Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Director and 10% Owner of Atlassian Corp (NASDAQ:TEAM), Scott Farquhar, sold 7,665 shares of Class A Common Stock on July 16, 2025, according to a recent SEC Form 4 filing. The sales, executed under a Rule 10b5-1 trading plan, resulted in a total value of $1,451,517. The company, currently valued at $50 billion, maintains impressive gross profit margins of 82.3% according to InvestingPro data.
The transactions were executed in multiple trades at prices ranging from $187.1344 to $190.838 per share. Based on InvestingPro’s Fair Value analysis, the stock appears fairly valued at current levels.
Following the reported transactions, Farquhar Investment Partnership No. 2, now indirectly holds 406,245 shares of Atlassian Corp Class A Common Stock. With earnings scheduled for August 7, 2025, investors can access comprehensive analysis and additional insights through InvestingPro’s detailed research reports.
In other recent news, Atlassian Corporation’s financial outlook has been a focal point for analysts and investors. Moody’s Ratings upgraded Atlassian’s senior unsecured notes to Baa2, noting expectations for a 20% or more revenue growth over the next 12 to 24 months, driven by cloud subscription increases. This upgrade reflects confidence in Atlassian’s strong business execution and conservative financial policies. Meanwhile, Bernstein reiterated an Outperform rating with a $310.00 price target, highlighting investor debates on Atlassian’s fiscal year 2026 guidance and potential growth exceeding 20%. Capital One (NYSE:COF), however, downgraded Atlassian to Equal-weight, citing concerns over AI competition and potential seat growth risks. Cantor Fitzgerald adjusted its price target to $256, maintaining an Overweight rating, after noting a shortfall in multi-year Data Center deals in the third quarter. Stephens also revised its price target to $221, maintaining an Equal Weight rating, reflecting a cautious approach amid high market expectations. These developments underscore varied analyst perspectives on Atlassian’s future performance and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.