Quantbot Technologies LP Cuts Stock Holdings in Atlassian Corporation PLC $TEAM

Quantbot Technologies LP lessened its stake in Atlassian Corporation PLC (NASDAQ:TEAM) by 17.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,107 shares of the technology company’s stock after selling 16,285 shares during the quarter. Quantbot Technologies LP’s holdings in Atlassian were worth $12,633,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Physician Wealth Advisors Inc. grew its position in Atlassian by 60.4% during the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Snowden Capital Advisors LLC lifted its stake in shares of Atlassian by 1.6% in the 2nd quarter. Snowden Capital Advisors LLC now owns 4,464 shares of the technology company’s stock valued at $907,000 after purchasing an additional 71 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Atlassian by 0.3% during the 2nd quarter. Cetera Investment Advisers now owns 24,808 shares of the technology company’s stock worth $5,038,000 after purchasing an additional 79 shares during the period. ABN Amro Investment Solutions increased its position in Atlassian by 3.4% during the 3rd quarter. ABN Amro Investment Solutions now owns 2,452 shares of the technology company’s stock worth $392,000 after purchasing an additional 80 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC lifted its position in Atlassian by 6.6% during the third quarter. Allegiance Financial Group Advisory Services LLC now owns 1,307 shares of the technology company’s stock valued at $209,000 after buying an additional 81 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Atlassian Stock Down 5.4%

Atlassian stock opened at $75.13 on Friday. Atlassian Corporation PLC has a 52 week low of $67.85 and a 52 week high of $287.26. 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 stock has a market cap of $19.81 billion, a price-to-earnings ratio of -104.35, a PEG ratio of 66.30 and a beta of 0.88. The company’s 50-day moving average price is $120.94 and its two-hundred day moving average price is $147.23.

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. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Atlassian had a negative return on equity of 6.33% and a negative net margin of 3.29%.The firm’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 earnings per share. On average, analysts expect that Atlassian Corporation PLC will post -0.34 EPS for the current fiscal year.

Insider Transactions at Atlassian

In related news, Director Scott Farquhar sold 7,665 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $161.79, for a total transaction of $1,240,120.35. Following the completion of the sale, the director directly owned 99,645 shares of the company’s stock, valued at $16,121,564.55. This represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $161.79, for a total value of $1,240,120.35. Following the completion of the transaction, the chief executive officer directly owned 107,310 shares in the company, valued at $17,361,684.90. This represents a 6.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 420,451 shares of company stock worth $60,453,896. 36.66% of the stock is owned by corporate insiders.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian launched an open beta for AI agents embedded in Jira, enabling both Atlassian and third‑party agent integrations that tie into broader protocols (Model Context Protocol). This extends agentic AI deeper into core products and could increase product stickiness and long‑term revenue growth. Atlassian AI Agents In Jira Test Investor Hopes For Workflow Adoption
• Positive Sentiment: Market reaction: earlier reports noted a sharp intraday jump after the agents announcement, showing investors are rewarding visible AI product progress. That rally indicates strong investor appetite for AI-driven workflow enhancements. Why Is Atlassian (TEAM) Stock Soaring Today
• Positive Sentiment: Analyst sentiment remains largely bullish — coverage highlights resilient fundamentals and an analyst consensus target materially above current levels, supporting upside expectations if execution on AI and product monetization continues. Atlassian (TEAM)’s Strong Fundamentals Retains Analyst Confidence
• Neutral Sentiment: Brand and marketing activity — Atlassian’s continued visibility through sponsorships and partnerships (Williams F1 fan zone, M&S travel kit partner) supports brand reach but has limited near‑term revenue impact. Atlassian Williams F1 Team Fan Zone presented by Kraken kicks off the season in Melbourne
• Neutral Sentiment: Published short‑interest figures in the feed appear to show zero shares and no short‑interest ratio — this looks like erroneous or incomplete data and shouldn’t be treated as a meaningful signal without confirmation from official exchanges. (No linked source — flagged in feeds.)
• Negative Sentiment: Pomerantz announced an investor investigation into Atlassian, which introduces legal overhang and potential headline risk; such probes can pressure sentiment until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors of Atlassian Corporation – TEAM

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TEAM. Robert W. Baird set a $140.00 target price on Atlassian in a research report on Friday, February 6th. Cantor Fitzgerald decreased their price target on shares of Atlassian from $240.00 to $146.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. KeyCorp dropped their price target on Atlassian from $210.00 to $170.00 and set an “overweight” rating on the stock in a research report on Friday, February 6th. Oppenheimer reduced their price objective on Atlassian from $275.00 to $150.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Finally, Canaccord Genuity Group set a $185.00 target price on Atlassian in a research note on Friday, February 6th. Twenty equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Atlassian currently has an average rating of “Moderate Buy” and an average target price of $189.32.

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.