Farquhar Scott, an insider at Atlassian Corp (TEAM), executed a significant stock sale on November 24, 2025, liquidating 188,962 shares at a price of $150.71 each. The total value of this transaction reached $28.48 million. Following this sale, Scott retains an equal number of shares in the company.
Atlassian Corp, a leader in the technology sector, specializes in team collaboration and productivity software. The company, headquartered in Sydney, New South Wales, 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. Atlassian's comprehensive platform integrates various tools and workflows to enhance team connectivity and productivity.
Insider transactions, such as this sale by Scott, are reported to the SEC, providing a window into executive actions regarding company stock. While insider selling can stem from various personal or financial reasons, it does not inherently reflect negative sentiment towards the company. Investors are encouraged to consider broader patterns of insider activity and other market indicators when assessing such transactions.
Atlassian has a market capitalization of $38.6 billion and reported an EPS of -0.70. The company is set to announce its upcoming earnings on January 30, 2026, with estimates of $1.17 EPS and $1.6 billion in revenue.