Machina Capital S.A.S. Acquires 6,282 Shares of Atlassian Corporation PLC $TEAM

Machina Capital S.A.S. raised its position in Atlassian Corporation PLC (NASDAQ:TEAM) by 203.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,376 shares of the technology company’s stock after acquiring an additional 6,282 shares during the period. Machina Capital S.A.S.’s holdings in Atlassian were worth $1,904,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TEAM. Nuveen LLC acquired a new position in Atlassian in the 1st quarter valued at approximately $327,665,000. AQR Capital Management LLC raised its holdings in Atlassian by 145.6% in the 1st quarter. AQR Capital Management LLC now owns 1,715,287 shares of the technology company’s stock valued at $354,858,000 after acquiring an additional 1,016,902 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Atlassian by 21.8% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,440,813 shares of the technology company’s stock valued at $730,175,000 after acquiring an additional 616,071 shares in the last quarter. Vanguard Group Inc. raised its holdings in Atlassian by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 16,993,537 shares of the technology company’s stock valued at $3,606,198,000 after acquiring an additional 580,583 shares in the last quarter. Finally, Baillie Gifford & Co. raised its holdings in Atlassian by 7.1% in the 1st quarter. Baillie Gifford & Co. now owns 8,694,755 shares of the technology company’s stock valued at $1,845,114,000 after acquiring an additional 573,696 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

Insider Buying and Selling at Atlassian

In other news, Director Scott Farquhar sold 7,665 shares of Atlassian stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $160.41, for a total value of $1,229,542.65. Following the completion of the sale, the director directly owned 321,930 shares of the company’s stock, valued at approximately $51,640,791.30. This trade represents a 2.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $160.40, for a total value of $1,229,466.00. Following the completion of the transaction, the chief executive officer owned 321,930 shares in the company, valued at $51,637,572. This represents a 2.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 536,278 shares of company stock valued at $88,401,522 over the last three months. Insiders own 36.66% of the company’s stock.

Atlassian Stock Up 5.4%

NASDAQ TEAM opened at $169.42 on Monday. The firm has a market cap of $44.44 billion, a PE ratio of -238.62 and a beta of 0.92. Atlassian Corporation PLC has a one year low of $144.32 and a one year high of $326.00. The stock’s 50 day simple moving average is $164.09 and its 200 day simple moving average is $187.75. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.22 and a quick ratio of 1.22.

Atlassian (NASDAQ:TEAM) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.21. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.40 billion. Atlassian had a negative return on equity of 7.20% and a negative net margin of 3.38%.Atlassian’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.77 EPS. Atlassian has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, sell-side analysts forecast that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TEAM shares. Wells Fargo & Company started coverage on Atlassian in a report on Tuesday, September 30th. They issued an “overweight” rating and a $216.00 target price for the company. Stephens dropped their target price on Atlassian from $221.00 to $202.00 and set an “equal weight” rating for the company in a report on Monday, August 11th. Mizuho increased their target price on Atlassian from $235.00 to $245.00 and gave the stock an “outperform” rating in a report on Friday. Oppenheimer dropped their target price on Atlassian from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Monday, July 21st. Finally, Raymond James Financial dropped their target price on Atlassian from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Atlassian presently has a consensus rating of “Moderate Buy” and an average price target of $239.84.

Atlassian Company Profile

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.