Atlassian Corporation PLC $TEAM Shares Sold by Handelsbanken Fonder AB

Posted by Stanley Muller on May 22nd, 2026

Handelsbanken Fonder AB trimmed its stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) by 17.8% in the 4th quarter, HoldingsChannel reports. The firm owned 55,697 shares of the technology company’s stock after selling 12,078 shares during the period. Handelsbanken Fonder AB’s holdings in Atlassian were worth $9,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TEAM. NewEdge Advisors LLC grew its stake in Atlassian by 71.6% during the 1st quarter. NewEdge Advisors LLC now owns 5,432 shares of the technology company’s stock worth $1,153,000 after purchasing an additional 2,267 shares in the last quarter. Empowered Funds LLC grew its stake in Atlassian by 39.5% during the 1st quarter. Empowered Funds LLC now owns 4,689 shares of the technology company’s stock worth $995,000 after purchasing an additional 1,328 shares in the last quarter. Focus Partners Wealth grew its stake in Atlassian by 32.6% during the 1st quarter. Focus Partners Wealth now owns 4,122 shares of the technology company’s stock worth $875,000 after purchasing an additional 1,014 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Atlassian by 447.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock worth $42,000 after purchasing an additional 161 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its stake in Atlassian by 27.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,873 shares of the technology company’s stock worth $380,000 after purchasing an additional 404 shares in the last quarter. 94.45% of the stock is owned by institutional investors and hedge funds.

Atlassian Stock Down 4.7%

Atlassian stock opened at $82.18 on Friday. Atlassian Corporation PLC has a fifty-two week low of $56.01 and a fifty-two week high of $222.59. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market capitalization of $20.85 billion, a P/E ratio of -99.01, a PEG ratio of 4.89 and a beta of 0.90. The stock has a 50-day simple moving average of $73.61 and a 200-day simple moving average of $110.86.

Atlassian (NASDAQ:TEAM – Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.42. Atlassian had a positive return on equity of 6.22% and a negative net margin of 3.50%.The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the business earned $0.97 EPS. The business’s quarterly revenue was up 31.7% on a year-over-year basis. Equities research analysts expect that Atlassian Corporation PLC will post 0.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays boosted their target price on Atlassian from $106.00 to $112.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Wells Fargo & Company decreased their price target on Atlassian from $155.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, March 17th. Oppenheimer lifted their price target on Atlassian from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Wall Street Zen raised Atlassian from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Finally, Cantor Fitzgerald lifted their price target on Atlassian from $98.00 to $107.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.63.

Read Our Latest Report on TEAM

Insider Activity

In other news, CRO Brian Duffy sold 1,986 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $87.75, for a total value of $174,271.50. Following the completion of the sale, the executive directly owned 236,841 shares of the company’s stock, valued at approximately $20,782,797.75. The trade was a 0.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO James Chuong sold 8,838 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $87.75, for a total value of $775,534.50. Following the completion of the sale, the chief financial officer directly owned 288,272 shares of the company’s stock, valued at $25,295,868. The trade was a 2.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 10,891 shares of company stock valued at $955,683 over the last three months. Company insiders own 36.66% of the company’s stock.

About Atlassian

(Free Report)

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.