Atlassian Corporation’s recent filing unveils that its Director Farquhar Scott unloaded Company’s shares for reported $1.63 million on May 30 ’25. In the deal valued at $205.15 per share,7,948 shares were sold. As a result of this transaction, Farquhar Scott now holds 39,740 shares worth roughly $8.17 million.
Then, Cannon-Brookes Michael sold 7,948 shares, generating $1,630,499 in total proceeds. Upon selling the shares at $205.15, the CEO, Co-Founder now owns 39,740 shares.
Before that, Cannon-Brookes Michael sold 7,948 shares. Atlassian Corporation shares valued at $1,635,152 were divested by the CEO, Co-Founder at a price of $205.73 per share. As a result of the transaction, Cannon-Brookes Michael now holds 47,688 shares, worth roughly $9.81 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 Monday, Atlassian Corporation [NASDAQ:TEAM] saw its stock fall -0.96% to $205.63. Over the last five days, the stock has lost -0.58%. Atlassian Corporation shares have fallen nearly -15.51% since the year began. Nevertheless, the stocks have risen 24.05% 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 $212.61, while 200 days put it at $224.21.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 200.02, which if violated will result in even more drops to 194.40. On the upside, there is a resistance level at 209.73. A further resistance level may holdings at 213.82. The Relative Strength Index (RSI) on the 14-day chart is 43.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.94%. Stochastics %K at 14.72% indicates the stock is a buying.
