Temasek Holdings Private Ltd Purchases Shares of 433,165 Atlassian Corporation PLC $TEAM

Temasek Holdings Private Ltd acquired a new stake in Atlassian Corporation PLC (NASDAQ:TEAM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 433,165 shares of the technology company’s stock, valued at approximately $69,176,000. Temasek Holdings Private Ltd owned approximately 0.16% of Atlassian as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capco Asset Management LLC bought a new stake in Atlassian in the second quarter valued at about $25,000. Physician Wealth Advisors Inc. raised its position in Atlassian by 60.4% in 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 in the last quarter. Atlantic Union Bankshares Corp lifted its stake in 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 stake in Atlassian by 447.2% during the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock worth $42,000 after purchasing an additional 161 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Atlassian during the third quarter valued at approximately $57,000. 94.45% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Scott Farquhar sold 7,665 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $162.53, for a total transaction of $1,245,792.45. Following the sale, the director owned 22,995 shares in the company, valued at approximately $3,737,377.35. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the firm’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $163.66, for a total value of $1,254,453.90. Following the completion of the sale, the chief executive officer owned 7,665 shares of the company’s stock, valued at approximately $1,254,453.90. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 343,273 shares of company stock worth $48,101,379. Insiders own 36.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TEAM shares. TD Cowen lowered their price objective on Atlassian from $205.00 to $175.00 and set a “hold” rating on the stock in a research note on Tuesday, January 20th. Piper Sandler restated an “overweight” rating and set a $200.00 target price (down from $280.00) on shares of Atlassian in a research report on Friday, February 6th. KeyCorp decreased their price target on Atlassian from $210.00 to $170.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Wells Fargo & Company lowered their price target on Atlassian from $216.00 to $155.00 and set an “overweight” rating on the stock in a research report on Friday, February 6th. Finally, UBS Group reiterated a “neutral” rating and set a $105.00 price objective on shares of Atlassian in a research note on Friday, February 6th. Twenty-one analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Atlassian currently has an average rating of “Moderate Buy” and an average target price of $185.12.

Atlassian Stock Performance

NASDAQ TEAM opened at $75.21 on Friday. Atlassian Corporation PLC has a 1-year low of $67.85 and a 1-year high of $242.00. The company has a 50 day moving average of $104.18 and a 200-day moving average of $141.12. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.62. The firm has a market cap of $19.84 billion, a price-to-earnings ratio of -104.46, a PEG ratio of 290.51 and a beta of 0.94.

Atlassian (NASDAQ:TEAM) last announced its earnings results on Thursday, February 5th. The technology company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.12 by $0.10. Atlassian had a negative return on equity of 6.33% and a negative net margin of 3.29%.The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the business earned $0.96 EPS. Atlassian’s revenue was up 23.3% compared to the same quarter last year. On average, equities analysts forecast that Atlassian Corporation PLC will post -0.34 earnings per share for the current fiscal year.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Workforce cut framed as a productivity and margin play — several outlets reported the market initially viewed the ~1,600-job reduction as a disciplined step to reallocate resources toward higher-return AI and enterprise sales initiatives, which can support faster path to profitability. Atlassian shares rise after workforce reduction announcement
• Positive Sentiment: Analyst stance not uniformly bearish — the Street consensus remains constructive (a “Moderate Buy” in recent coverage) and Mizuho retains an outperform view despite lowering its price target to $185, signaling some analysts see material upside if the AI/enterprise pivot delivers. Atlassian Receives Consensus Recommendation of “Moderate Buy” Mizuho PT lowered to $185
• Neutral Sentiment: Short-interest reporting in recent data is unreliable/zero and doesn’t provide a meaningful signal for current positioning (tells us little about forced selling risk). (Data entry)
• Negative Sentiment: Significant one-time charges and leadership change — Atlassian disclosed an estimated $225M–$236M in restructuring charges and said longtime CTO Rajeev Rajan is stepping down; those details amplified downside as investors priced the near-term hit to earnings and execution risk around the AI pivot. Atlassian (TEAM) Is Down 11.1% After Restructuring To Fund AI And Enterprise Sales Pivot
• Negative Sentiment: Layoffs concentrated in R&D raise execution and product-cycle questions — reports note >900 R&D roles affected, which could slow product development even as the company shifts priorities; this feeds short-term uncertainty about roadmap delivery. Atlassian to reduce headcount by 10% as it restructures around AI
• Negative Sentiment: Reputational/strategic risk: critics warn of “AI-washing” — coverage and commentary question whether layoffs are genuine productivity moves or cosmetic AI repositioning, which can weigh on investor confidence if the strategy lacks clear near-term revenue pathways. Atlassian Layoffs Reignite Conversations Around The Rise Of AI Washing in 2026
• Negative Sentiment: Valuation and sentiment already under pressure — bearish price forecasts and a steep YTD/1‑yr decline have left the stock vulnerable to downside momentum if execution doubts persist. Atlassian Price Prediction: Down 66%, TEAM Could Hit $185 Next

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.