Atlassian Corporation PLC $TEAM Stock Holdings Increased by Ossiam

Ossiam grew its holdings in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 7.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 203,183 shares of the technology company’s stock after acquiring an additional 13,310 shares during the quarter. Ossiam’s holdings in Atlassian were worth $32,448,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of TEAM. Physician Wealth Advisors Inc. boosted its position in Atlassian by 60.4% in the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. Snowden Capital Advisors LLC increased its holdings in shares of Atlassian by 1.6% during the second quarter. Snowden Capital Advisors LLC now owns 4,464 shares of the technology company’s stock worth $907,000 after buying an additional 71 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Atlassian by 0.3% during the second quarter. Cetera Investment Advisers now owns 24,808 shares of the technology company’s stock worth $5,038,000 after buying an additional 79 shares in the last quarter. ABN Amro Investment Solutions raised its stake in shares of Atlassian by 3.4% in the third quarter. ABN Amro Investment Solutions now owns 2,452 shares of the technology company’s stock valued at $392,000 after acquiring an additional 80 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC boosted its holdings in shares of Atlassian by 6.6% in the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 1,307 shares of the technology company’s stock worth $209,000 after acquiring an additional 81 shares in the last quarter. Institutional investors own 94.45% of the company’s stock.

Key Atlassian News

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Workforce cut framed as a productivity and margin play — several outlets reported the market initially viewed the ~1,600-job reduction as a disciplined step to reallocate resources toward higher-return AI and enterprise sales initiatives, which can support faster path to profitability. Atlassian shares rise after workforce reduction announcement
• Positive Sentiment: Analyst stance not uniformly bearish — the Street consensus remains constructive (a “Moderate Buy” in recent coverage) and Mizuho retains an outperform view despite lowering its price target to $185, signaling some analysts see material upside if the AI/enterprise pivot delivers. Atlassian Receives Consensus Recommendation of “Moderate Buy” Mizuho PT lowered to $185
• Neutral Sentiment: Short-interest reporting in recent data is unreliable/zero and doesn’t provide a meaningful signal for current positioning (tells us little about forced selling risk). (Data entry)
• Negative Sentiment: Significant one-time charges and leadership change — Atlassian disclosed an estimated $225M–$236M in restructuring charges and said longtime CTO Rajeev Rajan is stepping down; those details amplified downside as investors priced the near-term hit to earnings and execution risk around the AI pivot. Atlassian (TEAM) Is Down 11.1% After Restructuring To Fund AI And Enterprise Sales Pivot
• Negative Sentiment: Layoffs concentrated in R&D raise execution and product-cycle questions — reports note >900 R&D roles affected, which could slow product development even as the company shifts priorities; this feeds short-term uncertainty about roadmap delivery. Atlassian to reduce headcount by 10% as it restructures around AI
• Negative Sentiment: Reputational/strategic risk: critics warn of “AI-washing” — coverage and commentary question whether layoffs are genuine productivity moves or cosmetic AI repositioning, which can weigh on investor confidence if the strategy lacks clear near-term revenue pathways. Atlassian Layoffs Reignite Conversations Around The Rise Of AI Washing in 2026
• Negative Sentiment: Valuation and sentiment already under pressure — bearish price forecasts and a steep YTD/1‑yr decline have left the stock vulnerable to downside momentum if execution doubts persist. Atlassian Price Prediction: Down 66%, TEAM Could Hit $185 Next

Atlassian Stock Up 2.5%

Shares of TEAM opened at $75.21 on Friday. The business’s fifty day moving average price is $104.18 and its two-hundred day moving average price is $141.12. The firm has a market capitalization of $19.84 billion, a price-to-earnings ratio of -104.46, a PEG ratio of 290.51 and a beta of 0.94. Atlassian Corporation PLC has a 52 week low of $67.85 and a 52 week high of $242.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.89 and a current ratio of 0.89.

Atlassian (NASDAQ:TEAM) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.10. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.54 billion. Atlassian had a negative return on equity of 6.33% and a negative net margin of 3.29%.The firm’s revenue for the quarter was up 23.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 earnings per share. On average, analysts predict that Atlassian Corporation PLC will post -0.34 earnings per share for the current year.

Insider Activity

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $94.81, for a total value of $726,718.65. Following the transaction, the chief executive officer owned 275,940 shares of the company’s stock, valued at approximately $26,161,871.40. This trade represents a 2.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Brian Duffy sold 1,222 shares of Atlassian stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $81.35, for a total transaction of $99,409.70. Following the sale, the executive owned 124,332 shares of the company’s stock, valued at approximately $10,114,408.20. This represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 343,273 shares of company stock worth $48,101,379. Corporate insiders own 36.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Oppenheimer decreased their price target on Atlassian from $275.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. Wolfe Research reiterated an “outperform” rating and issued a $100.00 price objective on shares of Atlassian in a research report on Thursday. UBS Group reissued a “neutral” rating and issued a $105.00 price objective on shares of Atlassian in a research note on Friday, February 6th. Cantor Fitzgerald decreased their target price on Atlassian from $240.00 to $146.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, BTIG Research lowered their target price on Atlassian from $220.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Twenty-one investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Atlassian presently has a consensus rating of “Moderate Buy” and a consensus target price of $185.12.

Atlassian Profile

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.