25,900 Shares in Atlassian Corporation PLC $TEAM Purchased by Sanders Morris Harris LLC

Posted by Brian Himes on Oct 14th, 2026

Sanders Morris Harris LLC acquired a new stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,900 shares of the technology company’s stock, valued at approximately $4,644,000.

A number of other large investors also recently bought and sold shares of the business. Seelaus Asset Management LLC bought a new stake in Atlassian during the 3rd quarter valued at $558,000. First Citizens Bank & Trust Co. purchased a new stake in shares of Atlassian during the 3rd quarter worth $243,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Atlassian during the 3rd quarter worth $431,000. Krilogy Financial LLC boosted its position in Atlassian by 3.6% during the third quarter. Krilogy Financial LLC now owns 18,951 shares of the technology company’s stock valued at $3,398,000 after purchasing an additional 658 shares in the last quarter. Finally, Fermata Advisors LLC bought a new stake in Atlassian during the third quarter valued at about $220,000. Institutional investors own 94.45% of the company’s stock.

Insider Activity

In related news, CFO James Chuong sold 9,054 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $172.45, for a total value of $1,561,362.30. Following the completion of the transaction, the chief financial officer directly owned 279,218 shares of the company’s stock, valued at $48,151,144.10. This trade represents a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Brian Duffy sold 7,617 shares of Atlassian stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $163.00, for a total transaction of $1,241,571.00. Following the completion of the sale, the executive owned 220,074 shares of the company’s stock, valued at $35,872,062. This trade represents a 3.35% 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 have sold a total of 22,475 shares of company stock worth $3,822,643 over the last 90 days. 36.66% of the stock is currently owned by corporate insiders.

Atlassian Stock Down 1.6%

NASDAQ:TEAM traded down $3.38 during mid-day trading on Wednesday, hitting $204.66. 2,080,641 shares of the company’s stock traded hands, compared to its average volume of 5,695,420. The company has a fifty day moving average of $179.66 and a 200 day moving average of $117.47. Atlassian Corporation PLC has a twelve month low of $56.01 and a twelve month high of $214.77. The company has a market capitalization of $51.94 billion, a P/E ratio of -1,077.16, a P/E/G ratio of 16.33 and a beta of 1.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.78 and a current ratio of 0.78.

Atlassian (NASDAQ:TEAM – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The technology company reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.37. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Atlassian had a positive return on equity of 20.99% and a negative net margin of 0.82%. The firm’s revenue was up 27.6% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. On average, analysts forecast that Atlassian Corporation PLC will post 0.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on TEAM shares. Citizens Jmp reiterated a “market perform” rating on shares of Atlassian in a research note on Wednesday, July 1st. Weiss Ratings reissued a “sell (e+)” rating on shares of Atlassian in a research report on Friday, July 17th. Guggenheim raised their price target on shares of Atlassian from $115.00 to $165.00 and gave the company a “buy” rating in a report on Friday, August 7th. Oppenheimer lifted their price objective on shares of Atlassian from $110.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Morgan Stanley lifted their price objective on shares of Atlassian from $120.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Twenty-five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $196.00.

Get Our Latest Stock Analysis on Atlassian

About Atlassian

(Free Report)

Atlassian Corporation develops collaboration, productivity and workflow-management software for technology, business and enterprise teams. Its products are designed to help organizations plan projects, manage software development, document and share knowledge, provide IT and customer support, and coordinate work across distributed teams.

Its product portfolio includes Jira for project and issue management, Confluence for team collaboration and knowledge sharing, Jira Service Management for IT service and support operations, and Trello for organizing tasks and projects.