Gene Liu Sells 92 Shares of Atlassian (NASDAQ:TEAM) Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CAO Gene Liu sold 92 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $147.44, for a total value of $13,564.48. Following the completion of the sale, the chief accounting officer directly owned 58,071 shares in the company, valued at approximately $8,561,988.24. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Gene Liu also recently made the following trade(s):

• On Friday, November 14th, Gene Liu sold 1,044 shares of Atlassian stock. The shares were sold at an average price of $152.45, for a total value of $159,157.80.

Atlassian Price Performance

Atlassian stock traded down $2.47 during trading on Thursday, reaching $144.04. The company had a trading volume of 2,297,859 shares, compared to its average volume of 2,502,875. The firm has a market capitalization of $37.90 billion, a PE ratio of -202.87, a price-to-earnings-growth ratio of 35.28 and a beta of 0.95. The firm’s 50-day simple moving average is $159.76 and its 200 day simple moving average is $182.58. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. Atlassian Corporation PLC has a 1-year low of $143.39 and a 1-year high of $326.00.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.21. Atlassian had a negative net margin of 3.38% and a negative return on equity of 7.11%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the firm posted $0.77 earnings per share. The company’s revenue was up 20.6% compared to the same quarter last year. Atlassian has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities research analysts anticipate that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TEAM shares. Zacks Research upgraded Atlassian from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Citigroup reissued a “buy” rating on shares of Atlassian in a research note on Wednesday, October 22nd. Robert W. Baird set a $230.00 price objective on Atlassian in a report on Friday, October 31st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $260.00 target price on shares of Atlassian in a report on Friday, October 31st. Finally, Raymond James Financial decreased their price target on shares of Atlassian from $300.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $240.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. One Wealth Advisors LLC raised its stake in Atlassian by 56.7% during the 2nd quarter. One Wealth Advisors LLC now owns 4,436 shares of the technology company’s stock worth $901,000 after acquiring an additional 1,606 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Atlassian by 28.6% during the second quarter. Allianz Asset Management GmbH now owns 102,194 shares of the technology company’s stock worth $20,755,000 after purchasing an additional 22,701 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Atlassian by 3.7% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 258,299 shares of the technology company’s stock worth $52,458,000 after purchasing an additional 9,274 shares in the last quarter. Machina Capital S.A.S. lifted its holdings in shares of Atlassian by 203.0% in the 2nd quarter. Machina Capital S.A.S. now owns 9,376 shares of the technology company’s stock valued at $1,904,000 after purchasing an additional 6,282 shares during the last quarter. Finally, Nicholas Company Inc. lifted its holdings in shares of Atlassian by 10.0% in the 2nd quarter. Nicholas Company Inc. now owns 227,789 shares of the technology company’s stock valued at $46,262,000 after purchasing an additional 20,635 shares during the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

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.