Cannon-Brookes Michael, an insider at Atlassian Corp (TEAM), sold 15,330 shares of the company stock on December 28, 2025, at a price of $164.60 per share, resulting in a total transaction value of $2.52 million. Following this transaction, he retains 15,330 shares of Atlassian.
Atlassian Corp, headquartered in Sydney, Australia, is a holding company that provides team collaboration and productivity software. The company employs 13,813 full-time staff and has a market capitalisation of $42.6 billion. Its primary products include Jira for project management, Confluence for content creation, and Loom for video collaboration. The company went public on December 10, 2015, and is known for its comprehensive data model, the Teamwork Graph, which integrates data across its various products.
Insider selling can occur for numerous reasons, such as diversification or personal financial needs. While significant selling patterns may attract investor attention, routine transactions do not necessarily reflect negative sentiment toward the company. Investors are advised to consider insider activity within the broader context of multiple transactions and fundamental factors.
Atlassian is set to report its upcoming earnings on January 30, 2026, with an estimated EPS of $1.17 and revenue expectations of $1.6 billion. Such financial metrics provide further context for assessing the company's performance and insider actions.