Atlassian Corporation (NASDAQ: TEAM) is -6.19% 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 $228.49 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $228.31, the stock is 10.17% and -1.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing -0.08% at the moment leaves the stock 4.37% off its SMA200. TEAM registered 27.23% gain for a year compared to 6-month gain of 20.97%. The firm has a 50-day simple moving average (SMA 50) of $231.0612 and a 200-day simple moving average (SMA200) of $218.7575.
The stock witnessed a 7.59% loss in the last 1 month and extending the period to 3 months gives it a -15.86%, and is 9.62% 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 3.58% over the week and 6.20% over the month.
Atlassian Corporation (TEAM) has around 12157 employees, a market worth around $59.82B and $4.79B in sales. Fwd P/E is 54.28. Profit margin for the company is -7.22%. Distance from 52-week low is 68.76% and -29.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.33%).
with sales reaching $1.35B over the same period.The EPS is expected to grow by 18.64% this year, but quarterly earnings will post 18.95% year-over-year. Quarterly sales are estimated to grow 13.77% in year-over-year returns.
1173.0 institutions hold shares in Atlassian Corporation (TEAM), with institutional investors hold 94.50% of the company’s shares. The shares outstanding are 163.08M, and float is at 160.16M with Short Float at 3.44%. Institutions hold 94.17% 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 29 ’25 at a price of $229.03 per share for a total of $1.82 million. Following the sale, the insider now owns 0.21 million shares.
Atlassian Corporation disclosed in a document filed with the SEC on Apr 29 ’25 that Farquhar Scott (Director) sold a total of 7,948 shares of the company’s common stock. The trade occurred on Apr 29 ’25 and was made at $229.03 per share for $1.82 million. Following the transaction, the insider now directly holds 0.21 million shares of the TEAM stock.
Still, SEC filings show that on Apr 28 ’25, Cannon-Brookes Michael (CEO, Co-Founder) disposed off 7,948 shares at an average price of $229.59 for $1.82 million. The insider now directly holds 222,544 shares of Atlassian Corporation (TEAM).
