After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Atlassian Corporation (TEAM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $2.16, or 1.23%, to $178.31. The Atlassian Corporation has recorded 23,479 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Atlassian Announces Promotion of Anutthara Bharadwaj to President.
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Stocks Info
Atlassian Corporation is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Application industry. At the end of the last regular session, the stock closed at $176.15 and fluctuated between $181.89 as its day high and $175.76 as its day low. The current market capitalization of Atlassian Corporation is $42.24B. A total of 1.5 million shares were traded on the day, compared to an average of 3.27M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, TEAM has seen 3 BUY and 667 SELL insider trades, representing the acquisition of 1,098,136 and the disposition of 775,927 shares. Over the last 12 months, there were 12 BUYs and 1,583 SELLs from insiders. Insiders purchased 1,181,555 shares during that period but sold 1,584,452.
In the most recent transaction, Cannon-Brookes Michael sold 8,614 shares of TEAM for 174.87 per share on Mar 03. After the transaction, the Co-CEO, Co-Founder now owns 172,280 company shares. In a previous transaction on Mar 03, Farquhar Scott sold 8,614 shares at 174.86 per share. TEAM shares that Co-CEO, Co-Founder owns now total 172,280.
Among the insiders who sold shares, Cannon-Brookes Michael disposed of 8,614 shares on Mar 02 at a per-share price of $164.18. This resulted in the Co-CEO, Co-Founder holding 180,894 shares of TEAM after the transaction. In another insider transaction, Farquhar Scott sold 8,614 shares at $164.18 per share on Mar 02. Company shares held by the Co-CEO, Co-Founder now total 180,894.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for TEAM in the last 3 months, the mean price target is $199.29 with high estimates of $460.00 and low estimates of $150.00. In terms of 52-week highs and lows, TEAM has a high of $318.64 and a low of $113.86.
As of this writing, TEAM has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $0.73 per share and a lower estimate of $0.29. The company reported an EPS of $0.36 in the last quarter, which was -7.70% lower than expectations of $0.39.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 27 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TEAM is Sell with a score of 4.26. A total of 16 analysts rated the stock as Buy while 2 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.