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 $1,383,633 were sold by Cannon-Brookes Michael on Sep 09 ’25. At $180.51 per share, Cannon-Brookes Michael sold 7,665 shares. The insider’s holdings dropped to 114,975 shares worth approximately $20.04 million following the completion of this transaction.
Also, Farquhar Scott sold 7,665 shares, netting a total of over 1,383,635 in proceeds. Following the sale of shares at $180.51 each, the insider now holds 114,975 shares.
Before that, Cannon-Brookes Michael had sold 7,665 shares from its account. In a trade valued at $1,315,263, the CEO, Co-Founder traded Atlassian Corporation shares for $171.59 each. Upon closing the transaction, the insider’s holdings decreased to 7,665 shares, worth approximately $21.38 million.
As published in a research note from BMO Capital Markets on August 08, 2025, Atlassian Corporation [TEAM] has been retained to an Outperform and the price target has been revised to $200. Analysts at CapitalOne downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid July. As of May 02, 2025, BMO Capital Markets has reiterated its “an Outperform” rating for TEAM. Earlier on April 14, 2025, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for TEAM stock which previously was a “a Neutral”.
Analyzing TEAM Stock Performance
On last trading session, Atlassian Corporation [NASDAQ: TEAM] plunged -4.41% to $174.32. The stock’s lowest price that day was $173.2, but it reached a high of $182.27 in the same session. During the last five days, there has been a surge of approximately 2.13%. Over the course of the year, Atlassian Corporation shares have jumped approximately 8.07%. Shares of the company reached a 52-week high of $326.00 on 02/10/25 and a 52-week low of $156.69 on 08/13/25.
Support And Resistance Levels for Atlassian Corporation (TEAM)
According to the 24-hour chart, there is a support level at 170.85, which, if violated, would cause prices to drop to 167.37. In the upper region, resistance lies at 180.15. The next price resistance is at 185.97. RSI (Relative Strength Index) is 49.03 on the 14-day chart, showing neutral technical sentiment.
Is Atlassian Corporation subject to short interest?
Stocks of Atlassian Corporation saw a sharp steep in short interest on 2025-08-15 dropping by -0.49 million shares to 5.54 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 6.02 million shares. A decline of -8.81% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.01 of the overall float, the days-to-cover ratio (short ratio) decline to 2.01.
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 250 in the next 12 months, up nearly 37.09% from the previous closing price of $182.36. Analysts anticipate Atlassian Corporation stock to reach 320 by 2025, with the lowest price target being 211. In spite of this, 15 analysts ranked Atlassian Corporation stock as Buy at the end of 2025. On April 10, 2025, Macquarie assigned a price target of “an Outperform” to the stock and upgraded coverage with a $270.