In a filing, Atlassian Corporation revealed its Director Farquhar Scott unloaded Company’s shares for reported $1.64 million on Jul 03 ’25. In the deal valued at $213.97 per share,7,665 shares were sold. As a result of this transaction, Farquhar Scott now holds 467,565 shares worth roughly $101.02 million.
Then, Cannon-Brookes Michael sold 7,665 shares, generating $1,640,113 in total proceeds. Upon selling the shares at $213.97, the CEO, Co-Founder now owns 467,565 shares.
Before that, Farquhar Scott sold 7,665 shares. Atlassian Corporation shares valued at $1,571,268 were divested by the Director at a price of $204.99 per share. As a result of the transaction, Farquhar Scott now holds 475,230 shares, worth roughly $102.67 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 jump 1.18% to $216.05. Over the last five days, the stock has gained 6.79%. Atlassian Corporation shares have risen nearly 18.53% since the year began. Nevertheless, the stocks have fallen -11.23% 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.
Levels Of Support And Resistance For TEAM Stock
The 24-hour chart illustrates a support level at 212.47, which if violated will result in even more drops to 208.90. On the upside, there is a resistance level at 218.11. A further resistance level may holdings at 220.18.
How much short interest is there in Atlassian Corporation?
A steep rise in short interest was recorded in Atlassian Corporation stocks on 2025-06-13, growing by 0.95 million shares to a total of 4.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.99 million shares. There was a rise of 19.32%, which implies that there is a positive sentiment for the stock.
