Atlassian Stock Rises Despite 47.77% Volume Drop to 318th Rank

On June 30, 2025, Atlassian (TEAM) saw a trading volume of $262 million, marking a 47.77% decrease from the previous day. The stock ranked 318th in terms of trading volume for the day. Atlassian's stock price rose by 0.38%, marking its third consecutive day of gains, with a total increase of 2.38% over the past three days.

Recent insider trading activities have been noted at Atlassian. Director Scott Farquhar sold 7,665 shares of Class A Common Stock on June 27, 2025, for a total of $1.56 million. This transaction follows another sale by an insider, who sold shares worth $1,557,214, according to a recent SEC filing. Additionally, another insider sold shares at an average price of $199.71, totaling $1,530,777.15.

In terms of financial performance, Atlassian met Wall Street's revenue expectations for Q1 CY2025, with sales increasing by 14.1% year over year to $1.36 billion. The company's revenue primarily comes from its Software & Programming segment, which generated $4.96 billion. Atlassian's stock trades at 9x forward price-to-sales, raising questions about whether now is a good time to invest.