CI Investments Inc. Buys 15,221 Shares of Atlassian Corporation PLC $TEAM

CI Investments Inc. raised its stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 97.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 30,870 shares of the technology company’s stock after purchasing an additional 15,221 shares during the period. CI Investments Inc.’s holdings in Atlassian were worth $4,930,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. SBI Securities Co. Ltd. raised its holdings in Atlassian by 50.7% during the third quarter. SBI Securities Co. Ltd. now owns 40,546 shares of the technology company’s stock valued at $6,475,000 after acquiring an additional 13,643 shares during the period. Intech Investment Management LLC grew its position in shares of Atlassian by 180.3% during the third quarter. Intech Investment Management LLC now owns 140,984 shares of the technology company’s stock worth $22,515,000 after purchasing an additional 90,692 shares in the last quarter. Mediolanum International Funds Ltd raised its stake in Atlassian by 108.4% during the 3rd quarter. Mediolanum International Funds Ltd now owns 41,963 shares of the technology company’s stock valued at $6,937,000 after purchasing an additional 21,829 shares during the period. Westfield Capital Management Co. LP lifted its holdings in Atlassian by 56.5% in the 3rd quarter. Westfield Capital Management Co. LP now owns 322,438 shares of the technology company’s stock worth $51,493,000 after purchasing an additional 116,470 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in Atlassian by 20.3% in the 3rd quarter. Nordea Investment Management AB now owns 721,690 shares of the technology company’s stock worth $114,695,000 after purchasing an additional 121,541 shares during the period. Institutional investors own 94.45% of the company’s stock.

Atlassian Trading Down 2.0%

TEAM opened at $76.81 on Thursday. The stock has a 50-day moving average of $115.77 and a 200 day moving average of $145.30. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.62. Atlassian Corporation PLC has a 12 month low of $67.85 and a 12 month high of $277.20. The firm has a market cap of $20.26 billion, a P/E ratio of -106.68, a P/E/G ratio of 310.48 and a beta of 0.94.

Atlassian (NASDAQ:TEAM) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.10. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Atlassian had a negative return on equity of 6.33% and a negative net margin of 3.29%.The company’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 earnings per share. As a group, research analysts forecast that Atlassian Corporation PLC will post -0.34 EPS for the current year.

Key Headlines Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Product and leadership upgrade — Atlassian launched an open beta for AI agents in Jira and committed to open AI integrations (Model Context Protocol), and appointed former LinkedIn CFO James Chuong, signaling a push to reframe growth around AI-enabled workflow automation and stronger finance leadership. Atlassian AI Agents And New CFO Put Valuation Gap In Focus
• Positive Sentiment: Bounce on bargain hunting — after falling to an eight‑year low, the stock staged a short-term rebound as investors bought the dip, indicating some opportunistic demand and short-term support near recent lows. Atlassian (TEAM) Bounced Back 6.2% After Hitting 8-Year Low
• Neutral Sentiment: Management presentation — Atlassian presented at the Morgan Stanley TMT conference; management commentary reiterates strategic priorities (AI, platform integrations and efficiency) but offered no major new financial guidance that would immediately change the valuation story. Atlassian Corporation (TEAM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Negative Sentiment: Analysts cutting price targets — several firms trimmed targets after the fiscal Q2 report (Citi cut its target from $210 to $160 while keeping a Buy), reflecting concern about slowing growth and valuation compression; downward revisions pressure sentiment and the stock multiple. Analysts Cut Atlassian Corporation (TEAM) Price Targets After Fiscal Q2 Report
• Negative Sentiment: Weak fundamentals drove prior sell-off — coverage notes the 36% February decline was driven by slowing top‑line momentum and a GAAP loss despite a beat on revenue, keeping near-term growth concerns front-and-center for investors. Why Atlassian Stock Fell 36% in February
• Negative Sentiment: Investor litigation risk — Pomerantz LLP announced an investigation into investor claims related to Atlassian, introducing potential legal overhang and uncertainty. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Atlassian Corporation – TEAM
• Neutral Sentiment: Short interest data appears anomalous — recent short-interest reports in the feed show zeros/NaN and likely aren’t reliable; monitor filings for any true change in short positioning. (No direct link available.)

Insider Buying and Selling at Atlassian

In related news, CEO Michael Cannon-Brookes sold 7,665 shares of Atlassian stock in a transaction dated 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 transaction, the chief executive officer directly owned 107,310 shares of the company’s stock, valued at approximately $17,361,684.90. The trade was a 6.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction dated 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 transaction, the director owned 99,645 shares in the company, valued at $16,121,564.55. The trade was a 7.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 405,121 shares of company stock valued at $58,076,519 over the last ninety days. 36.66% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. BTIG Research lowered their target price on shares of Atlassian from $220.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Atlassian in a research note on Wednesday, January 21st. Barclays cut their price objective on Atlassian from $215.00 to $165.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. UBS Group reiterated a “neutral” rating and issued a $105.00 target price on shares of Atlassian in a research report on Friday, February 6th. Finally, Jefferies Financial Group set a $150.00 price target on Atlassian in a research note on Friday, February 6th. Twenty equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Atlassian has a consensus rating of “Moderate Buy” and a consensus price target of $189.32.

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.