Insider Selling: Atlassian (NASDAQ:TEAM) CEO Sells $1,181,943.00 in Stock

Posted by ABMN Staff on Jan 9th, 2026

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) CEO Michael Cannon-Brookes sold 7,665 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $154.20, for a total transaction of $1,181,943.00. Following the sale, the chief executive officer owned 444,570 shares of the company’s stock, valued at approximately $68,552,694. This represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Michael Cannon-Brookes also recently made the following trade(s):

On Wednesday, January 7th, Michael Cannon-Brookes sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $161.11, for a total transaction of $1,234,908.15.
On Friday, January 2nd, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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, Michael Cannon-Brookes sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $162.53, for a total transaction of $1,245,792.45.
On Friday, December 19th, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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, Michael Cannon-Brookes 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.

Atlassian Stock Down 7.1%

Atlassian stock opened at $149.43 on Friday. Atlassian Corporation PLC has a one year low of $139.70 and a one year high of $326.00. The stock has a fifty day moving average of $157.37 and a 200 day moving average of $169.84. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a market cap of $39.32 billion, a PE ratio of -210.46, a price-to-earnings-growth ratio of 24.91 and a beta of 0.88.

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, topping the consensus estimate of $0.83 by $0.21. Atlassian had a negative return on equity of 7.11% and a negative net margin of 3.38%.The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the firm posted $0.77 earnings per share. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. As a group, sell-side analysts predict that Atlassian Corporation PLC will post -0.34 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on TEAM. Weiss Ratings reiterated a “sell (e+)” rating on shares of Atlassian in a research report on Wednesday, October 8th. Wall Street Zen upgraded Atlassian from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Canaccord Genuity Group reiterated a “buy” rating and set a $230.00 target price on shares of Atlassian in a research report on Wednesday, October 22nd. BTIG Research initiated coverage on Atlassian in a report on Tuesday, December 16th. They set a “buy” rating and a $220.00 price target for the company. Finally, TD Cowen reduced their price target on Atlassian from $220.00 to $205.00 and set a “hold” rating for the company in a research report on Monday, October 27th. 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.46.

View Our Latest Report on TEAM

Hedge Funds Weigh In On Atlassian

Several hedge funds have recently modified their holdings of TEAM. True Wealth Design LLC grew its stake in Atlassian by 230.4% during the fourth quarter. True Wealth Design LLC now owns 1,695 shares of the technology company’s stock valued at $275,000 after acquiring an additional 1,182 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Atlassian by 327.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,650 shares of the technology company’s stock valued at $17,595,000 after purchasing an additional 84,778 shares in the last quarter. NorthCrest Asset Manangement LLC increased its holdings in shares of Atlassian by 260.1% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 16,170 shares of the technology company’s stock worth $2,488,000 after purchasing an additional 11,680 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Atlassian by 17.3% in the fourth quarter. Nordea Investment Management AB now owns 846,483 shares of the technology company’s stock worth $137,774,000 after buying an additional 124,793 shares in the last quarter. Finally, Green Alpha Advisors LLC boosted its stake in Atlassian by 13.9% during the fourth quarter. Green Alpha Advisors LLC now owns 3,019 shares of the technology company’s stock valued at $490,000 after buying an additional 369 shares during the last quarter. Hedge funds and other institutional investors own 94.45% of the company’s stock.

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.