Strengthening Families & Communities LLC Has $971,000 Holdings in Atlassian Corporation PLC $TEAM

Strengthening Families & Communities LLC increased its position in shares of Atlassian Corporation PLC (NASDAQ:TEAM) by 3,102.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,084 shares of the technology company’s stock after buying an additional 5,894 shares during the period. Strengthening Families & Communities LLC’s holdings in Atlassian were worth $971,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its stake in shares of Atlassian by 60.4% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Atlantic Union Bankshares Corp grew its holdings in Atlassian by 19,900.0% during the third quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company’s stock worth $32,000 after purchasing an additional 199 shares during the period. Jones Financial Companies Lllp raised its stake in Atlassian by 42.7% in the third quarter. Jones Financial Companies Lllp now owns 2,319 shares of the technology company’s stock valued at $386,000 after buying an additional 694 shares during the period. Mediolanum International Funds Ltd lifted its position in shares of Atlassian by 108.4% in the third quarter. Mediolanum International Funds Ltd now owns 41,963 shares of the technology company’s stock valued at $6,937,000 after buying an additional 21,829 shares during the last quarter. Finally, Frank Rimerman Advisors LLC bought a new position in shares of Atlassian during the 3rd quarter worth approximately $257,000. Institutional investors and hedge funds own 94.45% of the company’s stock.

Atlassian Stock Performance

NASDAQ TEAM opened at $113.70 on Tuesday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. Atlassian Corporation PLC has a 12-month low of $113.47 and a 12-month high of $326.00. The firm has a 50-day moving average price of $148.33 and a two-hundred day moving average price of $160.59. The company has a market capitalization of $29.92 billion, a P/E ratio of -160.14, a P/E/G ratio of 18.30 and a beta of 0.88.

Insiders Place Their Bets

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $119.15, for a total transaction of $913,284.75. Following the sale, the chief executive officer directly owned 314,265 shares of the company’s stock, valued at approximately $37,444,674.75. This represents a 2.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $119.15, for a total transaction of $913,284.75. Following the completion of the transaction, the director directly owned 314,265 shares in the company, valued at approximately $37,444,674.75. This represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 551,049 shares of company stock valued at $82,759,668. Corporate insiders own 36.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Atlassian in a research note on Wednesday, January 21st. BMO Capital Markets increased their price objective on shares of Atlassian from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Sanford C. Bernstein lifted their target price on shares of Atlassian from $290.00 to $304.00 and gave the stock an “outperform” rating in a report on Tuesday, November 18th. Jefferies Financial Group set a $262.00 price target on shares of Atlassian in a report on Thursday, January 15th. Finally, Truist Financial set a $210.00 price objective on Atlassian in a report on Friday, October 31st. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $227.60.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian and Anthropic/Williams F1 announced a multi‑year partnership to integrate Anthropic’s Claude across the Williams F1 team, highlighting Atlassian’s positioning in AI partnerships and product integration opportunities that could support enterprise demand and brand visibility. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst preview from Zacks expects Q2 to benefit from strong cloud adoption, AI tools and continued demand for Jira and Confluence — a fundamental tailwind that supports revenue growth expectations ahead of earnings. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Media commentary notes Atlassian may have upside despite broader negative sentiment in the software sector; this is more thematic and less company‑specific. Atlassian Corporation (TEAM) has upside despite negative software sentiment
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical data point that currently appears immaterial to price pressure.
• Negative Sentiment: CEO Michael Cannon‑Brookes sold 7,665 shares on Jan. 30 at an average $119.15 (≈$913K), reducing his stake ~2.38%; insider selling can create near‑term negative sentiment among investors. SEC filing — CEO sale
• Negative Sentiment: Director Scott Farquhar sold an identical block (7,665 shares at $119.15) on Jan. 30, also reducing his stake ~2.38%; combined insider sales from top executives amplify concerns about conviction even if sales may be routine or for diversification. SEC filing — Director sale

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.