Cannon-Brookes Michael, an insider at Atlassian Corp (TEAM), sold 154,090 shares of the company's stock on December 1, 2025. The shares were sold at a price of $154.07 each, bringing the total transaction value to $23.74 million. Following this sale, Cannon-Brookes retains 154,090 shares of Atlassian.
Atlassian Corp, headquartered in Sydney, Australia, specializes in team collaboration and productivity software. The company has a market capitalization of $40.0 billion and reported an earnings per share (EPS) of -0.70 for the trailing twelve months. Its primary products include Jira, Confluence, and Loom, which facilitate project management and team communication.
Insider transactions provide insights into executive sentiment regarding company stock. However, such sales can stem from various personal reasons, including diversification or tax planning, and should not solely dictate investment decisions. Investors are encouraged to consider broader patterns of insider activity across multiple executives for a more comprehensive analysis.
Atlassian is scheduled to report its upcoming earnings on January 30, 2026, with an EPS estimate of $1.17 and revenue expectations of $1.6 billion.