Robinhood reports August 2025 customer and trading metrics
Director Scott Farquhar, a director at Atlassian Corp (NASDAQ:TEAM), sold 7,665 shares of Class A Common Stock on September 8, 2025, for a total value of $1,315,263. The sale comes as Atlassian, currently valued at $47.8 billion, has seen its stock decline 23.65% over the past six months. According to InvestingPro data, the company maintains impressive gross profit margins of 83%.
The sales were executed in three separate transactions. The prices for these transactions ranged from $170.386 to $172.1602.
Specifically, 3,701 shares were sold at a weighted average price of $172.1602, 3,184 shares were sold at a weighted average price of $171.2305, and 780 shares were sold at a weighted average price of $170.386.
Following these transactions, Farquhar Investment Partnership No. 2 indirectly holds 122,640 shares.
The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on February 12, 2025.
In other recent news, Atlassian Corporation reported its Q4 2025 earnings, exceeding expectations with an earnings per share (EPS) of $0.98, compared to the forecasted $0.81. The company also announced a definitive agreement to acquire The Browser Company of New York for $610 million in cash, including the latter’s cash holdings. This acquisition is expected to enhance Atlassian’s offerings, with Raymond James maintaining an Outperform rating and a $250.00 price target following the announcement. Additionally, Cantor Fitzgerald reiterated its Overweight rating and set a $240.00 price target, highlighting Atlassian’s potential to transition Data Center customers to its cloud platform.
William Blair also maintained its Outperform rating, emphasizing that Atlassian trades at a slight discount compared to large-cap software peers. The firm noted the company’s valuation at 24.5 times its 2026 free cash flow estimate and approximately 6.6 times its 2026 revenue estimate. These recent developments reflect continued confidence from analysts despite broader market volatility. Atlassian’s strategic moves and financial performance are closely watched by investors as the company navigates the evolving software landscape.
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