Insider Selling: Atlassian (NASDAQ:TEAM) Director Sells $1,118,400.15 in Stock

Atlassian Corporation PLC (NASDAQ:TEAM) Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $145.91, for a total transaction of $1,118,400.15. Following the completion of the transaction, the director owned 421,575 shares in the company, valued at $61,512,008.25. The trade was a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Scott Farquhar also recently made the following trade(s):

• On Monday, January 12th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $147.15, for a total transaction of $1,127,904.75.
• On Wednesday, January 7th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $161.11, for a total transaction of $1,234,908.15.
• On Monday, January 5th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $154.20, for a total value of $1,181,943.00.
• On Friday, January 2nd, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $156.15, for a total value of $1,196,889.75.
• On Wednesday, December 31st, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $162.68, for a total value of $1,246,942.20.
• On Monday, December 29th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $163.66, for a total value of $1,254,453.90.
• On Friday, December 26th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $162.53, for a total value of $1,245,792.45.
• On Friday, December 19th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $162.40, for a total value of $1,244,796.00.
• On Tuesday, December 23rd, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $161.30, for a total transaction of $1,236,364.50.
• On Wednesday, December 17th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $163.16, for a total transaction of $1,250,621.40.

Atlassian Price Performance

NASDAQ:TEAM opened at $131.96 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. Atlassian Corporation PLC has a one year low of $131.20 and a one year high of $326.00. The company has a fifty day moving average price of $155.18 and a 200 day moving average price of $168.02. The stock has a market cap of $34.72 billion, a P/E ratio of -185.86, a PEG ratio of 21.35 and a beta of 0.88.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.21. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Atlassian had a negative net margin of 3.38% and a negative return on equity of 7.11%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 EPS. Analysts anticipate that Atlassian Corporation PLC will post -0.34 earnings per share for the current year.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: BTIG reaffirmed a “buy” on TEAM with a $220 price target, signaling analyst conviction that there is upside from current levels. BTIG/Benzinga coverage
• Positive Sentiment: Large institutional holders (e.g., Vanguard, Artisan, State Street) continue to hold or have added to positions in TEAM, supporting a base of long‑term demand beneath the stock.
• Neutral Sentiment: Atlassian scheduled Q2 FY2026 earnings for after the close on Feb 5, 2026 with a 2:00 PM PT conference call — a near‑term event that could reprice the stock based on revenue, guidance and booking trends. Earnings date announcement
• Neutral Sentiment: Operational/PR news: Keeper Security announced a cybersecurity deployment with the Atlassian Williams F1 team — positive for brand/partnerships but unlikely to move near‑term fundamentals materially. Keeper Security / Williams F1
• Neutral Sentiment: Analyst coverage remains mixed‑but‑positive overall (consensus “Moderate Buy” and a materially higher average target), so analyst commentary around earnings could amplify moves in either direction. Analyst roundup
• Negative Sentiment: Repeated insider selling by co‑founders Michael Cannon‑Brookes and Scott Farquhar (multiple 7,665‑share lots across Dec–Jan, including filings on Jan 12) is the primary bearish driver today — the pattern has prompted headlines and investor concern about timing and insider sentiment. See reporting and SEC filing for details. Invezz article SEC filing

Institutional Trading of Atlassian

Large investors have recently added to or reduced their stakes in the company. One Wealth Advisors LLC increased its holdings in shares of Atlassian by 56.7% in the second quarter. One Wealth Advisors LLC now owns 4,436 shares of the technology company’s stock worth $901,000 after acquiring an additional 1,606 shares in the last quarter. Allianz Asset Management GmbH grew its position in shares of Atlassian by 28.6% in the 2nd quarter. Allianz Asset Management GmbH now owns 102,194 shares of the technology company’s stock valued at $20,755,000 after purchasing an additional 22,701 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its stake in Atlassian by 3.7% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 258,299 shares of the technology company’s stock worth $52,458,000 after purchasing an additional 9,274 shares in the last quarter. Nordea Investment Management AB raised its holdings in Atlassian by 20.3% during the 3rd quarter. Nordea Investment Management AB now owns 721,690 shares of the technology company’s stock worth $114,695,000 after buying an additional 121,541 shares during the period. Finally, Machina Capital S.A.S. raised its holdings in Atlassian by 203.0% during the 2nd quarter. Machina Capital S.A.S. now owns 9,376 shares of the technology company’s stock worth $1,904,000 after buying an additional 6,282 shares during the period. 94.45% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TEAM has been the topic of a number of research reports. TD Cowen lowered their price objective on Atlassian from $220.00 to $205.00 and set a “hold” rating on the stock in a research report on Monday, October 27th. Zacks Research upgraded shares of Atlassian from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. UBS Group reduced their price objective on shares of Atlassian from $215.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, October 24th. Canaccord Genuity Group reissued a “buy” rating and issued a $230.00 target price on shares of Atlassian in a research note on Wednesday, October 22nd. Finally, Robert W. Baird set a $230.00 price target on shares of Atlassian in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $238.46.

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.