Cannon-Brookes Michael, an insider at Atlassian Corp (TEAM), executed a sale of 78,020 shares on December 15, 2025, at a price of $161.84 per share. This transaction amounted to a total value of $12.63 million. Following this sale, Cannon-Brookes retains 78,020 shares of the company.
Atlassian Corp, headquartered in Sydney, New South Wales, 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 full-time staff and boasts a market capitalization of $42.0 billion. Its primary offerings include Jira for project management, Confluence for content sharing, and Loom for video collaboration.
Insider transactions are reported to the SEC, providing transparency regarding how company executives view their stock. While this sale represents one data point, it is essential for investors to consider broader patterns of insider activity across multiple insiders and time periods. Such decisions reflect various personal or regulatory reasons rather than definitive views on the company’s performance.
Atlassian is set to release its upcoming earnings report on January 30, 2026, with an estimated EPS of $1.17 and revenue expectations of $1.6 billion. Investors may find value in examining these figures alongside insider trading trends to gauge overall sentiment towards the company.