Atlassian Corporation (NASDAQ: TEAM) is -7.60% 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 $229.52 in the last trading session, with the day’s loss setting it -4.64%.
Currently trading at $224.88, the stock is 4.53% and 3.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.02 million and changing -2.02% at the moment leaves the stock 1.90% off its SMA200. TEAM registered 25.11% gain for a year compared to 6-month loss of -5.43%.
The stock witnessed a 11.89% gain in the last 1 month and extending the period to 3 months gives it a -29.38%, and is 9.32% 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 3.04% over the week and 3.86% over the month.
Atlassian Corporation (TEAM) has around 12157 employees, a market worth around $59.20B and $4.96B in sales. Fwd P/E is 53.65. Profit margin for the company is -8.66%. Distance from 52-week low is 66.22% and -31.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.82%).
The EPS is expected to grow by 20.78% this year
The shares outstanding are 165.15M, and float is at 160.06M with Short Float at 3.07%.
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
Still, SEC filings show that on May 14 ’25, ANUTTHARA BHARADWAJ (Officer) Proposed Sale 7,674 shares at an average price of $225.51 for $1.73 million. The insider now directly holds shares of Atlassian Corporation (TEAM).
