In a filing, Atlassian Corporation revealed its CEO, Co-Founder Cannon-Brookes Michael unloaded Company’s shares for reported $1.52 million on Jun 13 ’25. In the deal valued at $197.87 per share,7,665 shares were sold. As a result of this transaction, Cannon-Brookes Michael now holds 76,650 shares worth roughly $15.35 million.
Then, Farquhar Scott sold 7,665 shares, generating $1,516,643 in total proceeds. Upon selling the shares at $197.87, the Director now owns 76,650 shares.
Before that, Cannon-Brookes Michael sold 7,665 shares. Atlassian Corporation shares valued at $1,529,519 were divested by the CEO, Co-Founder at a price of $199.55 per share. As a result of the transaction, Cannon-Brookes Michael now holds 84,315 shares, worth roughly $16.89 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 1.78% to $200.32. Over the last five days, the stock has lost -6.82%. Atlassian Corporation shares have fallen nearly -17.69% since the year began. Nevertheless, the stocks have risen 23.02% 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 197.73, which if violated will result in even more drops to 195.15. On the upside, there is a resistance level at 202.79. A further resistance level may holdings at 205.27.
