The CEO of Atlassian Co. sold 8,614 shares of the company’s stock

In a transaction that took place Monday, Dec. 5, the CEO of Atlassian Co. Scott Farquhar sold 8,614 shares of the company’s stock. The shares were sold at an average price of $135.68 for a total transaction of $1,168,747.52. After the transaction was completed, the CEO now directly owns 155,052 shares of the company’s stock worth about $21,037,455.36.

The Atlassian family of products is one of the most modern and popular software development and support tools for companies of all sizes (from startups to large corporations). Atlassian tools allow teams to work together more efficiently and “smarter”.

Key tools include:

• Jira Software – a task and project management system.
• Confluence – a knowledge base and collaboration space.
• Jira Service Desk – a solution for organizing helpdesk work.
• Bitbucket – source code collaboration system.

Atlassian Corporation (TEAM) is one of the top ten companies that specialize in SaaS marketing.