C M Bidwell & Associates Ltd. Makes New $366,000 Investment in Atlassian Corporation PLC $TEAM

C M Bidwell & Associates Ltd. acquired a new position in Atlassian Corporation PLC (NASDAQ:TEAM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,699 shares of the technology company’s stock, valued at approximately $366,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TEAM. NewEdge Advisors LLC raised its position in Atlassian by 71.6% in the first quarter. NewEdge Advisors LLC now owns 5,432 shares of the technology company’s stock valued at $1,153,000 after purchasing an additional 2,267 shares during the period. Empowered Funds LLC boosted its position in shares of Atlassian by 39.5% in the first quarter. Empowered Funds LLC now owns 4,689 shares of the technology company’s stock worth $995,000 after buying an additional 1,328 shares during the period. Focus Partners Wealth boosted its position in shares of Atlassian by 32.6% in the first quarter. Focus Partners Wealth now owns 4,122 shares of the technology company’s stock worth $875,000 after buying an additional 1,014 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Atlassian by 447.2% in the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock valued at $42,000 after buying an additional 161 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its position in Atlassian by 27.5% in the second quarter. Sivia Capital Partners LLC now owns 1,873 shares of the technology company’s stock valued at $380,000 after acquiring an additional 404 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

Atlassian Stock Performance

Atlassian stock opened at $171.81 on Friday. The stock has a market cap of $43.60 billion, a P/E ratio of -904.26, a price-to-earnings-growth ratio of 13.74 and a beta of 1.05. The company has a current ratio of 0.78, a quick ratio of 0.70 and a debt-to-equity ratio of 0.93. The stock has a 50 day moving average of $105.84 and a 200-day moving average of $89.49. Atlassian Corporation PLC has a 52 week low of $56.01 and a 52 week high of $184.00.

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

Key Stories Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
• Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
• Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
• Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
• Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

Insiders Place Their Bets

In other news, CFO James Chuong sold 9,054 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $172.45, for a total value of $1,561,362.30. Following the sale, the chief financial officer owned 279,218 shares in the company, valued at approximately $48,151,144.10. This represents a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Brian Duffy sold 7,617 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $163.00, for a total transaction of $1,241,571.00. Following the transaction, the executive directly owned 220,074 shares in the company, valued at $35,872,062. The trade was a 3.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 30,349 shares of company stock valued at $4,418,849 in the last ninety days. Corporate insiders own 36.66% of the company’s stock.

Analysts Set New Price Targets

TEAM has been the topic of a number of analyst reports. Citigroup lifted their price objective on shares of Atlassian from $110.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atlassian in a report on Friday, July 17th. Guggenheim lifted their price target on shares of Atlassian from $115.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. BMO Capital Markets boosted their price objective on shares of Atlassian from $95.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, TD Cowen upped their price objective on shares of Atlassian from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Atlassian presently has an average rating of “Moderate Buy” and a consensus price target of $177.23.

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.