on April 10, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. BMO Capital Markets maintained its rating on April 10, 2025. It rated TEAM as “an Outperform”.
Price Performance Review of TEAM
On Tuesday, Atlassian Corporation [NASDAQ:TEAM] saw its stock jump 0.05% to $207.89. Over the last five days, the stock has lost -9.02%. Atlassian Corporation shares have fallen nearly -14.58% since the year began. Nevertheless, the stocks have risen 13.26% 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 $224.68, while 200 days put it at $219.43.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 204.74, which if violated will result in even more drops to 201.58. On the upside, there is a resistance level at 209.90. A further resistance level may holdings at 211.90. The Relative Strength Index (RSI) on the 14-day chart is 44.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.18%. Stochastics %K at 34.13% indicates the stock is a holding.
