Atlassian Corporation PLC $TEAM Shares Purchased by MBL Wealth LLC

Posted by Brenda Bartman on Oct 23rd, 2026

MBL Wealth LLC grew its holdings in Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) by 124.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,602 shares of the technology company’s stock after buying an additional 3,656 shares during the period. MBL Wealth LLC’s holdings in Atlassian were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Carmignac Gestion raised its position in shares of Atlassian by 115.8% during the 1st quarter. Carmignac Gestion now owns 2,603,770 shares of the technology company’s stock valued at $177,707,000 after buying an additional 1,397,402 shares in the last quarter. KBC Group NV lifted its holdings in shares of Atlassian by 1,691.2% in the 1st quarter. KBC Group NV now owns 1,440,019 shares of the technology company’s stock valued at $98,281,000 after acquiring an additional 1,359,624 shares during the last quarter. Pictet Asset Management Holding SA grew its position in Atlassian by 27.4% in the first quarter. Pictet Asset Management Holding SA now owns 5,031,413 shares of the technology company’s stock worth $343,344,000 after acquiring an additional 1,080,561 shares in the last quarter. First Trust Advisors LP grew its position in Atlassian by 48.4% in the first quarter. First Trust Advisors LP now owns 2,349,842 shares of the technology company’s stock worth $160,377,000 after acquiring an additional 766,922 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in Atlassian by 947.7% in the first quarter. Quantinno Capital Management LP now owns 283,427 shares of the technology company’s stock worth $19,344,000 after acquiring an additional 256,374 shares in the last quarter. 94.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Atlassian news, CAO Gene Liu sold 337 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $210.00, for a total transaction of $70,770.00. Following the completion of the transaction, the chief accounting officer owned 55,531 shares in the company, valued at $11,661,510. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CRO Brian Duffy sold 1,851 shares of the business’s 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 $319,204.95. Following the transaction, the executive owned 218,223 shares of the company’s stock, valued at $37,632,556.35. This trade represents a 0.84% decrease in their position. 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 22,475 shares of company stock valued at $3,822,643 in the last ninety days. 37.63% of the stock is owned by company insiders.

Atlassian Trading Down 1.0%

Shares of TEAM opened at $223.16 on Friday. The company’s fifty day simple moving average is $189.94 and its 200-day simple moving average is $124.79. The company has a market cap of $56.63 billion, a P/E ratio of 225.51, a P/E/G ratio of 24.05 and a beta of 1.22. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.93. Atlassian Corporation PLC has a twelve month low of $56.01 and a twelve month high of $229.96.

Atlassian (NASDAQ:TEAM – Get Free Report) last released its earnings results on Friday, August 7th. The technology company reported $1.87 earnings per share (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 firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the business earned $0.98 EPS. The business’s revenue was up 27.6% on a year-over-year basis. As a group, analysts expect that Atlassian Corporation PLC will post 0.69 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TEAM shares. Wells Fargo & Company boosted their price objective on Atlassian from $180.00 to $230.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Robert W. Baird raised their price objective on Atlassian from $200.00 to $245.00 and gave the company an “outperform” rating in a research note on Monday, September 28th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Atlassian in a research note on Monday, June 29th. Bank of America lifted their target price on Atlassian from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $200.00 target price on shares of Atlassian in a research report on Friday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $213.35.

View Our Latest Research Report on TEAM

Atlassian Company Profile

(Free Report)

Atlassian Corporation develops collaboration, project-management and workflow software for technology, business and service teams. Its products are designed to help organizations plan projects, manage software development, coordinate work and share knowledge across departments.

Its product portfolio includes Jira for project and issue tracking, Confluence for team collaboration and knowledge management, Jira Service Management for IT and enterprise service workflows, Trello for organizing tasks and projects, Loom for video messaging and screen recording, and Bitbucket for source-code management and collaboration.