Machina Capital S.A.S. Boosts Stake in Atlassian Corporation PLC $TEAM

Machina Capital S.A.S. grew its position in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 72.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,137 shares of the technology company’s stock after acquiring an additional 6,761 shares during the quarter. Machina Capital S.A.S.’s holdings in Atlassian were worth $2,577,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. J.W. Cole Advisors Inc. increased its position in Atlassian by 5.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,111 shares of the technology company’s stock worth $816,000 after purchasing an additional 257 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in Atlassian by 33.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 2,256 shares of the technology company’s stock valued at $360,000 after buying an additional 571 shares in the last quarter. Penserra Capital Management LLC grew its stake in Atlassian by 53.6% during the third quarter. Penserra Capital Management LLC now owns 24,652 shares of the technology company’s stock worth $3,935,000 after buying an additional 8,599 shares during the period. Strengthening Families & Communities LLC grew its stake in Atlassian by 3,102.1% during the third quarter. Strengthening Families & Communities LLC now owns 6,084 shares of the technology company’s stock worth $971,000 after buying an additional 5,894 shares during the period. Finally, Physician Wealth Advisors Inc. increased its position in shares of Atlassian by 60.4% in the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. 94.45% of the stock is owned by institutional investors and hedge funds.

Atlassian Trading Down 7.7%

Shares of TEAM opened at $105.00 on Wednesday. Atlassian Corporation PLC has a one year low of $100.92 and a one year high of $326.00. The stock has a 50-day moving average price of $147.45 and a 200 day moving average price of $159.96. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $27.63 billion, a P/E ratio of -147.89, a P/E/G ratio of 17.61 and a beta of 0.88.

Insider Buying and Selling at Atlassian

In related news, President Anutthara Bharadwaj sold 9,847 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $152.46, for a total value of $1,501,273.62. Following the sale, the president directly owned 242,092 shares of the company’s stock, valued at $36,909,346.32. This represents a 3.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott Farquhar sold 7,665 shares of the stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $153.77, for a total transaction of $1,178,647.05. Following the transaction, the director owned 237,615 shares in the company, valued at $36,538,058.55. This trade represents a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 551,049 shares of company stock valued at $82,050,502 in the last three months. Corporate insiders own 36.66% of the company’s stock.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian announced a multi‑year partnership that integrates Anthropic’s Claude as the Atlassian Williams F1 Team’s “Official Thinking Partner,” raising the company’s profile in frontier AI integrations and offering potential product/commercial tie‑ins. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst previews (Zacks) expect Q2 to benefit from continued cloud adoption, AI tooling and steady demand for Jira/Confluence — fundamental drivers that could support revenue and limit downside at upcoming earnings. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Positive Sentiment: Some outlets and analysts highlight large upside potential for Atlassian tied to AI adoption trends — a positive thematic signal that could support a recovery if execution and guidance match expectations. Software Bear Market: 2 AI Stocks to Buy…
• Neutral Sentiment: Marketing/PR items tied to the Williams F1 sponsorship (new livery, ads) increase brand visibility but are unlikely to move fundamentals on their own. Atlassian Williams F1 Team reveals bold new racing livery for 2026
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical datapoint that currently appears immaterial to near‑term price pressure.
• Negative Sentiment: CEO Michael Cannon‑Brookes sold 7,665 shares (late Jan/early Feb), reducing his stake ~2.4%; repeated insider sales from top executives can weigh on investor sentiment even if proceeds are for diversification. SEC filing — CEO sale
• Negative Sentiment: Director/co‑founder Scott Farquhar sold an identical block of 7,665 shares on the same dates, amplifying concerns about insider conviction and contributing to near‑term selling pressure. SEC filing — Director sale

Analyst Upgrades and Downgrades

TEAM has been the topic of several recent research reports. Cantor Fitzgerald restated an “overweight” rating and set a $240.00 target price on shares of Atlassian in a report on Friday, October 31st. Canaccord Genuity Group reissued a “buy” rating and issued a $230.00 price objective on shares of Atlassian in a research report on Wednesday, October 22nd. Mizuho decreased their target price on Atlassian from $245.00 to $225.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. BMO Capital Markets increased their target price on Atlassian from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, Macquarie dropped their target price on Atlassian from $250.00 to $240.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Atlassian presently has an average rating of “Moderate Buy” and an average price target of $227.60.

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.