Insider Selling: Atlassian (NASDAQ:TEAM) CRO Sells $174,271.50 in Stock

Posted by Brenda Bartman on May 23rd, 2026

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) CRO Brian Duffy sold 1,986 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $87.75, for a total transaction of $174,271.50. Following the completion of the sale, the executive directly owned 236,841 shares of the company’s stock, valued at $20,782,797.75. The trade was a 0.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brian Duffy also recently made the following trade(s):

On Thursday, February 19th, Brian Duffy sold 1,222 shares of Atlassian stock. The shares were sold at an average price of $81.35, for a total transaction of $99,409.70.

Atlassian Stock Up 3.9%

TEAM stock opened at $85.42 on Friday. Atlassian Corporation PLC has a 52 week low of $56.01 and a 52 week high of $222.59. The company has a market capitalization of $21.68 billion, a price-to-earnings ratio of -102.92, a price-to-earnings-growth ratio of 4.66 and a beta of 0.90. The firm’s 50-day moving average is $73.81 and its two-hundred day moving average is $110.68. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.13.

Atlassian (NASDAQ:TEAM – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.42. Atlassian had a negative net margin of 3.50% and a positive return on equity of 6.22%. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same period last year, the firm posted $0.97 earnings per share. The business’s revenue was up 31.7% on a year-over-year basis. On average, analysts forecast that Atlassian Corporation PLC will post 0.81 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Atlassian

Hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in Atlassian during the 1st quarter worth about $30,000. Ariadne Wealth Management LP acquired a new position in shares of Atlassian in the first quarter worth about $202,000. Oddo BHF Asset Management Sas boosted its holdings in shares of Atlassian by 171.3% in the first quarter. Oddo BHF Asset Management Sas now owns 289,808 shares of the technology company’s stock worth $19,779,000 after buying an additional 182,973 shares during the period. Bull Harbor Capital LLC purchased a new position in shares of Atlassian in the first quarter worth approximately $614,000. Finally, Quantinno Capital Management LP raised its holdings in shares of Atlassian by 947.7% during the first quarter. Quantinno Capital Management LP now owns 283,427 shares of the technology company’s stock valued at $19,344,000 after acquiring an additional 256,374 shares during the period. Institutional investors and hedge funds own 94.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. BMO Capital Markets decreased their target price on Atlassian from $130.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Zacks Research raised shares of Atlassian from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Mizuho reduced their price objective on shares of Atlassian from $185.00 to $145.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. KeyCorp lowered their price objective on shares of Atlassian from $170.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Jefferies Financial Group set a $150.00 target price on shares of Atlassian in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $145.63.

View Our Latest Stock Analysis on TEAM

About Atlassian

(Get Free Report)

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.