Atlassian (NASDAQ:TEAM) CRO Sells $319,204.95 in Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CRO Brian Duffy sold 1,851 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $172.45, for a total value of $319,204.95. Following the completion of the transaction, the executive directly owned 218,223 shares of the company’s stock, valued at approximately $37,632,556.35. The trade was a 0.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brian Duffy also recently made the following trade(s):

• On Friday, August 14th, Brian Duffy sold 7,617 shares of Atlassian stock. The shares were sold at an average price of $163.00, for a total transaction of $1,241,571.00.
• On Friday, June 12th, Brian Duffy sold 3,000 shares of Atlassian stock. The shares were sold at an average price of $89.71, for a total transaction of $269,130.00.
• On Thursday, June 11th, Brian Duffy sold 1,432 shares of Atlassian stock. The stock was sold at an average price of $88.79, for a total transaction of $127,147.28.
• On Wednesday, June 10th, Brian Duffy sold 1,813 shares of Atlassian stock. The shares were sold at an average price of $92.79, for a total transaction of $168,228.27.
• On Tuesday, June 9th, Brian Duffy sold 1,454 shares of Atlassian stock. The shares were sold at an average price of $95.35, for a total transaction of $138,638.90.
• On Monday, June 8th, Brian Duffy sold 1,451 shares of Atlassian stock. The shares were sold at an average price of $98.03, for a total transaction of $142,241.53.

Atlassian Stock Down 1.8%

TEAM stock opened at $171.81 on Friday. The firm’s 50-day moving average is $105.84 and its two-hundred day moving average is $89.49. The company has a market capitalization of $43.60 billion, a price-to-earnings ratio of -904.26, a price-to-earnings-growth ratio of 13.50 and a beta of 1.05. Atlassian Corporation PLC has a 52 week low of $56.01 and a 52 week high of $184.00. The company has a current ratio of 0.78, a quick ratio of 0.70 and a debt-to-equity ratio of 0.93.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings data on Friday, August 7th. The technology company reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the firm posted $0.98 earnings per share. The business’s revenue was up 27.6% on a year-over-year basis. On average, analysts forecast that Atlassian Corporation PLC will post 0.94 earnings per share for the current fiscal year.

Key Headlines Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
• Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
• Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
• Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
• Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TEAM. Cantor Fitzgerald reiterated an “overweight” rating and set a $126.00 price target on shares of Atlassian in a research report on Monday, August 3rd. Guggenheim upped their price objective on Atlassian from $115.00 to $165.00 and gave the company a “buy” rating in a report on Friday, August 7th. FBN Securities reaffirmed an “outperform” rating and set a $170.00 target price on shares of Atlassian in a research note on Monday, August 10th. BTIG Research lifted their target price on Atlassian from $130.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atlassian in a report on Friday, July 17th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Atlassian currently has an average rating of “Moderate Buy” and a consensus target price of $177.23.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TEAM. Nicholas Company Inc. lifted its holdings in shares of Atlassian by 8.7% during the fourth quarter. Nicholas Company Inc. now owns 306,819 shares of the technology company’s stock valued at $49,748,000 after purchasing an additional 24,490 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Atlassian by 25.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 139,400 shares of the technology company’s stock valued at $22,602,000 after purchasing an additional 28,001 shares during the period. Tensor Edge Capital LLC purchased a new position in Atlassian in the 4th quarter worth about $5,028,000. M&T Bank Corp increased its stake in Atlassian by 481.7% in the 4th quarter. M&T Bank Corp now owns 24,651 shares of the technology company’s stock worth $3,997,000 after purchasing an additional 20,413 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Atlassian by 69.4% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 62,000 shares of the technology company’s stock worth $4,232,000 after purchasing an additional 25,400 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

Atlassian Company Profile

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.