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Director Farquhar Scott sold 7,665 shares of Atlassian Corp (NASDAQ:TEAM) Class A Common Stock on October 20, 2025, for approximately $1.2 million. The sales were executed in multiple transactions with prices ranging from $153.9865 to $159.0897. The software company, currently valued at $41.8 billion, maintains impressive gross profit margins of 83% despite not being profitable in the last twelve months. According to InvestingPro analysis, the stock is trading near its Fair Value.
The sales were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. Following the transactions, Farquhar Scott continues to indirectly own 383,250 shares of Atlassian Corp Class A Common Stock through Farquhar Investment Partnership No. 2. With the company’s next earnings report due on October 30 and revenue growing at 20%, investors can access comprehensive analysis and 8 additional key insights through InvestingPro’s detailed research report.
In other recent news, Atlassian Corporation has been actively involved in strategic acquisitions and analyst assessments. The company announced a definitive agreement to acquire DX, an engineering intelligence platform, for approximately $1 billion in cash and restricted stock. This acquisition is expected to help enterprises measure the effectiveness of their artificial intelligence investments. Additionally, Atlassian has also acquired The Browser Co. for $610 million, with both deals expected to close before the end of the year.
Analyst firms have responded to these developments with various ratings and price targets. Bernstein SocGen Group maintained its Outperform rating and $296 price target, citing recent acquisitions as a positive factor. Meanwhile, Wells Fargo initiated coverage on Atlassian with an Overweight rating and a price target of $216, highlighting potential in cloud migrations and artificial intelligence platforms. Mizuho also reiterated an Outperform rating with a price target of $235, noting the significance of the DX acquisition. These recent developments reflect Atlassian’s strategic moves and the positive outlook from several analyst firms.
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