Atlassian Corporation (NASDAQ: TEAM) is -7.52% lower on its value in year-to-date trading and has touched a low of $135.29 and a high of $326.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEAM stock was last observed hovering at around $208.27 in the last trading session, with the day’s gains setting it 16.81%.
Currently trading at $225.08, the stock is 9.84% and -5.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing 8.07% at the moment leaves the stock 3.37% off its SMA200. TEAM registered 15.86% gain for a year compared to 6-month gain of 16.72%. The firm has a 50-day simple moving average (SMA 50) of $238.0148 and a 200-day simple moving average (SMA200) of $217.7385.
The stock witnessed a -4.72% loss in the last 1 month and extending the period to 3 months gives it a -15.29%, and is 9.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.80% over the week and 6.37% over the month.
Atlassian Corporation (TEAM) has around 12157 employees, a market worth around $58.97B and $4.79B in sales. Fwd P/E is 53.51. Profit margin for the company is -7.22%. Distance from 52-week low is 66.37% and -30.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.33%).
The EPS is expected to grow by 18.64% this year
1165.0 institutions hold shares in Atlassian Corporation (TEAM), with institutional investors hold 94.80% of the company’s shares. The shares outstanding are 163.08M, and float is at 160.11M with Short Float at 2.53%. Institutions hold 94.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.97 million shares valued at $2.82 billion. The investor’s holdings represent 6.1345 of the TEAM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.76 million shares valued at $1.9 billion to account for 4.132 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 9.27 million shares representing 3.5602 and valued at over $1.64 billion, while BAILLIE GIFFORD & CO holds 3.2404 of the shares totaling 8.44 million with a market value of $1.49 billion.
Atlassian Corporation (TEAM) Insider Activity
The most recent transaction is an insider sale by Cannon-Brookes Michael, the company’s CEO, Co-Founder. SEC filings show that Cannon-Brookes Michael sold 7,948 shares of the company’s common stock on Apr 23 ’25 at a price of $210.23 per share for a total of $1.67 million. Following the sale, the insider now owns 0.25 million shares.
Atlassian Corporation disclosed in a document filed with the SEC on Apr 23 ’25 that Farquhar Scott (Director) sold a total of 7,948 shares of the company’s common stock. The trade occurred on Apr 23 ’25 and was made at $210.23 per share for $1.67 million. Following the transaction, the insider now directly holds 0.25 million shares of the TEAM stock.
Still, SEC filings show that on Apr 22 ’25, Cannon-Brookes Michael (CEO, Co-Founder) disposed off 7,948 shares at an average price of $198.83 for $1.58 million. The insider now directly holds 254,336 shares of Atlassian Corporation (TEAM).
