Farquhar Scott, an insider at Atlassian Corp (TEAM), sold 268,275 shares of the company's stock at $160.27 per share on November 9, 2025. The transaction totaled approximately $43.00 million.
Following this sale, Scott retains 268,275 shares of Atlassian. Insider transactions are reported to the SEC, providing transparency into the actions of company executives. While such selling activity can reflect various personal or financial reasons, it does not inherently indicate negative sentiment towards the company.
Atlassian Corp, headquartered in Sydney, Australia, specializes in team collaboration and productivity software. The company, which went public on December 10, 2015, has a market capitalization of $41.7 billion. Its key products include Jira, Confluence, and Loom, among others. Atlassian is set to report its upcoming earnings on January 29, 2026, with an estimated EPS of $1.16 and revenue of $1.6 billion.
Investors are encouraged to consider insider activity patterns across multiple individuals and time periods, rather than focusing solely on isolated transactions.