SeaCrest Wealth Management LLC bought a new stake in Atlassian Co. PLC (NASDAQ:TEAM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,425 shares of the technology company’s stock, valued at approximately $201,000.

Several other institutional investors have also recently bought and sold shares of the company. Macquarie Group Ltd. lifted its holdings in shares of Atlassian by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 49,354 shares of the technology company’s stock valued at $1,736,000 after purchasing an additional 375 shares during the last quarter. BlueCrest Capital Management Ltd lifted its holdings in shares of Atlassian by 10.0% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 8,133 shares of the technology company’s stock valued at $286,000 after purchasing an additional 741 shares during the last quarter. Thompson Davis & CO. Inc. lifted its holdings in shares of Atlassian by 431.8% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 2,925 shares of the technology company’s stock valued at $103,000 after purchasing an additional 2,375 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD lifted its holdings in shares of Atlassian by 3.3% in the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 79,001 shares of the technology company’s stock valued at $2,776,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Aperio Group LLC lifted its holdings in shares of Atlassian by 16.8% in the 3rd quarter. Aperio Group LLC now owns 18,432 shares of the technology company’s stock valued at $648,000 after purchasing an additional 2,646 shares during the last quarter. 80.41% of the stock is owned by institutional investors and hedge funds.

Atlassian Co. PLC (NASDAQ:TEAM) opened at $51.22 on Tuesday. Atlassian Co. PLC has a 52-week low of $28.25 and a 52-week high of $55.91. The stock has a market capitalization of $11,900.00 and a P/E ratio of -100.43.

TEAM has been the topic of several recent research reports. Oppenheimer boosted their price target on Atlassian to $50.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Summit Redstone restated a “buy” rating on shares of Atlassian in a research report on Thursday, October 19th. Cowen restated an “outperform” rating and issued a $55.00 price target (up previously from $47.00) on shares of Atlassian in a research report on Friday, October 20th. Zacks Investment Research cut Atlassian from a “buy” rating to a “hold” rating in a research report on Saturday, November 11th. Finally, Jefferies Group boosted their price target on Atlassian to $64.00 and gave the company a “buy” rating in a research report on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $55.90.

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About Atlassian

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 (NASDAQ:TEAM)

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