UBS Asset Management Americas Inc. lifted its position in Atlassian Corporation PLC (NASDAQ:TEAM) by 2.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 84,266 shares of the technology company’s stock after buying an additional 1,685 shares during the period. UBS Asset Management Americas Inc.’s holdings in Atlassian Corporation PLC were worth $2,964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Janus Capital Management LLC lifted its stake in shares of Atlassian Corporation PLC by 2.8% in the first quarter. Janus Capital Management LLC now owns 7,110,873 shares of the technology company’s stock worth $212,971,000 after buying an additional 191,710 shares in the last quarter. FMR LLC lifted its stake in shares of Atlassian Corporation PLC by 354.8% in the first quarter. FMR LLC now owns 2,189,836 shares of the technology company’s stock worth $65,586,000 after buying an additional 1,708,347 shares in the last quarter. Gilder Gagnon Howe & Co. LLC lifted its stake in shares of Atlassian Corporation PLC by 10.5% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 558,069 shares of the technology company’s stock worth $19,633,000 after buying an additional 52,872 shares in the last quarter. Clearbridge Investments LLC lifted its stake in shares of Atlassian Corporation PLC by 17.2% in the first quarter. Clearbridge Investments LLC now owns 483,826 shares of the technology company’s stock worth $14,491,000 after buying an additional 70,974 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in shares of Atlassian Corporation PLC by 31.1% in the second quarter. New York State Common Retirement Fund now owns 380,236 shares of the technology company’s stock worth $13,377,000 after buying an additional 90,287 shares in the last quarter. Hedge funds and other institutional investors own 78.57% of the company’s stock.

TEAM has been the topic of several analyst reports. Robert W. Baird reiterated a “buy” rating and issued a $43.00 target price on shares of Atlassian Corporation PLC in a research note on Thursday, September 14th. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Atlassian Corporation PLC in a research note on Friday, September 8th. Zacks Investment Research upgraded shares of Atlassian Corporation PLC from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a research note on Friday, July 14th. Cowen and Company reiterated a “buy” rating and issued a $43.00 target price on shares of Atlassian Corporation PLC in a research note on Friday, July 28th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $44.00 target price on shares of Atlassian Corporation PLC in a research note on Friday, September 15th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Atlassian Corporation PLC presently has a consensus rating of “Buy” and a consensus price target of $40.50.

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Atlassian Corporation PLC Company Profile

Atlassian Corporation Plc is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers, information technology (IT) managers and knowledge workers. The Company offers JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications.

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Institutional Ownership by Quarter for Atlassian Corporation PLC (NASDAQ:TEAM)

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