Atlassian Corporation PLC $TEAM Shares Bought by Penserra Capital Management LLC

Penserra Capital Management LLC grew its stake in Atlassian Corporation PLC (NASDAQ:TEAM) by 53.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,652 shares of the technology company’s stock after acquiring an additional 8,599 shares during the quarter. Penserra Capital Management LLC’s holdings in Atlassian were worth $3,935,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TEAM. Vanguard Group Inc. grew its holdings in shares of Atlassian by 2.6% in the second quarter. Vanguard Group Inc. now owns 17,430,078 shares of the technology company’s stock valued at $3,539,875,000 after purchasing an additional 436,541 shares during the period. Artisan Partners Limited Partnership boosted its holdings in Atlassian by 66.3% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,878,133 shares of the technology company’s stock valued at $787,610,000 after purchasing an additional 1,545,546 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Atlassian by 1.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,356,798 shares of the technology company’s stock valued at $476,800,000 after purchasing an additional 43,899 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Atlassian by 12.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,933,851 shares of the technology company’s stock valued at $392,282,000 after buying an additional 218,564 shares during the period. Finally, Norges Bank acquired a new stake in shares of Atlassian during the 2nd quarter worth approximately $377,794,000. Hedge funds and other institutional investors own 94.45% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Macquarie decreased their price objective on Atlassian from $250.00 to $240.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $260.00 target price on shares of Atlassian in a research report on Friday, October 31st. TD Cowen lowered their price target on Atlassian from $205.00 to $175.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. Mizuho cut their price objective on Atlassian from $245.00 to $225.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Finally, Piper Sandler restated an “overweight” rating on shares of Atlassian in a report on Tuesday, January 13th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Atlassian has an average rating of “Moderate Buy” and an average target price of $221.44.

Atlassian Price Performance

TEAM stock opened at $98.41 on Friday. The business’s fifty day moving average price is $145.60 and its 200 day moving average price is $159.15. Atlassian Corporation PLC has a 12-month low of $97.93 and a 12-month high of $326.00. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $25.89 billion, a PE ratio of -138.60, a P/E/G ratio of 16.27 and a beta of 0.88.

Insider Buying and Selling at Atlassian

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $153.77, for a total transaction of $1,178,647.05. Following the sale, the chief executive officer owned 237,615 shares of the company’s stock, valued at approximately $36,538,058.55. This represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 that occurred on Thursday, November 13th. The shares were sold at an average price of $153.77, for a total transaction of $1,178,647.05. Following the completion of the transaction, the director directly owned 237,615 shares of the company’s stock, 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 sold a total of 551,049 shares of company stock valued at $81,277,257 in the last three months. 36.66% of the stock is owned by corporate insiders.

Key Headlines Impacting Atlassian

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

Atlassian Company 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.