Farquhar Scott, an insider at Atlassian Corp (TEAM), sold 266,111 shares of the company's stock on November 10, 2025, at a price of $160.10 per share, totaling $42.60 million. Following this transaction, Scott retains 266,111 shares in the company.
Atlassian, headquartered in Sydney, is a prominent player in the technology sector, specializing in team collaboration and productivity software. The company, which went public on December 10, 2015, employs 13,813 individuals and boasts a market capitalization of $41.1 billion. Its suite of products includes Jira for project management, Confluence for content sharing, and Loom for video collaboration, among others.
Insider selling can occur for various reasons, including diversification, tax planning, or personal financial needs. While significant selling patterns can attract attention, routine transactions by insiders do not necessarily reflect negative sentiment toward the company. Investors are encouraged to consider insider activities in the context of broader market and company fundamentals rather than as standalone indicators.
Insider transactions are reported to the SEC, providing transparency into the actions of company executives and board members. However, such activities should be viewed alongside other factors. Patterns of insider trading across multiple individuals and time periods can offer more comprehensive insights into company sentiment.
Atlassian's upcoming earnings report is scheduled for January 29, 2026, with an estimated EPS of $1.16 and projected revenue of $1.6 billion.