MASTERINVEST Kapitalanlage GmbH Purchases New Position in Atlassian Corporation PLC $TEAM

MASTERINVEST Kapitalanlage GmbH purchased a new stake in Atlassian Corporation PLC (NASDAQ:TEAM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 6,406 shares of the technology company’s stock, valued at approximately $1,023,000.

Several other institutional investors have also modified their holdings of TEAM. Vanguard Group Inc. boosted its holdings in shares of Atlassian by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 17,430,078 shares of the technology company’s stock valued at $3,539,875,000 after buying an additional 436,541 shares in the last quarter. Artisan Partners Limited Partnership lifted its position in Atlassian by 66.3% in the second quarter. Artisan Partners Limited Partnership now owns 3,878,133 shares of the technology company’s stock valued at $787,610,000 after acquiring an additional 1,545,546 shares during the last quarter. Geode Capital Management LLC lifted its position in Atlassian by 1.9% in the second quarter. Geode Capital Management LLC now owns 2,356,798 shares of the technology company’s stock valued at $476,800,000 after acquiring an additional 43,899 shares during the last quarter. AQR Capital Management LLC boosted its stake in Atlassian by 12.7% in the second quarter. AQR Capital Management LLC now owns 1,933,851 shares of the technology company’s stock valued at $392,282,000 after acquiring an additional 218,564 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Atlassian during the second quarter worth about $377,794,000. Hedge funds and other institutional investors own 94.45% of the company’s stock.

Key Stories Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Williams F1 partnership raises Atlassian’s brand visibility and could help enterprise marketing and sponsorship reach over time. Read More.
• Neutral Sentiment: Analysts are reassessing TEAM’s valuation following the Dashmoto/Williams F1 collaboration — discussion focuses on branding upside vs. limited near‑term revenue impact. Read More.
• Neutral Sentiment: Market roundup pieces place Atlassian among several software names falling today, suggesting sector rotation and macro/earnings positioning (not just company‑specific news) are contributing to the selloff. Read More.
• Negative Sentiment: Co‑founders/insiders sold sizable, identical blocks on Jan. 7 (7,665 shares each at ~$161.11): CEO Michael Cannon‑Brookes’ sale is publicly filed and can weigh on sentiment when executed by top management. Read More.
• Negative Sentiment: Director/co‑founder Scott Farquhar also sold 7,665 shares on Jan. 7 (and has repeatedly sold blocks in recent weeks), amplifying investor concern about insider timing and signaling near‑term liquidity taking. Read More.
• Negative Sentiment: Media commentators (including Jim Cramer) have flagged Atlassian as “in the crosshairs,” which can accelerate headline‑driven selling and short‑term momentum pressure. Read More.
• Negative Sentiment: Wider negative context: recent coverage highlights investors are down roughly one‑third over the past year, reinforcing bearish sentiment that may amplify outflows. Read More.

Analyst Ratings Changes

Several research firms have recently weighed in on TEAM. Mizuho boosted their target price on Atlassian from $235.00 to $245.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Truist Financial set a $210.00 price objective on Atlassian in a research note on Friday, October 31st. Citigroup reissued a “buy” rating on shares of Atlassian in a report on Wednesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $260.00 target price on shares of Atlassian in a report on Friday, October 31st. Finally, BMO Capital Markets increased their price target on shares of Atlassian from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $238.46.

Atlassian Price Performance

Atlassian stock opened at $146.42 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. The business has a 50 day simple moving average of $156.91 and a 200-day simple moving average of $169.30. Atlassian Corporation PLC has a 12 month low of $139.70 and a 12 month high of $326.00. The stock has a market capitalization of $38.52 billion, a PE ratio of -206.22, a price-to-earnings-growth ratio of 22.68 and a beta of 0.88.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.21. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.40 billion. Atlassian had a negative net margin of 3.38% and a negative return on equity of 7.11%. Atlassian’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period last year, the firm posted $0.77 EPS. Equities analysts predict that Atlassian Corporation PLC will post -0.34 earnings per share for the current year.

Insider Transactions at Atlassian

In other Atlassian news, CEO Michael Cannon-Brookes sold 7,665 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $164.50, for a total transaction of $1,260,892.50. Following the transaction, the chief executive officer owned 352,590 shares in the company, valued at approximately $58,001,055. The trade was a 2.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Anutthara Bharadwaj sold 9,847 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $152.46, for a total value of $1,501,273.62. Following the transaction, the president directly owned 242,092 shares of the company’s stock, valued at approximately $36,909,346.32. This trade represents a 3.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 566,379 shares of company stock worth $89,263,574 over the last ninety days. 36.66% of the stock is currently owned by company insiders.

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.