Short Interest in Atlassian Corporation PLC (NASDAQ:TEAM) Rises By 25.9%

Atlassian Corporation PLC (NASDAQ:TEAM) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 7,492,123 shares, a growth of 25.9% from the December 31st total of 5,952,013 shares. Based on an average daily trading volume, of 3,604,209 shares, the short-interest ratio is currently 2.1 days. Currently, 4.5% of the shares of the company are short sold. Currently, 4.5% of the shares of the company are short sold. Based on an average daily trading volume, of 3,604,209 shares, the short-interest ratio is currently 2.1 days.

Insiders Place Their Bets

In related news, Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $153.77, for a total value of $1,178,647.05. Following the completion of the transaction, the director owned 237,615 shares of the company’s stock, valued at approximately $36,538,058.55. This represents a 3.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Anutthara Bharadwaj sold 9,847 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $152.46, for a total transaction of $1,501,273.62. Following the completion of the sale, the president directly owned 242,092 shares of the company’s stock, valued at approximately $36,909,346.32. The trade was a 3.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 551,049 shares of company stock worth $82,759,668. Company insiders own 36.66% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. DNB Asset Management AS raised its stake in Atlassian by 266.6% during the third quarter. DNB Asset Management AS now owns 2,806,888 shares of the technology company’s stock worth $448,260,000 after purchasing an additional 2,041,210 shares during the period. Norges Bank acquired a new stake in shares of Atlassian during the 2nd quarter worth $377,794,000. Artisan Partners Limited Partnership raised its position in shares of Atlassian by 66.3% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,878,133 shares of the technology company’s stock worth $787,610,000 after buying an additional 1,545,546 shares during the period. Pictet Asset Management Holding SA boosted its holdings in Atlassian by 38.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,950,852 shares of the technology company’s stock valued at $640,628,000 after acquiring an additional 1,090,787 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Atlassian by 6.0% during the third quarter. Vanguard Group Inc. now owns 18,479,561 shares of the technology company’s stock valued at $2,951,186,000 after acquiring an additional 1,049,483 shares during the period. 94.45% of the stock is owned by hedge funds and other institutional investors.

Atlassian Stock Performance

Shares of Atlassian stock traded down $8.86 during trading hours on Tuesday, hitting $104.84. 6,096,671 shares of the company were exchanged, compared to its average volume of 4,837,483. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72. The business has a 50-day moving average of $148.33 and a 200-day moving average of $160.59. Atlassian has a 1 year low of $100.92 and a 1 year high of $326.00. The stock has a market capitalization of $27.58 billion, a price-to-earnings ratio of -147.16, a P/E/G ratio of 18.30 and a beta of 0.88.

Key Headlines Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian-backed Williams F1 announced a multi‑year partnership integrating Anthropic’s Claude as the team’s “Official Thinking Partner,” positioning Atlassian at the center of a high‑profile AI partnership that boosts brand visibility and demonstrates enterprise AI integration use cases. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst previews (Zacks) expect Atlassian’s Q2 to benefit from ongoing cloud adoption, adoption of AI tools and steady demand for Jira/Confluence — fundamentals that could support upside if revenue/ARR trends beat expectations. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Positive Sentiment: Some Wall Street commentary highlights large upside scenarios for Atlassian tied to AI momentum, with media pieces noting analysts who see substantial multi‑quarter gains — a bullish narrative that can attract speculative flows. Software Bear Market: 2 AI Stocks to Buy Before They Soar
• Neutral Sentiment: Williams F1 revealed a new racing livery tied to the partnership — positive for marketing but unlikely to move fundamentals materially. Atlassian Williams F1 Team reveals bold new racing livery for 2026
• Neutral Sentiment: Short‑interest reporting shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical data point that currently appears immaterial to selling pressure.
• Negative Sentiment: Insider selling: CEO Michael Cannon‑Brookes sold 7,665 shares on Jan. 30 (~$119.15 avg), trimming his stake; such executive sales can create near‑term negative sentiment even if for diversification. SEC filing — CEO sale
• Negative Sentiment: Co‑founder/director Scott Farquhar sold an identical block (7,665 shares at $119.15) on the same date — combined top‑executive selling amplifies investor concern about insider conviction near a sensitive earnings period. SEC filing — Director sale

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group set a $145.00 price target on shares of Atlassian in a research note on Tuesday, January 27th. TD Cowen cut their price target on Atlassian from $205.00 to $175.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. Jefferies Financial Group set a $262.00 price target on Atlassian in a research report on Thursday, January 15th. Piper Sandler reiterated an “overweight” rating on shares of Atlassian in a research note on Tuesday, January 13th. Finally, Macquarie decreased their price objective on shares of Atlassian from $250.00 to $240.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Twenty analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Atlassian currently has a consensus rating of “Moderate Buy” and a consensus price target of $227.60.

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.