Key Points
- Scott Farquhar sold 7,665 shares of Atlassian on Jan. 5 at an average price of $154.20 for $1.18M, leaving him with 452,235 shares (a ~1.67% reduction); the trade was disclosed in an SEC filing.
- Founders—including Farquhar and CEO Michael Cannon‑Brookes—conducted multiple, consecutive sales of identical 7,665‑share blocks across late December and early January (prices roughly $162–$154), a pattern that may weigh on investor sentiment.
- Atlassian shares opened near $158.36 (up ~2.9%), the company has a $41.7B market cap and recent results showed a revenue beat with 20.6% y/y growth despite negative margins; analysts’ consensus is a “Moderate Buy” with a mean target around $238.46.
Atlassian Corporation PLC (NASDAQ:TEAM - Get Free Report) Director Scott Farquhar sold 7,665 shares of Atlassian stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $154.20, for a total value of $1,181,943.00. Following the transaction, the director directly owned 452,235 shares in the company, valued at approximately $69,734,637. This trade represents a 1.67% decrease in their position. The transaction was disclosed in a 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 2nd, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $156.15, for a total transaction 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 transaction 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 shares were 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 stock was sold at an average price of $163.16, for a total value 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 stock was sold at an average price of $161.79, for a total value of $1,240,120.35.
Atlassian Stock Up 2.9%
Shares of Atlassian stock opened at $158.36 on Wednesday. The firm has a market cap of $41.67 billion, a price-to-earnings ratio of -223.04, a P/E/G ratio of 23.83 and a beta of 0.88. 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 52-week low of $139.70 and a 52-week high of $326.00. The stock has a 50-day simple moving average of $157.56 and a 200-day simple moving average of $170.05.
Atlassian (NASDAQ:TEAM - Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.21. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Atlassian had a negative return on equity of 7.11% and a negative net margin of 3.38%.The firm's revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 earnings per share. On average, equities research analysts expect that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Atlassian
Institutional investors have recently made changes to their positions in the business. Board of the Pension Protection Fund acquired a new position in shares of Atlassian during the 4th quarter worth about $32,000. GAMMA Investing LLC grew its holdings in Atlassian by 12.0% in the 4th quarter. GAMMA Investing LLC now owns 615 shares of the technology company's stock valued at $100,000 after buying an additional 66 shares during the last quarter. Allworth Financial LP increased its position in Atlassian by 21.6% in the 3rd quarter. Allworth Financial LP now owns 3,161 shares of the technology company's stock worth $505,000 after buying an additional 561 shares during the period. IFP Advisors Inc lifted its holdings in shares of Atlassian by 624.6% during the third quarter. IFP Advisors Inc now owns 5,174 shares of the technology company's stock worth $826,000 after buying an additional 4,460 shares during the last quarter. Finally, Swiss Life Asset Management Ltd lifted its holdings in shares of Atlassian by 14.7% during the third quarter. Swiss Life Asset Management Ltd now owns 27,397 shares of the technology company's stock worth $4,375,000 after buying an additional 3,505 shares during the last quarter. 94.45% of the stock is currently owned by institutional investors.
Key Atlassian News
Here are the key news stories impacting Atlassian this week:
- Positive Sentiment: Atlassian-branded motorsports deals boost visibility — Atlassian is tied to new F1-related marketing: a dashmoto partnership announced at CES 2026 and the Atlassian Williams F1 Team livery launch set for Feb. 3. These raise brand awareness and customer/enterprise marketing exposure (limited near-term revenue impact, but positive for sentiment). dashmoto Announces Groundbreaking Partnership with Atlassian Williams F1 Team, at CES 2026 Atlassian Williams F1 Team to launch FW48 livery on 3rd February
- Neutral Sentiment: Analyst and institutional backdrop is mixed but not extreme — the consensus remains a “Moderate Buy” with a mean target around $238. Analysts have issued both upgrades and cuts in recent months; institutional ownership remains high with only modest portfolio tweaks reported. This provides a neutral-to-supportive context but no immediate catalyst. Analyst coverage and consensus context
- Negative Sentiment: Repeated insider sales from founders/CEO — CEO Michael Cannon‑Brookes and co‑founder Scott Farquhar each sold blocks of 7,665 shares across late December and early January (transactions at roughly $162–$154). Each sale reduced their holdings by ~1.6–1.7%; the filings are disclosed with the SEC. Multiple, consecutive sales by top insiders can weigh on investor sentiment even if executed under pre-set plans. SEC filing (example)
- Negative Sentiment: Piper Sandler trimmed its price target — Piper Sandler lowered its TEAM target from $300 to $280. A downward revision from a coverage firm can put near‑term pressure on the stock even though the target remains above current trade levels. Atlassian price target lowered to $280 from $300 at Piper Sandler
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on TEAM shares. Robert W. Baird set a $230.00 price objective on shares of Atlassian in a research note on Friday, October 31st. Sanford C. Bernstein raised their target price on Atlassian from $290.00 to $304.00 and gave the company an "outperform" rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Atlassian in a research report on Wednesday, October 8th. Cantor Fitzgerald reissued an "overweight" rating and set a $240.00 price objective on shares of Atlassian in a report on Friday, October 31st. Finally, Wells Fargo & Company began coverage on Atlassian in a report on Tuesday, September 30th. They issued an "overweight" rating and a $216.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Atlassian presently has a consensus rating of "Moderate Buy" and a consensus price target of $238.46.
View Our Latest Research Report on TEAM
About Atlassian
(
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.
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