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 stock in a transaction on Friday, November 14th. The stock was sold at an average price of $152.45, for a total value of $159,157.80. Following the sale, the chief accounting officer owned 58,163 shares of the company’s stock, valued at approximately $8,866,949.35. This represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Atlassian Stock Performance

Shares of NASDAQ TEAM opened at $148.75 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. Atlassian Corporation PLC has a one year low of $144.32 and a one year high of $326.00. The business’s 50-day moving average price is $160.32 and its two-hundred day moving average price is $182.84. The company has a market capitalization of $39.14 billion, a P/E ratio of -209.50, a price-to-earnings-growth ratio of 34.63 and a beta of 0.95.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings results 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 company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Atlassian had a negative return on equity of 7.11% and a negative net margin of 3.38%.The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. Atlassian has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Analysts anticipate that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on TEAM. The Goldman Sachs Group reissued a “buy” rating and issued a $260.00 target price on shares of Atlassian in a research report on Friday, October 31st. Cowen reaffirmed a “hold” rating on shares of Atlassian in a research note on Monday, October 27th. Macquarie lowered their target price on shares of Atlassian from $250.00 to $240.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. UBS Group reduced their price target on Atlassian from $215.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, October 24th. Finally, Sanford C. Bernstein upped their price target on Atlassian from $290.00 to $304.00 and gave the stock an “outperform” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $240.00.

Institutional Investors Weigh In On Atlassian

A number of hedge funds have recently bought and sold shares of TEAM. State of Wyoming increased its position in shares of Atlassian by 20.3% during the first quarter. State of Wyoming now owns 278 shares of the technology company’s stock worth $59,000 after acquiring an additional 47 shares in the last quarter. Physician Wealth Advisors Inc. boosted its stake in Atlassian by 60.4% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the period. EP Wealth Advisors LLC increased its holdings in Atlassian by 2.8% during the 1st quarter. EP Wealth Advisors LLC now owns 2,641 shares of the technology company’s stock worth $561,000 after purchasing an additional 71 shares in the last quarter. Snowden Capital Advisors LLC increased its holdings in Atlassian by 1.6% during the 2nd quarter. Snowden Capital Advisors LLC now owns 4,464 shares of the technology company’s stock worth $907,000 after purchasing an additional 71 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Atlassian by 11.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 716 shares of the technology company’s stock valued at $156,000 after purchasing an additional 74 shares during the period. 94.45% of the stock is currently owned by institutional investors.

About Atlassian

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.