CEO, Co-Founder Cannon-Brookes Michael sale 7,665 shares of Atlassian Corporation [TEAM]

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Atlassian Corporation shares valued at $1,330,074 were sold by Cannon-Brookes Michael on Sep 16 ’25. At $173.53 per share, Cannon-Brookes Michael sold 7,665 shares. The insider’s holdings dropped to 76,650 shares worth approximately $13.2 million following the completion of this transaction.

Also, Farquhar Scott sold 7,665 shares, netting a total of over 1,330,075 in proceeds. Following the sale of shares at $173.53 each, the insider now holds 76,650 shares.

Before that, Farquhar Scott had sold 7,665 shares from its account. In a trade valued at $1,338,138, the Director traded Atlassian Corporation shares for $174.58 each. Upon closing the transaction, the insider’s holdings decreased to 7,665 shares, worth approximately $14.52 million.

As published in their initiating research note from Guggenheim on September 11, 2025, Atlassian Corporation [TEAM] has been a Buy and the price target has been revised to $225. Analysts at BMO Capital Markets resumed the stock at ‘”an Outperform”‘ outlook in a report released in early August. As of July 16, 2025, CapitalOne has decreased its “an Overweight” rating to a “an Equal weight” for TEAM. Earlier on May 02, 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 0.12% to $172.25. The stock’s lowest price that day was $171.2396, but it reached a high of $176.87 in the same session. During the last five days, there has been a drop of approximately -1.19%. Over the course of the year, Atlassian Corporation shares have jumped approximately 5.20%.

Is Atlassian Corporation subject to short interest?

Stocks of Atlassian Corporation saw a sharp rise in short interest on 2025-08-29 jumping by 0.82 million shares to 5.71 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 4.88 million shares. A jump of 14.42% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.99 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.99.

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 45.32% from the previous closing price of $172.04. 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 14, 2025, Robert W. Baird assigned a price target of “an Outperform” to the stock and upgraded coverage with a $255.

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