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

December 24, 2025 by InsiderTrades.com

Key Points

Scott Farquhar sold 7,665 Atlassian shares on Dec. 23 at an average of $161.30 for about $1.236M, cutting his holding to 38,325 shares (a 16.67% reduction).
Those sales are part of multiple identical 7,665‑share dispositions by Farquhar (and matching sales by co‑founder/CEO Michael Cannon‑Brookes) over Nov–Dec, a pattern of sizable insider selling that may weigh on sentiment even as analysts list TEAM as a Moderate Buy with an average target near $239 after a recent earnings beat and 20.6% revenue growth.

Atlassian Corporation PLC (NASDAQ:TEAM - Get Free Report) Director Scott Farquhar sold 7,665 shares of the company's stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $161.30, for a total transaction of $1,236,364.50. Following the transaction, the director owned 38,325 shares of the company's stock, valued at approximately $6,181,822.50. This represents a 16.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Battle of the Big-Upside Tech Names: HUBS vs. NBIS vs. TEAM

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

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 transaction of $1,244,796.00.
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.
On Monday, December 15th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $158.92, for a total value of $1,218,121.80.
On Friday, December 12th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $162.11, for a total value of $1,242,573.15.
On Wednesday, December 10th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $161.79, for a total value of $1,240,120.35.
On Monday, December 8th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $160.70, for a total value of $1,231,765.50.
On Friday, December 5th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $160.48, for a total value of $1,230,079.20.
On Wednesday, December 3rd, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $155.08, for a total value of $1,188,688.20.
On Friday, November 28th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $150.12, for a total transaction of $1,150,669.80.
On Wednesday, November 26th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $148.29, for a total transaction of $1,136,642.85.

Atlassian Price Performance

TEAM stock opened at $162.39 on Wednesday. Atlassian Corporation PLC has a 52 week low of $139.70 and a 52 week high of $326.00. The firm has a market capitalization of $42.73 billion, a P/E ratio of -228.72, a price-to-earnings-growth ratio of 25.47 and a beta of 0.89. The company has a fifty day simple moving average of $157.58 and a two-hundred day simple moving average of $172.89. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72.

ISRG, TEAM, SFM Trade Well Below Highs With 30%+ Upside

Atlassian (NASDAQ:TEAM - Get Free Report) last announced its earnings results on Thursday, October 30th. The technology company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.21. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations 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 period in the prior year, the company earned $0.77 EPS. Analysts anticipate that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TEAM has been the topic of several recent research reports. Bank of America assumed coverage on Atlassian in a report on Tuesday, September 23rd. They set a "neutral" rating and a $200.00 price target on the stock. Wells Fargo & Company began coverage on shares of Atlassian in a research report on Tuesday, September 30th. They set an "overweight" rating and a $216.00 price objective on the stock. TD Cowen reduced their target price on shares of Atlassian from $220.00 to $205.00 and set a "hold" rating on the stock in a research note on Monday, October 27th. Cowen reaffirmed a "hold" rating on shares of Atlassian in a research note on Monday, October 27th. Finally, Truist Financial set a $210.00 price target on shares of Atlassian in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $239.23.

Atlassian: Upside Still in Play After Impressive Earnings Spike

Read Our Latest Analysis on TEAM

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TEAM. Capco Asset Management LLC purchased a new position in Atlassian in the 2nd quarter worth about $25,000. Physician Wealth Advisors Inc. increased its position in shares of Atlassian by 60.4% during the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company's stock worth $26,000 after acquiring an additional 61 shares during the period. Atlantic Union Bankshares Corp raised its stake in shares of Atlassian by 19,900.0% during the third quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company's stock valued at $32,000 after acquiring an additional 199 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Atlassian by 447.2% in the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company's stock valued at $42,000 after purchasing an additional 161 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Atlassian in the third quarter worth approximately $57,000. 94.45% of the stock is currently owned by institutional investors.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Wall Street analysts' consensus price targets point to about a 44.8% upside for TEAM, which supports a constructive medium‑term case if Atlassian meets growth and margin expectations. Wall Street Analysts See a 44.75% Upside in Atlassian (TEAM)
Neutral Sentiment: Zacks included Atlassian on a list of "top‑ranked stocks with rising P/E," signaling a potential re‑rating as earnings expectations change; this is informational and not an immediate catalyst. Bet on These 5 Top-Ranked Stocks With Rising P/E
Negative Sentiment: Insider selling: CEO Michael Cannon-Brookes and co‑founder/director Scott Farquhar each sold 7,665 shares on Dec. 19 at about $162.40 (roughly $1.24M each), reducing their stakes — these disclosures can pressure sentiment and suggest near‑term supply into the market. CEO Michael Cannon-Brookes SEC filing (Dec 19) Director Scott Farquhar SEC filing (Dec 19)
Negative Sentiment: More insider selling: both executives sold another 7,665 shares on Dec. 23 at ~ $161.30, further trimming holdings (to ~45,990 shares each). Multiple, sizable sales over a short period tend to weigh on investor confidence even if sales are for personal reasons. CEO Michael Cannon-Brookes SEC filing (Dec 23) Director Scott Farquhar SEC filing (Dec 23)

Atlassian Company Profile

(Get Free Report)

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.