Brian Duffy Sells 1,851 Shares of Atlassian (NASDAQ:TEAM) Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CRO Brian Duffy sold 1,851 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $172.45, for a total value of $319,204.95. Following the completion of the transaction, the executive owned 218,223 shares in the company, valued at $37,632,556.35. The trade was a 0.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brian Duffy also recently made the following trade(s):

• On Friday, August 14th, Brian Duffy sold 7,617 shares of Atlassian stock. The stock was sold at an average price of $163.00, for a total transaction of $1,241,571.00.
• On Friday, June 12th, Brian Duffy sold 3,000 shares of Atlassian stock. The stock was sold at an average price of $89.71, for a total transaction of $269,130.00.
• On Thursday, June 11th, Brian Duffy sold 1,432 shares of Atlassian stock. The shares were sold at an average price of $88.79, for a total transaction of $127,147.28.
• On Wednesday, June 10th, Brian Duffy sold 1,813 shares of Atlassian stock. The shares were sold at an average price of $92.79, for a total transaction of $168,228.27.
• On Tuesday, June 9th, Brian Duffy sold 1,454 shares of Atlassian stock. The shares were sold at an average price of $95.35, for a total transaction of $138,638.90.
• On Monday, June 8th, Brian Duffy sold 1,451 shares of Atlassian stock. The stock was sold at an average price of $98.03, for a total transaction of $142,241.53.

Atlassian Stock Performance

NASDAQ TEAM opened at $171.81 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.70 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $43.60 billion, a price-to-earnings ratio of -904.26, a P/E/G ratio of 13.74 and a beta of 1.05. The firm’s 50 day simple moving average is $105.84 and its 200 day simple moving average is $89.49. Atlassian Corporation PLC has a 1 year low of $56.01 and a 1 year high of $184.00.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings data on Friday, August 7th. The technology company reported $1.87 EPS for the quarter, beating the consensus estimate of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the business earned $0.98 earnings per share. The company’s revenue was up 27.6% on a year-over-year basis. As a group, research analysts expect that Atlassian Corporation PLC will post 0.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Atlassian

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MV Capital Management Inc. acquired a new stake in Atlassian during the 4th quarter worth approximately $25,000. Geneos Wealth Management Inc. grew its holdings in Atlassian by 447.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock worth $42,000 after acquiring an additional 161 shares during the period. Basepoint Wealth LLC acquired a new stake in Atlassian during the fourth quarter worth approximately $32,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Atlassian during the 4th quarter worth approximately $32,000. Finally, Bogart Wealth LLC increased its stake in Atlassian by 76.4% in the fourth quarter. Bogart Wealth LLC now owns 217 shares of the technology company’s stock valued at $35,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 94.45% of the company’s stock.

Analyst Ratings Changes

TEAM has been the subject of several recent analyst reports. Raymond James Financial set a $180.00 price objective on Atlassian in a research report on Friday, August 7th. Citizens Jmp reiterated a “market perform” rating on shares of Atlassian in a research report on Wednesday, July 1st. Robert W. Baird set a $200.00 target price on Atlassian in a research note on Friday, August 7th. Wells Fargo & Company increased their target price on shares of Atlassian from $140.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Atlassian in a research note on Friday, July 17th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Atlassian currently has an average rating of “Moderate Buy” and an average price target of $177.23.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
• Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
• Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
• Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
• Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

Atlassian Company Profile

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.