Atlassian (TEAM) News Today

Shares of Atlassian Corporation PLC (NASDAQ:TEAM) are trading lower today amid heavy insider selling and mounting competition, though the stock remains buoyed by a “Moderate Buy” consensus rating. Key developments include:

• Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating on TEAM, based on 24 analyst reports (18 buy, 5 hold, 1 strong buy). Atlassian Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Atlassian will report Q4 FY 2025 earnings after the close on Thursday, August 7, providing fresh financial guidance. Atlassian (TEAM) to Release Earnings on Thursday
• Neutral Sentiment: A recent segment discusses strategies for playing software stocks in a shaky macro environment, including Atlassian’s positioning. How to Play Software Stocks in a Shaky Macro Climate
• Negative Sentiment: CEO Michael Cannon-Brookes sold 7,665 shares at an average price of $197.88 (≈$1.52 million), trimming his stake by 2.27%. Insider Selling: CEO Sells 7,665 Shares of Stock
• Negative Sentiment: Director Scott Farquhar also offloaded 7,665 shares at $197.88, reducing his holding by 2.27%. Scott Farquhar Sells 7,665 Shares of Atlassian Stock
• Negative Sentiment: Rival Mria Labs launched Mria CRM, a native customer-management tool for Jira, intensifying competition in Atlassian’s core workflow market. Mria Labs Enters CRM Market With Mria CRM to Bring Native Customer Management to Jira
• Negative Sentiment: An article reports internal clashes at Atlassian over AI integration, hinting at leadership friction as the company scales its GenAI roadmap. Atlassian Goes to War With Itself as AI Creeps Through Australia’s ‘Best Place to Work’