Atlassian Corporation PLC $TEAM Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. grew its position in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 72.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,137 shares of the technology company’s stock after buying an additional 6,761 shares during the period. Machina Capital S.A.S.’s holdings in Atlassian were worth $2,577,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Capco Asset Management LLC bought a new position in Atlassian during the second quarter worth $25,000. Physician Wealth Advisors Inc. raised its holdings in shares of Atlassian by 60.4% during the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of Atlassian by 19,900.0% during the third quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company’s stock worth $32,000 after purchasing an additional 199 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Atlassian by 447.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock worth $42,000 after buying an additional 161 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Atlassian in the 3rd quarter valued at about $57,000. 94.45% of the stock is currently owned by institutional investors.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian announced a multi‑year partnership that integrates Anthropic’s Claude as the Atlassian Williams F1 Team’s “Official Thinking Partner,” raising the company’s profile in frontier AI integrations and offering potential product/commercial tie‑ins. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst previews (Zacks) expect Q2 to benefit from continued cloud adoption, AI tooling and steady demand for Jira/Confluence — fundamental drivers that could support revenue and limit downside at upcoming earnings. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Positive Sentiment: Some outlets and analysts highlight large upside potential for Atlassian tied to AI adoption trends — a positive thematic signal that could support a recovery if execution and guidance match expectations. Software Bear Market: 2 AI Stocks to Buy…
• Neutral Sentiment: Marketing/PR items tied to the Williams F1 sponsorship (new livery, ads) increase brand visibility but are unlikely to move fundamentals on their own. Atlassian Williams F1 Team reveals bold new racing livery for 2026
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical datapoint that currently appears immaterial to near‑term price pressure.
• Negative Sentiment: CEO Michael Cannon‑Brookes sold 7,665 shares (late Jan/early Feb), reducing his stake ~2.4%; repeated insider sales from top executives can weigh on investor sentiment even if proceeds are for diversification. SEC filing — CEO sale
• Negative Sentiment: Director/co‑founder Scott Farquhar sold an identical block of 7,665 shares on the same dates, amplifying concerns about insider conviction and contributing to near‑term selling pressure. SEC filing — Director sale

Atlassian Trading Down 7.7%

Shares of TEAM stock opened at $105.00 on Wednesday. Atlassian Corporation PLC has a fifty-two week low of $100.92 and a fifty-two week high of $326.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. The stock has a 50-day simple moving average of $147.45 and a 200 day simple moving average of $159.96. The stock has a market capitalization of $27.63 billion, a P/E ratio of -147.89, a P/E/G ratio of 17.61 and a beta of 0.88.

Insider Activity at Atlassian

In other news, President Anutthara Bharadwaj sold 9,847 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $152.46, for a total value of $1,501,273.62. Following the completion of the sale, the president directly owned 242,092 shares of the company’s stock, valued at $36,909,346.32. This represents a 3.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the business’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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 551,049 shares of company stock worth $82,050,502 in the last quarter. 36.66% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TEAM has been the topic of several research reports. Sanford C. Bernstein increased their price objective on shares of Atlassian from $290.00 to $304.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 18th. Jefferies Financial Group set a $262.00 price objective on Atlassian in a research note on Thursday, January 15th. BTIG Research reaffirmed a “buy” rating and issued a $220.00 target price on shares of Atlassian in a research report on Tuesday, January 13th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $240.00 target price on shares of Atlassian in a research note on Friday, October 31st. Finally, Citigroup reduced their price target on shares of Atlassian from $240.00 to $210.00 and set a “buy” rating for the company in a report on Friday, January 16th. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $227.60.

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.