Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) reached a new 52-week low on Wednesday following insider selling activity. Following the completion of the transaction, the chief executive officer directly owned 7,665 shares of the company’s stock, valued at $1,275,149.40. Following the completion of the transaction, the director directly owned 7,665 shares of the company’s stock, valued at approximately $1,275,149.40. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.74. Atlassian Price PerformanceThe stock has a fifty day moving average of $173.70 and a 200-day moving average of $196.59.