C M Bidwell & Associates Ltd. Makes New $366,000 Investment in Atlassian Corporation PLC $TEAM

C M Bidwell & Associates Ltd. acquired a new stake in Atlassian Corporation PLC (NASDAQ:TEAM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,699 shares of the technology company’s stock, valued at approximately $366,000.

A number of other large investors have also made changes to their positions in the stock. MV Capital Management Inc. acquired a new position in Atlassian in the 4th quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Atlassian by 139.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 378 shares of the technology company’s stock valued at $29,000 after purchasing an additional 220 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Atlassian during the 1st quarter worth about $30,000. State of Wyoming boosted its stake in shares of Atlassian by 65.7% during the 1st quarter. State of Wyoming now owns 449 shares of the technology company’s stock worth $31,000 after purchasing an additional 178 shares during the last quarter. Finally, Basepoint Wealth LLC purchased a new stake in shares of Atlassian during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 94.45% of the company’s stock.

Atlassian Price Performance

TEAM opened at $171.81 on Friday. The company’s 50 day simple moving average is $105.84 and its 200 day simple moving average is $89.49. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.70 and a current ratio of 0.78. Atlassian Corporation PLC has a 1 year low of $56.01 and a 1 year high of $184.00. The stock has a market capitalization of $43.60 billion, a PE ratio of -904.26, a P/E/G ratio of 13.74 and a beta of 1.05.

Atlassian (NASDAQ:TEAM) last issued its quarterly earnings results on Friday, August 7th. The technology company reported $1.87 EPS for the quarter, topping the consensus estimate of $1.50 by $0.37. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.66 billion. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. Atlassian’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.98 earnings per share. As a group, sell-side analysts expect that Atlassian Corporation PLC will post 0.94 EPS for the current year.

Insider Activity

In related news, CFO James Chuong sold 9,054 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $172.45, for a total value of $1,561,362.30. Following the transaction, the chief financial officer directly owned 279,218 shares of the company’s stock, valued at approximately $48,151,144.10. This trade represents a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Gene Liu sold 1,125 shares of Atlassian stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $175.00, for a total value of $196,875.00. Following the completion of the transaction, the chief accounting officer owned 56,807 shares in the company, valued at $9,941,225. The trade was a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,349 shares of company stock valued at $4,418,849 in the last ninety days. Company insiders own 36.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TEAM. Bank of America raised shares of Atlassian from a “neutral” rating to a “buy” rating and set a $175.00 price objective for the company in a research report on Friday, August 7th. Robert W. Baird set a $200.00 target price on shares of Atlassian in a research report on Friday, August 7th. BMO Capital Markets lifted their target price on shares of Atlassian from $95.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Barclays boosted their price target on Atlassian from $112.00 to $172.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Atlassian in a research note on Monday, June 29th. Twenty-four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $177.23.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
• Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
• Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
• Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
• Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

About Atlassian

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.