Cannon-Brookes Michael, an insider at Atlassian Corp (TEAM), sold 15,447 shares on December 28, 2025, at a price of $163.94 per share, totaling $2.53 million. Following this transaction, Cannon-Brookes retains 15,447 shares of the company.
Atlassian Corp, headquartered in Sydney, Australia, is a technology holding company that provides team collaboration and productivity software. The company employs 13,813 full-time staff and went public on December 10, 2015. Its primary offerings include Jira for project management, Confluence for content creation, and Loom for video collaboration, among others. The company's market capitalization stands at $42.6 billion, with a trailing twelve-month EPS of -0.70. Upcoming earnings are scheduled for January 30, 2026, with an estimated EPS of $1.17 and revenue of $1.6 billion.
Insider transactions, such as this sale, must be reported to the SEC, providing transparency into executives' views on their stock. However, such activity should not be the sole factor in investment decisions, as personal or regulatory reasons often drive these transactions. Investors are encouraged to analyze patterns of insider activity across multiple insiders and time periods for a more comprehensive perspective.