Atlassian Co. (NASDAQ:TEAM) Director Sells $1,675,517.88 in Stock

Posted by James Quigley on May 28th, 2025

Atlassian Co. (NASDAQ:TEAM – Get Free Report) Director Scott Farquhar sold 7,948 shares of the company’s stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $210.81, for a total transaction of $1,675,517.88. Following the transaction, the director now directly owns 63,584 shares of the company’s stock, valued at approximately $13,404,143.04. This represents a 11.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

On Friday, May 23rd, Scott Farquhar sold 7,948 shares of Atlassian stock. The shares were sold at an average price of $206.57, for a total transaction of $1,641,818.36.
On Monday, May 19th, Scott Farquhar sold 7,948 shares of Atlassian stock. The shares were sold at an average price of $214.92, for a total transaction of $1,708,184.16.
On Friday, May 16th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $221.41, for a total value of $1,759,766.68.
On Wednesday, May 14th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $225.44, for a total value of $1,791,797.12.
On Tuesday, May 6th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $206.80, for a total value of $1,643,646.40.
On Friday, May 2nd, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $211.30, for a total value of $1,679,412.40.
On Friday, April 25th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $229.11, for a total value of $1,820,966.28.
On Monday, April 14th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $202.19, for a total value of $1,607,006.12.
On Monday, April 7th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $185.61, for a total value of $1,475,228.28.
On Wednesday, March 26th, Scott Farquhar sold 7,948 shares of Atlassian stock. The stock was sold at an average price of $229.64, for a total value of $1,825,178.72.

Atlassian Stock Performance

Shares of TEAM traded up $1.95 during trading hours on Wednesday, reaching $213.03. 1,585,250 shares of the company’s stock traded hands, compared to its average volume of 2,111,667. The firm has a market capitalization of $55.92 billion, a price-to-earnings ratio of -158.98 and a beta of 1.06. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.24 and a quick ratio of 1.24. Atlassian Co. has a twelve month low of $135.29 and a twelve month high of $326.00. The business’s fifty day simple moving average is $212.07 and its two-hundred day simple moving average is $246.64.

Atlassian (NASDAQ:TEAM – Get Free Report) last announced its earnings results on Thursday, May 1st. The technology company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. Atlassian had a negative return on equity of 17.37% and a negative net margin of 7.22%. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter last year, the business posted $0.89 earnings per share. The company’s quarterly revenue was up 14.1% on a year-over-year basis. Analysts predict that Atlassian Co. will post -0.34 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Strs Ohio bought a new position in Atlassian during the first quarter valued at about $21,914,000. Diker Management LLC acquired a new position in shares of Atlassian in the 1st quarter valued at $849,000. Acadian Asset Management LLC boosted its position in shares of Atlassian by 68.9% in the 1st quarter. Acadian Asset Management LLC now owns 951,429 shares of the technology company’s stock valued at $201,875,000 after purchasing an additional 388,196 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Atlassian by 447.2% in the 1st 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, Belpointe Asset Management LLC boosted its position in shares of Atlassian by 12.2% in the 1st quarter. Belpointe Asset Management LLC now owns 4,306 shares of the technology company’s stock valued at $914,000 after purchasing an additional 468 shares during the period. Institutional investors own 94.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. UBS Group reduced their target price on Atlassian from $230.00 to $215.00 and set a “neutral” rating for the company in a research note on Friday, May 2nd. The Goldman Sachs Group increased their target price on Atlassian from $245.00 to $370.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Canaccord Genuity Group reduced their target price on Atlassian from $300.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, May 2nd. Barclays reduced their target price on Atlassian from $350.00 to $260.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. Finally, Baird R W upgraded Atlassian from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $285.29.

Get Our Latest 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.