The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Atlassian Corporation shares valued at $1,530,751 were sold by Cannon-Brookes Michael on Jun 25 ’25. At $199.71 per share, Cannon-Brookes Michael sold 7,665 shares. The insider’s holdings dropped to 22,995 shares worth approximately $4.56 million following the completion of this transaction.
Also, Farquhar Scott sold 7,665 shares, netting a total of over 1,530,753 in proceeds. Following the sale of shares at $199.71 each, the insider now holds 22,995 shares.
Before that, Cannon-Brookes Michael had sold 7,665 shares from its account. In a trade valued at $1,521,715, the CEO, Co-Founder traded Atlassian Corporation shares for $198.53 each. Upon closing the transaction, the insider’s holdings decreased to 7,665 shares, worth approximately $6.09 million.
As published in a research note from BMO Capital Markets on May 02, 2025, Atlassian Corporation [TEAM] has been retained to an Outperform and the price target has been revised to $245. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid April. As of April 10, 2025, Macquarie has increased its “Neutral” rating to a “an Outperform” for TEAM. Earlier on April 10, 2025, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for TEAM stock.
Analyzing TEAM Stock Performance
On last trading session,, Atlassian Corporation [NASDAQ: TEAM] rose 0.07% to $198.5. The stock’s lowest price that day was $197.645, but it reached a high of $201.2259 in the same session. During the last five days, there has been a surge of approximately 1.20%. Over the course of the year, Atlassian Corporation shares have jumped approximately 20.49%. 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.
Support And Resistance Levels for Atlassian Corporation (TEAM)
According to the 24-hour chart, there is a support level at 195.85, which, if violated, would cause prices to drop to 193.20. In the upper region, resistance lies at 201.19. The next price resistance is at 203.87. RSI (Relative Strength Index) is 44.09 on the 14-day chart, showing neutral technical sentiment.
Is Atlassian Corporation subject to short interest?
Stocks of Atlassian Corporation saw a sharp rise in short interest on 2025-06-13 jumping by 0.95 million shares to 4.94 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.99 million shares. A jump of 19.32% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.28 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.28.
Which companies own the most shares of Atlassian Corporation (TEAM)?
In terms of Atlassian Corporation share price expectations, FactSet research, analysts set an average price target of 320 in the next 12 months, up nearly 61.32% from the previous closing price of $198.36. Analysts anticipate Atlassian Corporation stock to reach 350 by 2025, with the lowest price target being 255. In spite of this, 15 analysts ranked Atlassian Corporation stock as Buy at the end of 2025. On April 02, 2025, Cantor Fitzgerald assigned a price target of “an Overweight” to the stock and upgraded coverage with a $272.
