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

Posted by Don Miller on Feb 6th, 2026

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $105.14, for a total value of $805,898.10. Following the sale, the director owned 291,270 shares of the company’s stock, valued at $30,624,127.80. This represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $116.40, for a total value of $892,206.00.
On Friday, January 30th, Scott Farquhar sold 7,665 shares of Atlassian stock. The stock was sold at an average price of $119.15, for a total transaction of $913,284.75.
On Wednesday, January 28th, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were 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 stock was sold at an average price of $136.93, for a total transaction of $1,049,568.45.
On Thursday, January 22nd, Scott Farquhar sold 7,665 shares of Atlassian stock. The shares were 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 value 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.

Atlassian Stock Performance

Shares of NASDAQ:TEAM opened at $99.30 on Friday. The business’s 50-day simple moving average is $145.60 and its 200 day simple moving average is $159.15. The company has a market cap of $26.13 billion, a P/E ratio of -141.70, a PEG ratio of 16.27 and a beta of 0.88. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. Atlassian Corporation PLC has a one year low of $96.99 and a one year high of $326.00.

Atlassian News Roundup

Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Q2 beat on top and bottom lines: Atlassian reported $1.22 EPS vs. $1.12 expected and revenue of $1.59B (vs. $1.54B est.), showing 23.3% revenue growth year-over-year — a near-term fundamental positive for revenue momentum. Earnings/Press Release
Positive Sentiment: Management raised its fiscal 2026 revenue forecast, citing resilient enterprise software spending and accelerating AI adoption — this upward guidance supports longer-term revenue expectations. Reuters: Revenue Forecast Raised
Positive Sentiment: Company highlights record cloud revenue and a target of 20%+ annual revenue growth through FY27, driven in part by AI integrations and expanding enterprise customers — a strategic positive if execution continues. Seeking Alpha: Growth Target
Neutral Sentiment: Analysts trimmed price targets but kept favorable ratings: Morgan Stanley cut its target to $290 (still “overweight”), Mizuho lowered to $205 (“outperform”), and BTIG cut to $140 (“buy”) — these moves reduce near-term upside expectations but maintain positive analyst bias. Benzinga: Analyst Target Changes
Negative Sentiment: Cantor Fitzgerald sharply cut its price target to $146; along with broader sector AI worries, this adds downward pressure on sentiment. Cantor Fitzgerald Target Cut
Negative Sentiment: Insider selling by co-founders (disclosed sales of 7,665 shares each by Scott Farquhar and Michael Cannon-Brookes) has been flagged by the market as a negative catalyst. SEC Filing: Insider Sales
Negative Sentiment: Market reaction: coverage noting that shares dipped despite the beat as investors worry cloud growth may slow and AI competition/feature releases elsewhere increase sector volatility. Investing.com: Shares Dip

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of Atlassian by 71.6% in the 1st quarter. NewEdge Advisors LLC now owns 5,432 shares of the technology company’s stock valued at $1,153,000 after acquiring an additional 2,267 shares during the last quarter. Empowered Funds LLC boosted its holdings in Atlassian by 39.5% in the first quarter. Empowered Funds LLC now owns 4,689 shares of the technology company’s stock worth $995,000 after purchasing an additional 1,328 shares during the period. Focus Partners Wealth boosted its holdings in Atlassian by 32.6% in the first quarter. Focus Partners Wealth now owns 4,122 shares of the technology company’s stock worth $875,000 after purchasing an additional 1,014 shares during the period. Geneos Wealth Management Inc. increased its stake in Atlassian by 447.2% during the first 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 last quarter. Finally, Sivia Capital Partners LLC raised its holdings in shares of Atlassian by 27.5% during the second quarter. Sivia Capital Partners LLC now owns 1,873 shares of the technology company’s stock worth $380,000 after purchasing an additional 404 shares during the period. Institutional investors own 94.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TEAM shares. Mizuho lowered their price target on shares of Atlassian from $225.00 to $205.00 and set an “outperform” rating for the company in a report on Friday. Wells Fargo & Company restated an “overweight” rating and set a $155.00 target price on shares of Atlassian in a research note on Friday. Canaccord Genuity Group set a $185.00 target price on Atlassian in a research report on Friday. UBS Group reissued a “neutral” rating and issued a $105.00 price target on shares of Atlassian in a report on Friday. Finally, KeyCorp restated an “overweight” rating and set a $170.00 price objective on shares of Atlassian in a report on Friday. Twenty investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Atlassian presently has an average rating of “Moderate Buy” and an average price target of $194.12.

Read Our Latest Research Report on Atlassian

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.