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Director Scott Farquhar, a ten percent owner in Atlassian Corp (NASDAQ:TEAM), sold 7,665 shares of Class A Common Stock on July 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed at prices ranging from $200.572 to $203.4097, resulting in a total transaction value of $1,552,552. The stock, which has declined 26% over the past six months, currently trades near its InvestingPro Fair Value despite impressive gross profit margins of 82%.
The reported transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. Following the sales, Farquhar still indirectly owns 352,590 shares of Atlassian through Farquhar Investment Partnership No. 2. With analysts forecasting profitability this year and the company maintaining moderate debt levels, InvestingPro offers deeper insights into insider trading patterns and 8 additional key tips for TEAM stock.
In other recent news, Atlassian Corporation has been the focus of multiple analyst evaluations and financial developments. Following its third-quarter fiscal year 2025 results, Cantor Fitzgerald adjusted its price target for Atlassian to $256, citing a stronger-than-expected free cash flow but noting a shortfall in billings due to fewer multi-year Data Center deals. Stephens also revised Atlassian’s stock price target to $221, maintaining an Equal Weight rating and highlighting that the company’s performance fell short of high market expectations. Meanwhile, Moody’s upgraded Atlassian’s senior unsecured notes to Baa2, reflecting confidence in the company’s potential revenue growth, particularly in cloud subscriptions, and a stable financial outlook.
On the analyst front, Capital One (NYSE:COF) downgraded Atlassian from Overweight to Equal-weight, pointing to challenges in valuation and competition in AI. In contrast, Bernstein reiterated an Outperform rating with a $310 price target, despite ongoing investor debate regarding Atlassian’s guidance. These developments underscore a mixed analyst perspective on Atlassian’s financial health and market position. The company continues to navigate the complexities of its business environment while maintaining steady growth in certain areas.
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