Atlassian Corporation PLC $TEAM Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. raised its stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 275,640 shares of the technology company’s stock after buying an additional 16,852 shares during the period. Bessemer Group Inc. owned approximately 0.11% of Atlassian worth $44,020,000 as of its most recent SEC filing.

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

Key Stories 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

Insider Buying and Selling at Atlassian

In other news, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $105.14, for a total value of $805,898.10. Following the completion of the sale, the director owned 291,270 shares of the company’s stock, valued at $30,624,127.80. This trade represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Michael Cannon-Brookes sold 7,665 shares of Atlassian stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $105.14, for a total value of $805,898.10. Following the transaction, the chief executive officer owned 291,270 shares in the company, valued at $30,624,127.80. This represents a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 551,049 shares of company stock worth $81,277,257. Company insiders own 36.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on TEAM shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Atlassian in a research report on Wednesday, January 21st. Canaccord Genuity Group reiterated a “buy” rating and issued a $230.00 target price on shares of Atlassian in a report on Wednesday, October 22nd. Jefferies Financial Group set a $262.00 target price on shares of Atlassian in a report on Thursday, January 15th. KeyCorp decreased their price target on shares of Atlassian from $250.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, October 23rd. Finally, UBS Group set a $145.00 price objective on Atlassian in a research report on Tuesday, January 27th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $221.44.

Atlassian Stock Down 6.3%

TEAM stock opened at $98.41 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $25.89 billion, a P/E ratio of -138.60, a P/E/G ratio of 16.27 and a beta of 0.88. Atlassian Corporation PLC has a 52-week low of $97.93 and a 52-week high of $326.00. The company’s 50 day simple moving average is $145.60 and its 200-day simple moving average is $159.15.

About Atlassian

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.