Atlassian (NASDAQ:TEAM) CAO Gene Liu Sells 337 Shares of Company Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CAO Gene Liu sold 337 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer directly owned 55,531 shares in the company, valued at approximately $11,661,510. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Friday, August 28th, Gene Liu sold 939 shares of Atlassian stock. The shares were sold at an average price of $190.00, for a total transaction of $178,410.00.
• On Wednesday, August 19th, Gene Liu sold 1,125 shares of Atlassian stock. The stock was sold at an average price of $175.00, for a total transaction of $196,875.00.
• 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 transaction 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 transaction of $121,605.00.

Atlassian Stock Performance

NASDAQ:TEAM opened at $208.04 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50-day moving average of $179.66 and a two-hundred day moving average of $117.47. The stock has a market cap of $52.79 billion, a P/E ratio of -1,094.95, a PEG ratio of 16.33 and a beta of 1.22. Atlassian Corporation PLC has a 1-year low of $56.01 and a 1-year high of $214.77.

Atlassian (NASDAQ:TEAM) last announced its earnings results on Friday, August 7th. The technology company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.37. Atlassian had a positive return on equity of 20.99% and a negative net margin of 0.82%. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $0.98 earnings per share. The company’s revenue was up 27.6% on a year-over-year basis. On average, research analysts expect that Atlassian Corporation PLC will post 0.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Atlassian

Hedge funds have recently bought and sold shares of the company. Pictet Asset Management Holding SA grew its holdings in shares of Atlassian by 27.4% during the first quarter. Pictet Asset Management Holding SA now owns 5,031,413 shares of the technology company’s stock valued at $343,344,000 after purchasing an additional 1,080,561 shares during the last quarter. Carmignac Gestion lifted its holdings in shares of Atlassian by 115.8% in the 1st quarter. Carmignac Gestion now owns 2,603,770 shares of the technology company’s stock worth $177,707,000 after purchasing an additional 1,397,402 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Atlassian by 48.4% in the 1st quarter. First Trust Advisors LP now owns 2,349,842 shares of the technology company’s stock worth $160,377,000 after purchasing an additional 766,922 shares during 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 worth $98,281,000 after purchasing an additional 1,359,624 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Atlassian by 1,516.7% during the 1st quarter. SG Americas Securities LLC now owns 905,629 shares of the technology company’s stock valued at $61,809,000 after purchasing an additional 849,613 shares during the period. 94.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TEAM shares. Robert W. Baird lifted their price objective on Atlassian from $200.00 to $245.00 and gave the stock an “outperform” rating in a report on Monday, September 28th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Atlassian in a research note on Friday, July 17th. FBN Securities reissued an “outperform” rating and set a $170.00 price target on shares of Atlassian in a research report on Monday, August 10th. KeyCorp raised their price target 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. Finally, Wall Street Zen upgraded shares of Atlassian from a “hold” rating to a “buy” rating in a research note on Sunday, September 13th. Twenty-five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $194.15.

Key Headlines Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Royal Bank of Canada raised its price target for Atlassian from $215 to $235 and reiterated an “outperform” rating, implying continued upside and signaling confidence in the company’s growth prospects. Royal Bank of Canada Issues Positive Forecast for Atlassian Stock Price
• Positive Sentiment: Barclays also increased its price target, lifting it to $222 from $172. The upgrade supports the recent increase in TEAM shares, although the stock subsequently showed signs of cooling after reaching a 2026 high. Software Giant Looking to Cool Down After 2026 High
• Positive Sentiment: Atlassian’s leadership is emphasizing an AI strategy designed to have employees and software agents work together, potentially expanding automation opportunities across its collaboration and enterprise software products. Atlassian’s AI Strategy Aims to Get Humans and Agents Working Together
• Positive Sentiment: CEO commentary that Atlassian does not use Chinese AI models in production may reassure customers and investors concerned about data security, compliance, and geopolitical risks. Atlassian Does Not Use Chinese AI Models in Production
• Neutral Sentiment: TEAM has gained approximately 239% over six months, significantly outperforming broad-market benchmarks. The exceptional rally increases investor focus on execution and the company’s ability to convert AI investments into durable revenue and earnings growth. Can AI Deliver Enough to Justify Atlassian’s Valuation?
• Negative Sentiment: Chief Accounting Officer Gene Liu sold 337 shares for approximately $70,770. The transaction represented only 0.60% of his holdings, so it is a limited insider-selling signal, but it can add modest pressure to sentiment after the stock’s substantial advance. SEC Insider Trading Filing

About Atlassian

Atlassian Corporation develops collaboration, productivity and workflow-management software for technology, business and enterprise teams. Its products are designed to help organizations plan projects, manage software development, document and share knowledge, provide IT and customer support, and coordinate work across distributed teams.

Its product portfolio includes Jira for project and issue management, Confluence for team collaboration and knowledge sharing, Jira Service Management for IT service and support operations, and Trello for organizing tasks and projects.