2 weeks Ago By ABMN Staff
CreativeOne Wealth LLC acquired a new position in shares of Atlassian Co. ( NASDAQ:TEAM – Free Report ) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 909 shares of the technology company’s stock, valued at approximately $221,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp bought a new stake in shares of Atlassian in the 4th quarter valued at about $27,000. Summit Securities Group LLC purchased a new stake in Atlassian during the fourth quarter valued at approximately $38,000.
Pilgrim Partners Asia Pte Ltd acquired a new stake in Atlassian in the fourth quarter valued at approximately $39,000. Avion Wealth increased its position in shares of Atlassian by 1,308.3% during the fourth quarter.
Avion Wealth now owns 169 shares of the technology company’s stock worth $41,000 after purchasing an additional 157 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Atlassian by 30.
6% during the 4th quarter. Assetmark Inc. now owns 175 shares of the technology company’s stock valued at $43,000 after purchasing an additional 41 shares during the last quarter.
Hedge funds and other institutional investors own 94.45% of the company’s stock. Wall Street Analyst Weigh In TEAM has been the topic of several research analyst reports.
Piper Sandler boosted their target price on Atlassian from $310.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st.
Mizuho increased their price objective on shares of Atlassian from $285.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, January 31st.
Baird R W upgraded shares of Atlassian from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. BMO Capital Markets decreased their price target on shares of Atlassian from $360.00 to $295.
00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Finally, StockNews.com downgraded shares of Atlassian from a “buy” rating to a “hold” rating in a research note on Monday, March 31st.
Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $297.73.
Insider Buying and Selling at Atlassian In related news, Director Scott Farquhar sold 7,948 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $255.71, for a total value of $2,032,383.
08. Following the transaction, the director now owns 381,504 shares in the company, valued at approximately $97,554,387.84.
This trade represents a 2.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website .
Also, President Anutthara Bharadwaj sold 1,723 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $305.84, for a total transaction of $526,962.
32. Following the sale, the president now directly owns 199,934 shares of the company’s stock, valued at approximately $61,147,814.56.
This trade represents a 0.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 261,513 shares of company stock worth $67,123,959 in the last 90 days. 38.55% of the stock is owned by company insiders.
Atlassian Stock Down 1.2 % Shares of NASDAQ TEAM opened at $202.75 on Monday.
The company has a debt-to-equity ratio of 0.81, a current ratio of 1.24 and a quick ratio of 1.
24. The firm’s 50-day moving average is $239.67 and its two-hundred day moving average is $243.
31. Atlassian Co. has a 12-month low of $135.
29 and a 12-month high of $326.00. The company has a market capitalization of $53.
12 billion, a PE ratio of -151.30 and a beta of 1.07.
Atlassian ( NASDAQ:TEAM – Get Free Report ) last posted its quarterly earnings data on Thursday, January 30th. The technology company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.
73 by ($0.85). Atlassian had a negative return on equity of 17.
37% and a negative net margin of 7.22%. Equities analysts anticipate that Atlassian Co.
will post -0.34 EPS for the current fiscal year. About Atlassian ( Free Report ) Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide.
Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. Featured Articles Receive News & Ratings for Atlassian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlassian and related companies with MarketBeat.com's FREE daily email newsletter .
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