Cannon-Brookes Michael, an insider at Atlassian Corp (TEAM), sold 191,375 shares of the company on November 24, 2025, at a price of $147.20 per share. The total transaction value reached $28.17 million. Following this sale, Cannon-Brookes retains 191,375 shares in the company.
Atlassian Corp, headquartered in Sydney, is a leading provider of team collaboration and productivity software. The company, which went public on December 10, 2015, has a market capitalization of $38.6 billion and reported a trailing twelve-month earnings per share (EPS) of -0.70. Its primary products include Jira, Confluence, and Loom, which facilitate project management, content creation, and asynchronous video collaboration, respectively.
Insider transactions are reported to the SEC and can offer insights into executives' perspectives on their company’s stock. However, this sale does not inherently indicate negative sentiment towards Atlassian. Investors are encouraged to consider insider activity as part of a broader analysis that includes multiple data points and time periods.
Atlassian is scheduled to announce its next earnings report on January 30, 2026, with an EPS estimate of $1.17 and a revenue estimate of $1.6 billion.