Gene Liu Sells 1,044 Shares of Atlassian (NASDAQ:TEAM) Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CAO Gene Liu sold 1,044 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $152.45, for a total transaction of $159,157.80. Following the completion of the transaction, the chief accounting officer directly owned 58,163 shares of the company’s stock, valued at approximately $8,866,949.35. This represents a 1.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Atlassian Price Performance

NASDAQ:TEAM traded down $5.77 during midday trading on Monday, hitting $146.02. The company had a trading volume of 2,970,461 shares, compared to its average volume of 2,505,523. The stock’s fifty day moving average price is $161.52 and its 200-day moving average price is $183.84. Atlassian Corporation PLC has a 52-week low of $144.32 and a 52-week high of $326.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $38.42 billion, a PE ratio of -205.66, a P/E/G ratio of 36.00 and a beta of 0.95.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.21. The firm had revenue of $1.43 billion during 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%. The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.77 EPS. Atlassian has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, research analysts expect that Atlassian Corporation PLC will post -0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TEAM. Raymond James Financial dropped their price target on shares of Atlassian from $300.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Cowen reissued a “hold” rating on shares of Atlassian in a research note on Monday, October 27th. BMO Capital Markets boosted their price objective on shares of Atlassian from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Barclays decreased their price target on shares of Atlassian from $244.00 to $215.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Finally, Truist Financial set a $210.00 target price on Atlassian in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $239.44.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Larson Financial Group LLC increased its position in shares of Atlassian by 458.3% during the first quarter. Larson Financial Group LLC now owns 469 shares of the technology company’s stock valued at $100,000 after acquiring an additional 385 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Atlassian by 4.1% in the 1st quarter. Victory Capital Management Inc. now owns 125,784 shares of the technology company’s stock worth $26,693,000 after buying an additional 4,903 shares in the last quarter. Diversify Advisory Services LLC bought a new position in Atlassian during the 1st quarter valued at about $266,000. Kestra Private Wealth Services LLC raised its holdings in shares of Atlassian by 28.2% during the first quarter. Kestra Private Wealth Services LLC now owns 6,099 shares of the technology company’s stock valued at $1,294,000 after purchasing an additional 1,340 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in Atlassian during the first quarter valued at approximately $890,000. 94.45% of the stock is owned by hedge funds and other institutional investors.

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.