Insider Selling: Atlassian Corporation PLC (NASDAQ:TEAM) Director Sells 7,665 Shares of Stock

Posted by MarketBeat News on Jul 6th, 2025

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $213.97, for a total value of $1,640,080.05. Following the sale, the director owned 467,565 shares of the company’s stock, valued at $100,044,883.05. This trade represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

On Monday, June 30th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $203.16, for a total value of $1,557,221.40.
On Friday, June 27th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $203.66, for a total value of $1,561,053.90.
On Wednesday, June 25th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $199.71, for a total value of $1,530,777.15.
On Monday, June 23rd, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $192.68, for a total value of $1,476,892.20.
On Friday, June 20th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $192.44, for a total value of $1,475,052.60.
On Wednesday, June 18th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $196.44, for a total value of $1,505,712.60.
On Monday, June 16th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $200.68, for a total value of $1,538,212.20.
On Thursday, June 12th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $199.55, for a total value of $1,529,550.75.
On Monday, June 9th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $215.23, for a total value of $1,649,737.95.
On Friday, June 6th, Scott Farquhar sold 7,948 shares of Atlassian stock. The shares were sold at an average price of $216.09, for a total value of $1,717,483.32.

Atlassian Stock Up 3.2%

TEAM stock opened at $213.43 on Friday. Atlassian Corporation PLC has a 1-year low of $135.29 and a 1-year high of $326.00. The business has a fifty day moving average price of $209.58 and a 200-day moving average price of $235.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market capitalization of $56.03 billion, a P/E ratio of -128.57 and a beta of 0.94.

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Atlassian (NASDAQ:TEAM – Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The technology company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Atlassian had a negative return on equity of 23.41% and a negative net margin of 8.66%. Atlassian’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 earnings per share. Equities analysts forecast that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Institutional Trading of Atlassian

A number of hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in Atlassian by 7.1% during the fourth quarter. Principal Financial Group Inc. now owns 11,531 shares of the technology company’s stock valued at $2,806,000 after purchasing an additional 761 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Atlassian by 23.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 2,192 shares of the technology company’s stock worth $533,000 after buying an additional 421 shares in the last quarter. SVB Wealth LLC purchased a new stake in Atlassian during the fourth quarter valued at approximately $490,000. Smartleaf Asset Management LLC raised its position in Atlassian by 52.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 642 shares of the technology company’s stock valued at $159,000 after purchasing an additional 222 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Atlassian by 51.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,227 shares of the technology company’s stock valued at $299,000 after purchasing an additional 417 shares during the period. Hedge funds and other institutional investors own 94.45% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on TEAM. Macquarie decreased their price objective on Atlassian from $270.00 to $250.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Morgan Stanley cut their price objective on Atlassian from $370.00 to $320.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. BMO Capital Markets cut their price objective on Atlassian from $295.00 to $245.00 and set an “outperform” rating on the stock in a research report on Friday, May 2nd. Baird R W upgraded Atlassian from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, Cantor Fitzgerald upgraded Atlassian from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $304.00 to $272.00 in a research report on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $282.19.

Get Our Latest Stock Analysis on TEAM

Atlassian Company Profile

(Get Free Report)

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.