Atlassian (NASDAQ:TEAM) Director Scott Farquhar Sells 7,665 Shares of Stock

Atlassian Corporation PLC (NASDAQ:TEAM) Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $147.15, for a total transaction of $1,127,904.75. Following the sale, the director owned 413,910 shares of the company’s stock, valued at $60,906,856.50. This trade represents a 1.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, January 9th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $145.91, for a total value of $1,118,400.15.
• On Wednesday, January 7th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $161.11, for a total value of $1,234,908.15.
• On Monday, January 5th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were 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 shares were 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 stock was 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 transaction 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 transaction of $1,245,792.45.
• On Friday, December 19th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $162.40, for a total transaction of $1,244,796.00.
• On Tuesday, December 23rd, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were 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 shares were sold at an average price of $163.16, for a total transaction of $1,250,621.40.

Atlassian Trading Down 5.8%

Shares of TEAM stock opened at $137.89 on Wednesday. The stock has a market cap of $36.28 billion, a P/E ratio of -194.21, a price-to-earnings-growth ratio of 22.68 and a beta of 0.88. Atlassian Corporation PLC has a 1 year low of $137.66 and a 1 year high of $326.00. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $155.77 and a 200 day simple moving average of $168.27.

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

Wall Street Analysts Forecast Growth

TEAM has been the topic of several recent analyst reports. Cowen reissued a “hold” rating on shares of Atlassian in a report on Monday, October 27th. Truist Financial set a $210.00 price objective on shares of Atlassian in a research note on Friday, October 31st. Macquarie lowered their price objective on shares of Atlassian from $250.00 to $240.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $230.00 target price on shares of Atlassian in a report on Wednesday, October 22nd. Finally, BMO Capital Markets boosted their price target on Atlassian from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Atlassian currently has an average rating of “Moderate Buy” and a consensus price target of $238.46.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Atlassian by 6.0% in the 3rd quarter. Vanguard Group Inc. now owns 18,479,561 shares of the technology company’s stock valued at $2,951,186,000 after buying an additional 1,049,483 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Atlassian by 66.3% during the second quarter. Artisan Partners Limited Partnership now owns 3,878,133 shares of the technology company’s stock valued at $787,610,000 after acquiring an additional 1,545,546 shares during the last quarter. State Street Corp lifted its holdings in shares of Atlassian by 1.9% during the third quarter. State Street Corp now owns 3,867,995 shares of the technology company’s stock worth $617,719,000 after purchasing an additional 73,014 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Atlassian by 18.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,867,886 shares of the technology company’s stock worth $458,001,000 after purchasing an additional 451,706 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Atlassian by 266.6% in the third quarter. DNB Asset Management AS now owns 2,806,888 shares of the technology company’s stock worth $448,260,000 after purchasing an additional 2,041,210 shares during the last quarter. 94.45% of the stock is currently owned by institutional investors.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: BTIG reaffirmed a “buy” on TEAM and kept a $220 price target, signaling continued analyst conviction and potential upside vs. current levels. BTIG/Benzinga coverage
• Neutral Sentiment: Atlassian set its Q2 FY2026 earnings release for after the close on Feb 5, 2026 and will host a 2:00 PM PT call — a clear near‑term event that can drive volatility and reprice the stock based on guidance and growth metrics. Earnings date announcement
• Neutral Sentiment: Keeper Security announced a cyber‑security deployment with the Atlassian Williams F1 team (operational/PR partnership). This is business‑development news but unlikely to move fundamentals materially in the near term. Keeper Security / Williams F1
• Neutral Sentiment: Analyst coverage remains mixed but biased positive: Market consensus is a “Moderate Buy” with a material gap between current price and consensus targets, so analyst commentary can amplify moves around earnings. Analyst roundup
• Negative Sentiment: Repeated insider selling by co‑founders/CEOs: Michael Cannon‑Brookes and Scott Farquhar each filed sales of 7,665 shares on Jan 12 at about $147.15 (~$1.13M each). These are part of a string of similar daily sales in Dec–Jan (multiple 7,665‑share lots), trimming each insider’s stake by ~1.8% while leaving them with large residual holdings. The pattern of ongoing, sizable insider disposals is a bearish signal for market sentiment even though insiders remain major shareholders. Insider sale SEC filing

About Atlassian

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.