Sharp increase in TEAM’s short interest leads to surge in days-to-cover ratio

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 $1,177,323 were sold by Farquhar Scott on Oct 14 ’25. At $153.60 per share, Farquhar Scott sold 7,665 shares. The insider’s holdings dropped to 413,910 shares worth approximately $62.02 million following the completion of this transaction.

Also, Cannon-Brookes Michael sold 7,665 shares, netting a total of over 1,177,322 in proceeds. Following the sale of shares at $153.60 each, the insider now holds 413,910 shares.

Before that, Cannon-Brookes Michael had sold 7,665 shares from its account. In a trade valued at $1,132,968, the CEO, Co-Founder traded Atlassian Corporation shares for $147.81 each. Upon closing the transaction, the insider’s holdings decreased to 7,665 shares, worth approximately $63.17 million.

As published in their initiating research note from BofA Securities on September 23, 2025, Atlassian Corporation [TEAM] has been a Neutral and the price target has been revised to $200. Analysts at Guggenheim started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September. As of August 08, 2025, BMO Capital Markets has reiterated its “an Outperform” rating for TEAM. Earlier on July 16, 2025, CapitalOne downgraded its rating. Their new recommendation was “an Equal weight” for TEAM stock which previously was a “an Overweight”.

Analyzing TEAM Stock Performance

On last trading session, Atlassian Corporation [NASDAQ: TEAM] plunged -4.18% to $149.84. The stock’s lowest price that day was $149.73, but it reached a high of $159.8799 in the same session. During the last five days, there has been a surge of approximately 0.21%. Over the course of the year, Atlassian Corporation shares have dropped approximately -19.90%.

Is Atlassian Corporation subject to short interest?

Stocks of Atlassian Corporation saw a sharp rise in short interest on 2025-09-30 jumping by 58428.0 shares to 5.76 million. Data from Yahoo Finance shows that the short interest on 2025-08-29 was 5.71 million shares. A jump of 1.01% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.5 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.5.

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 232.5 in the next 12 months, up nearly 48.69% from the previous closing price of $156.37. 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 May 02, 2025, BMO Capital Markets assigned a price target of “an Outperform” to the stock and reiterated coverage with a $245.

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