Farquhar Scott, an insider at Atlassian Corp (TEAM), sold 117,000 shares of the company on December 8, 2025, at a price of $159.00 per share, resulting in a total transaction value of $18.60 million. Following this sale, Scott retains 117,000 shares in the company.
Atlassian Corp, headquartered in Sydney, Australia, operates in the technology sector and is known for its suite of team collaboration and productivity software. The company went public on December 10, 2015, and currently has a market capitalisation of $40.0 billion. Its primary products include Jira for project management, Confluence for content sharing, and Loom for video collaboration. The company employs 13,813 full-time staff and is set to report its upcoming earnings on January 30, 2026, with an estimated EPS of $1.17 and revenue of $1.6 billion.
Insider sales can occur for various reasons, such as diversification or personal financial needs. While significant selling activity may attract attention, it does not inherently indicate negative sentiment towards the company. Investors are advised to consider insider transactions as one data point among many, assessing patterns of activity across multiple insiders and timeframes rather than focusing on isolated events.