Atlassian (NASDAQ:TEAM) CAO Sells $196,875.00 in Stock

Posted by Geri Gentry on Aug 23rd, 2026

Atlassian Corporation PLC (NASDAQ:TEAM – Get Free Report) CAO Gene Liu sold 1,125 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $175.00, for a total value of $196,875.00. Following the completion of the sale, the chief accounting officer directly owned 56,807 shares of the company’s stock, valued at $9,941,225. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

On Friday, August 14th, Gene Liu sold 815 shares of Atlassian stock. The stock was sold at an average price of $163.00, for a total value of $132,845.00.
On Thursday, August 13th, Gene Liu sold 737 shares of Atlassian stock. The stock was sold at an average price of $165.00, for a total value of $121,605.00.

Atlassian Trading Down 1.8%

NASDAQ:TEAM opened at $171.81 on Friday. Atlassian Corporation PLC has a 1 year low of $56.01 and a 1 year high of $184.00. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.70 and a current ratio of 0.78. The stock has a fifty day moving average price of $105.84 and a two-hundred day moving average price of $89.49. The stock has a market capitalization of $43.60 billion, a price-to-earnings ratio of -904.26, a PEG ratio of 13.50 and a beta of 1.05.

Atlassian (NASDAQ:TEAM – Get Free Report) last issued its earnings results on Friday, August 7th. The technology company reported $1.87 EPS for the quarter, topping the consensus estimate of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the firm earned $0.98 EPS. The business’s revenue was up 27.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Atlassian Corporation PLC will post 0.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Atlassian

Several hedge funds have recently added to or reduced their stakes in the business. MV Capital Management Inc. purchased a new stake in shares of Atlassian in the fourth quarter valued at about $25,000. Manning & Napier Advisors LLC purchased a new position in shares of Atlassian during the 2nd quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Atlassian by 139.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 378 shares of the technology company’s stock worth $29,000 after purchasing an additional 220 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Atlassian during the 1st quarter worth approximately $30,000. Finally, State of Wyoming raised its position in shares of Atlassian by 65.7% during the 1st quarter. State of Wyoming now owns 449 shares of the technology company’s stock worth $31,000 after purchasing an additional 178 shares during the last quarter. 94.45% of the stock is currently owned by hedge funds and other institutional investors.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

Analysts Set New Price Targets

Several brokerages have weighed in on TEAM. KeyCorp upped their target price on shares of Atlassian from $115.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Wells Fargo & Company boosted their price target on Atlassian from $140.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Raymond James Financial set a $180.00 price target on Atlassian in a report on Friday, August 7th. Piper Sandler dropped their price objective on Atlassian from $200.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $126.00 price objective on shares of Atlassian in a report on Monday, August 3rd. Twenty-four 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 MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.23.

Check Out Our Latest Stock Analysis on Atlassian

Atlassian Company Profile

(Get 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.