Farquhar Scott, an insider at Atlassian Corp (TEAM), sold 118,759 shares of the company's stock on December 8, 2025, at a price of $161.31 per share. The total value of the transaction reached $19.16 million. Following this sale, Scott retains 118,759 shares in the company.
Atlassian, headquartered in Sydney, Australia, offers team collaboration and productivity software. The company employs 13,813 full-time staff and has a market capitalization of $40.0 billion. Its primary products include Jira for project management, Confluence for content sharing, and Loom for video collaboration. Atlassian went public on December 10, 2015, and reports an EPS of -0.70.
This transaction adds to the broader context of insider trading, which can occur for various reasons, such as diversification or personal financial needs. While large sales may attract attention, they do not inherently indicate negative sentiment toward the company. Investors should consider insider activity as one of many factors when evaluating company performance.
Atlassian is scheduled to report earnings on January 30, 2026, with an EPS estimate of $1.17 and revenue expectations of $1.6 billion.