The stock of Atlassian Corporation (NASDAQ:TEAM) last traded at $199.32, down -1.08% from the previous session.
TEAM stock price is now -5.24% away from the 50-day moving average and -11.98% away from the 200-day moving average. The market capitalization of the company currently stands at $52.47B.
With the price target reduced from $295 to $245, BMO Capital Markets maintained Outperform rating for Atlassian Corporation (NASDAQ: TEAM). On April 14, 2025, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $255, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Cannon-Brookes Michael, CEO, Co-Founder sold 7,665 shares of the company’s stock on Jun 10 ’25. The stock was sold for $1,631,592 at an average price of $212.86. Upon completion of the transaction, the CEO, Co-Founder now directly owns 99,645 shares in the company, valued at $19.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, Director Farquhar Scott sold 7,665 shares of the business’s stock. A total of $1,631,593 was realized by selling the stock at an average price of $212.86. This leaves the insider owning 99,645 shares of the company worth $19.86 million. A total of 38.27% of the company’s stock is owned by insiders.
During the past 12 months, Atlassian Corporation has had a low of $135.29 and a high of $326.00. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 1.25, and a quick ratio of 1.25.
The net profit margin was -8.66% and return on equity was -34.33% for TEAM.
