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

Atlassian Corporation PLC (NASDAQ:TEAM) Director Scott Farquhar sold 7,665 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $119.15, for a total value of $913,284.75. Following the transaction, the director owned 314,265 shares of the company’s stock, valued at approximately $37,444,674.75. The trade was a 2.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, February 2nd, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $116.40, for a total transaction of $892,206.00.
• On Wednesday, January 28th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $135.44, for a total transaction of $1,038,147.60.
• On Monday, January 26th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $136.93, for a total value of $1,049,568.45.
• On Thursday, January 22nd, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $126.11, for a total transaction of $966,633.15.
• On Tuesday, January 20th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $118.19, for a total transaction of $905,926.35.
• On Friday, January 16th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $120.82, for a total value of $926,085.30.
• On Wednesday, January 14th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were sold at an average price of $133.66, for a total value of $1,024,503.90.
• On Monday, January 12th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $147.15, for a total transaction of $1,127,904.75.
• 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 shares were sold at an average price of $161.11, for a total value of $1,234,908.15.

Atlassian Price Performance

Shares of TEAM stock opened at $105.00 on Wednesday. The firm has a market capitalization of $27.63 billion, a price-to-earnings ratio of -147.89, a PEG ratio of 17.61 and a beta of 0.88. Atlassian Corporation PLC has a fifty-two week low of $100.92 and a fifty-two week high of $326.00. 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’s 50-day simple moving average is $147.45 and its 200-day simple moving average is $159.96.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian announced a multi‑year partnership that integrates Anthropic’s Claude as the Atlassian Williams F1 Team’s “Official Thinking Partner,” raising the company’s profile in frontier AI integrations and offering potential product/commercial tie‑ins. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst previews (Zacks) expect Q2 to benefit from continued cloud adoption, AI tooling and steady demand for Jira/Confluence — fundamental drivers that could support revenue and limit downside at upcoming earnings. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Positive Sentiment: Some outlets and analysts highlight large upside potential for Atlassian tied to AI adoption trends — a positive thematic signal that could support a recovery if execution and guidance match expectations. Software Bear Market: 2 AI Stocks to Buy…
• Neutral Sentiment: Marketing/PR items tied to the Williams F1 sponsorship (new livery, ads) increase brand visibility but are unlikely to move fundamentals on their own. Atlassian Williams F1 Team reveals bold new racing livery for 2026
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical datapoint that currently appears immaterial to near‑term price pressure.
• Negative Sentiment: CEO Michael Cannon‑Brookes sold 7,665 shares (late Jan/early Feb), reducing his stake ~2.4%; repeated insider sales from top executives can weigh on investor sentiment even if proceeds are for diversification. SEC filing — CEO sale
• Negative Sentiment: Director/co‑founder Scott Farquhar sold an identical block of 7,665 shares on the same dates, amplifying concerns about insider conviction and contributing to near‑term selling pressure. SEC filing — Director sale

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Atlassian from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Mizuho dropped their price target on shares of Atlassian from $245.00 to $225.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. UBS Group set a $145.00 target price on shares of Atlassian in a research note on Tuesday, January 27th. Truist Financial set a $210.00 price objective on Atlassian in a research report on Friday, October 31st. Finally, KeyCorp cut their target price on shares of Atlassian from $250.00 to $210.00 and set an “overweight” rating for the company in a research note on Thursday, October 23rd. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Atlassian presently has an average rating of “Moderate Buy” and an average price target of $227.60.

Institutional Investors Weigh In On Atlassian

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capco Asset Management LLC purchased a new position in Atlassian during the second 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 increased its holdings in Atlassian by 19,900.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company’s stock worth $32,000 after purchasing an additional 199 shares during the period. Board of the Pension Protection Fund acquired a new stake in Atlassian in the fourth quarter valued at approximately $32,000. Finally, Bogart Wealth LLC grew its holdings in Atlassian by 76.4% during the 4th quarter. Bogart Wealth LLC now owns 217 shares of the technology company’s stock worth $35,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

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.