Atlassian Corporation PLC $TEAM Holdings Raised by Bessemer Group Inc.

Bessemer Group Inc. raised its stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 6.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 275,640 shares of the technology company’s stock after buying an additional 16,852 shares during the period. Bessemer Group Inc.’s holdings in Atlassian were worth $44,020,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Physician Wealth Advisors Inc. grew its stake in Atlassian by 60.4% in the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Snowden Capital Advisors LLC lifted its holdings in shares of Atlassian by 1.6% during the 2nd quarter. Snowden Capital Advisors LLC now owns 4,464 shares of the technology company’s stock valued at $907,000 after buying an additional 71 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Atlassian by 0.3% in the 2nd quarter. Cetera Investment Advisers now owns 24,808 shares of the technology company’s stock valued at $5,038,000 after buying an additional 79 shares in the last quarter. Allegiance Financial Group Advisory Services LLC increased its holdings in Atlassian by 6.6% in the third quarter. Allegiance Financial Group Advisory Services LLC now owns 1,307 shares of the technology company’s stock worth $209,000 after buying an additional 81 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Atlassian by 0.8% during the second quarter. Louisiana State Employees Retirement System now owns 12,100 shares of the technology company’s stock valued at $2,457,000 after acquiring an additional 100 shares in the last quarter. 94.45% of the stock is owned by institutional investors and hedge funds.

Atlassian Trading Down 6.3%

Atlassian stock opened at $98.41 on Friday. Atlassian Corporation PLC has a 52 week low of $97.93 and a 52 week high of $326.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market capitalization of $25.89 billion, a PE ratio of -138.60, a PEG ratio of 16.27 and a beta of 0.88. The business’s 50-day simple moving average is $145.60 and its 200-day simple moving average is $159.15.

More Atlassian News

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Company raised near‑term and full‑year revenue guidance (Q3 revenue guided ~ $1.7B vs. consensus ~$1.6B; FY26 revenue guided ~ $6.4B vs. consensus ~$6.3B), signaling resilient enterprise demand and AI-driven spend. Atlassian raises annual revenue forecast
• Positive Sentiment: Q2 results beat expectations — EPS $1.22 vs. consensus $1.12 — showing improved profitability per share even as margins remain under pressure. Atlassian (TEAM) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Atlassian is promoting AI integration via high‑profile partnerships (Williams F1 / Anthropic Claude), which supports the company’s enterprise AI story and potential product tie‑ins. Atlassian Uses Williams F1 AI Deal
• Neutral Sentiment: Marketing and brand visibility from the Williams F1 sponsorship (new livery, ads) raise the company’s profile but are unlikely to move fundamentals by themselves. Atlassian Williams F1 Team reveals bold new racing livery for 2026
• Negative Sentiment: Repeated insider selling from CEO Michael Cannon‑Brookes and co‑founder/director Scott Farquhar (multiple ~7,665‑share blocks disclosed) is creating investor concern about insider conviction and is adding near‑term selling pressure. SEC filing — CEO sale SEC filing — Director sale
• Negative Sentiment: Analysts trimmed price targets this week (e.g., Cantor Fitzgerald to $146; BMO to $135), which pressures sentiment despite some firms keeping constructive ratings. Cantor Fitzgerald price target BMO price target note
• Negative Sentiment: Broader software/AI sector volatility and recent headlines about disruptive AI offerings have made investors skittish, amplifying downside when company‑specific negatives occur. Software sector volatility from AI fears

Insiders Place Their Bets

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $153.77, for a total transaction of $1,178,647.05. Following the completion of the transaction, the chief executive officer directly owned 237,615 shares in the company, valued at $36,538,058.55. The trade was a 3.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $153.77, for a total transaction of $1,178,647.05. Following the completion of the sale, the director owned 237,615 shares in the company, valued at approximately $36,538,058.55. The trade was a 3.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 551,049 shares of company stock valued at $81,277,257 in the last three months. Company insiders own 36.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and set a $230.00 price target on shares of Atlassian in a research note on Wednesday, October 22nd. BTIG Research reiterated a “buy” rating and issued a $220.00 price objective on shares of Atlassian in a report on Tuesday, January 13th. TD Cowen cut their target price on Atlassian from $205.00 to $175.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. Citigroup decreased their price target on Atlassian from $240.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Finally, Jefferies Financial Group set a $262.00 price objective on Atlassian in a research note on Thursday, January 15th. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $221.44.

Atlassian Profile

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.