New insider activity at Atlassian ( (TEAM) ) has taken place on May 21, 2025.
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Several key executives at Atlassian have recently sold shares of the company’s stock. CTO Rajeev Rajan Bashyam sold 3,165 shares, amounting to $680,042. CFO Joseph Leo Binz sold 1,770 shares for $380,308. CAO Gene Liu sold 121 shares, totaling $25,999. President Anutthara Bharadwaj sold 1,731 shares, worth $371,928. Lastly, CRO Brian Duffy sold 1,959 shares, bringing in $420,917.
Recent Updates on TEAM stock
In the past 24 hours, Atlassian has experienced several changes in price targets from various financial institutions, reflecting a mix of positive growth indicators and challenges. Morgan Stanley maintains a positive outlook on Atlassian, citing its efficient innovation and leadership in key markets, which supports its status as a ‘Best Athlete’ in the software sector. However, Barclays, Truist, UBS, and others have lowered their price targets due to factors such as slightly underwhelming Q3 results, delayed enterprise deals, and macroeconomic uncertainties impacting revenue growth. Despite these challenges, Atlassian’s strong cloud revenue growth, significant AI advancements, and strategic improvements in product offerings and engineering efficiency provide a foundation for optimism about its long-term growth potential.
Spark’s Take on TEAM Stock
According to Spark, TipRanks’ AI Analyst, TEAM is a Outperform.
Atlassian shows strong revenue growth and robust cash flow management, which are key strengths. However, persistent profitability issues and high valuation multiples pose significant risks. The earnings call highlighted strategic progress, especially in AI and cloud capabilities, supporting a positive long-term outlook despite macroeconomic challenges.
To see Spark’s full report on TEAM stock, click here.
More about Atlassian
YTD Price Performance: -11.52%
Average Trading Volume: 2,495,539
Technical Sentiment Signal: Buy
Current Market Cap: $56.46B