Gene Liu Sells 1,125 Shares of Atlassian (NASDAQ:TEAM) Stock

Atlassian Corporation PLC (NASDAQ:TEAM) CAO Gene Liu sold 1,125 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $175.00, for a total value of $196,875.00. Following the transaction, the chief accounting officer owned 56,807 shares of the company’s stock, valued at approximately $9,941,225. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Gene Liu also recently made the following trade(s):

• On Friday, August 14th, Gene Liu sold 815 shares of Atlassian stock. The stock was sold at an average price of $163.00, for a total transaction of $132,845.00.
• On Thursday, August 13th, Gene Liu sold 737 shares of Atlassian stock. The stock was sold at an average price of $165.00, for a total transaction of $121,605.00.

Atlassian Trading Down 1.8%

TEAM opened at $171.81 on Friday. The stock has a market capitalization of $43.60 billion, a PE ratio of -904.26, a P/E/G ratio of 13.74 and a beta of 1.05. The firm’s fifty day moving average price is $105.84 and its 200 day moving average price is $89.49. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.78 and a quick ratio of 0.70. Atlassian Corporation PLC has a 12-month low of $56.01 and a 12-month high of $184.00.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings data on Friday, August 7th. The technology company reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.37. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.66 billion. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period last year, the business earned $0.98 EPS. As a group, research analysts expect that Atlassian Corporation PLC will post 0.94 EPS for the current fiscal year.

Atlassian News Roundup

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian’s latest quarterly results remain a key supporting factor: revenue rose 27.6% year over year to $1.77 billion, exceeding expectations, while earnings of $1.87 per share surpassed the $1.50 consensus estimate. Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
• Positive Sentiment: Analyst sentiment remains generally favorable, with 24 Buy ratings, four Holds and one Sell. Recent firms raised price targets, including Truist to $185, Jefferies to $200 and Wells Fargo to $180, while the consensus target is approximately $177. Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
• Neutral Sentiment: A comparison of Atlassian, HubSpot and Monday.com highlights significant differences in 2026 stock performance, suggesting that company-specific execution—not broad software-sector weakness—is driving investor returns. Which Software Stock Is Winning in 2026
• Negative Sentiment: Multiple executives reported stock sales on August 19. CFO James Chuong sold 9,054 shares worth about $1.6 million, reducing his direct holdings by roughly 3%; CAO Gene Liu sold 1,125 shares worth $196,875, cutting his position by about 1.9%. CRO Brian Duffy also sold 1,851 shares worth approximately $319,000. The sales may weigh on sentiment, although Chuong’s and Duffy’s transactions were identified as covering tax obligations tied to vested equity awards. Atlassian CFO James Chuong Sells 9,054 Shares
• Negative Sentiment: TEAM’s strong rally has left the stock trading near its 52-week high, with a very elevated valuation and a still-negative net margin. That increases the risk of profit-taking when insiders sell or when investors question whether future growth can justify the current price.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group upped their price objective on Atlassian from $95.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Oppenheimer lifted their target price on Atlassian from $110.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Citizens Jmp reiterated a “market perform” rating on shares of Atlassian in a report on Wednesday, July 1st. Bank of America raised Atlassian from a “neutral” rating to a “buy” rating and set a $175.00 price target on the stock in a research report on Friday, August 7th. Finally, Piper Sandler reduced their price objective on Atlassian from $200.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Twenty-four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.23.

Hedge Funds Weigh In On Atlassian

Institutional investors have recently made changes to their positions in the stock. MV Capital Management Inc. acquired a new position in Atlassian during the 4th quarter valued at approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Atlassian during the second quarter valued at $27,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Atlassian by 139.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 378 shares of the technology company’s stock worth $29,000 after acquiring an additional 220 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of Atlassian in the 1st quarter worth about $30,000. Finally, State of Wyoming lifted its position in Atlassian by 65.7% in the 1st quarter. State of Wyoming now owns 449 shares of the technology company’s stock valued at $31,000 after purchasing an additional 178 shares during the last quarter. 94.45% of the stock is owned by institutional investors.

About Atlassian

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.