9,873 Shares in Atlassian Corporation PLC $TEAM Purchased by Saxon Interests Inc.

Posted by Geri Gentry on Jul 8th, 2026

Saxon Interests Inc. bought a new position in shares of Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,873 shares of the technology company’s stock, valued at approximately $674,000.

A number of other large investors have also recently bought and sold shares of TEAM. MV Capital Management Inc. bought a new position in shares of Atlassian during the fourth quarter valued at $25,000. Geneos Wealth Management Inc. grew its holdings in shares of Atlassian by 447.2% in 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 during the last quarter. Board of the Pension Protection Fund acquired a new stake in shares of Atlassian during the 4th quarter worth about $32,000. Basepoint Wealth LLC acquired a new stake in shares of Atlassian during the 4th quarter worth about $32,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in Atlassian during the 4th quarter valued at about $32,000. 94.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Atlassian

In related news, CRO Brian Duffy sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $89.71, for a total value of $269,130.00. Following the transaction, the executive owned 227,691 shares in the company, valued at $20,426,159.61. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO James Chuong sold 8,838 shares of Atlassian stock in a transaction dated Tuesday, May 19th. The stock was 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 owned 288,272 shares of the company’s stock, valued at approximately $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 have sold 20,041 shares of company stock worth $1,801,069 in the last ninety days. 36.66% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TEAM. Canaccord Genuity Group reduced their price target on shares of Atlassian from $185.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Zacks Research cut shares of Atlassian from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley reduced their target price on Atlassian from $290.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Guggenheim set a $115.00 price target on Atlassian in a research report on Thursday, April 9th. Finally, TD Cowen raised their price target on Atlassian from $85.00 to $105.00 and gave the company a “hold” rating in a report on Friday, May 1st. Twenty-one analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Atlassian has a consensus rating of “Moderate Buy” and an average price target of $145.26.

Check Out Our Latest Stock Report on TEAM

Atlassian Trading Up 3.4%

Shares of NASDAQ TEAM opened at $88.39 on Wednesday. Atlassian Corporation PLC has a 1-year low of $56.01 and a 1-year high of $222.59. The company has a 50-day moving average of $87.05 and a two-hundred day moving average of $95.44. The company has a market cap of $22.43 billion, a PE ratio of -106.49, a P/E/G ratio of 4.82 and a beta of 1.11. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.13.

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

Atlassian Company Profile

(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.