Street Calls of the Week
Director Scott Farquhar of Atlassian Corp (NASDAQ:TEAM) sold 7,515 shares of Class A Common Stock on September 10, 2025. The sales were executed at prices ranging from $173.8601 to $181.8563, resulting in a total transaction value of $1,347,212. The software giant, currently valued at $46.49 billion, has demonstrated strong performance with impressive revenue growth of 19.66% and industry-leading gross margins of 82.84%. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025. Following the sales, Farquhar still indirectly owns 107,310 shares through Farquhar Investment Partnership No. 2. Want deeper insights into insider trading patterns and comprehensive financial analysis? InvestingPro offers exclusive access to detailed insider trading analysis and 10+ additional key insights for Atlassian Corp.
In other recent news, Atlassian Corporation reported its Q4 2025 earnings, exceeding expectations with an earnings per share of $0.98, compared to the forecasted $0.81. This represents a 20.99% surprise in earnings performance. In a strategic move, Atlassian announced the acquisition of The Browser Company of New York, known for its Dia and Arc browsers, in a $610 million cash deal. The acquisition includes The Browser Company’s cash holdings. Raymond James maintained its Outperform rating on Atlassian following this acquisition news, with a price target set at $250.00.
Cantor Fitzgerald reiterated its Overweight rating on Atlassian, highlighting the potential for transitioning Data Center customers to its cloud platform. The firm has set a price target of $240.00 for Atlassian. William Blair also maintained its Outperform rating, noting that Atlassian trades at a slight discount compared to its large-cap software peers. These developments reflect the company’s strategic initiatives and market positioning, as noted by the analyst firms.
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