Insider Sell: Rajeev Rajan Sells 3,504 Shares of Atlassian Corp (TEAM)

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Nov 23, 2024
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On November 21, 2024, Rajeev Rajan, Chief Technology Officer at Atlassian Corp, sold 3,504 shares of the company. Following this transaction, the insider now owns 192,770 shares of Atlassian Corp. Atlassian Corp (TEAM, Financial) is a company that provides team collaboration and productivity software. Its products help teams organize, discuss, and complete shared work. The company's offerings include project tracking software, content creation and sharing tools, and service management solutions. 1860112048084643840.png Over the past year, Rajeev Rajan has sold a total of 36,887 shares and has not purchased any shares. The insider transaction history for Atlassian Corp indicates that there have been 0 insider buys and 567 insider sells over the past year. 1860112107782172672.png On the day of the recent sale, shares of Atlassian Corp were trading at $251.97, giving the stock a market cap of $67.863 billion. The stock's GF Value was $245.53, resulting in a price-to-GF-Value ratio of 1.03, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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