Atlassian (NASDAQ:TEAM) CAO Sells 337 Shares of Stock

October 14, 2026 by InsiderTrades.com

Key Points

Atlassian CAO Gene Liu sold 337 shares at $210 each for $70,770, reducing his holdings by 0.60% to 55,531 shares. He also made several sales in August.
Atlassian shares opened at $208.04, near their 52-week high of $214.77, after gaining approximately 239% over six months. The stock has a “Moderate Buy” consensus rating, with analysts’ average price target at $194.15.
The company recently exceeded quarterly expectations, reporting $1.87 in EPS and $1.77 billion in revenue, up 27.6% year over year. Institutional investors and hedge funds own 94.45% of the stock, while RBC and Barclays recently raised their price targets.

Atlassian Corporation PLC (NASDAQ:TEAM - Get Free Report) CAO Gene Liu sold 337 shares of the company's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $210.00, for a total transaction of $70,770.00. Following the transaction, the chief accounting officer owned 55,531 shares of the company's stock, valued at $11,661,510. This represents a 0.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

On Friday, August 28th, Gene Liu sold 939 shares of Atlassian stock. The shares were sold at an average price of $190.00, for a total transaction of $178,410.00.
On Wednesday, August 19th, Gene Liu sold 1,125 shares of Atlassian stock. The shares were sold at an average price of $175.00, for a total transaction of $196,875.00.
On Friday, August 14th, Gene Liu sold 815 shares of Atlassian stock. The shares were 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 Price Performance

Shares of NASDAQ:TEAM opened at $208.04 on Wednesday. The firm's 50 day moving average is $179.66 and its two-hundred day moving average is $117.47. Atlassian Corporation PLC has a 52 week low of $56.01 and a 52 week high of $214.77. The firm has a market capitalization of $52.79 billion, a P/E ratio of -1,094.95, a PEG ratio of 16.33 and a beta of 1.22. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.93.

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Atlassian (NASDAQ:TEAM - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The technology company reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.37. Atlassian had a positive return on equity of 20.99% and a negative net margin of 0.82%. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm posted $0.98 earnings per share. The business's revenue was up 27.6% on a year-over-year basis. Analysts anticipate that Atlassian Corporation PLC will post 0.94 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. MV Capital Management Inc. acquired a new stake in Atlassian in the fourth quarter worth approximately $25,000. Manning & Napier Advisors LLC bought a new position in Atlassian during the 2nd quarter valued at $27,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Atlassian by 139.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 378 shares of the technology company's stock valued at $29,000 after purchasing an additional 220 shares during the period. Western Wealth Management LLC acquired a new position in shares of Atlassian during the 1st quarter valued at $30,000. Finally, State of Wyoming increased its position in shares of Atlassian by 65.7% during 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 period. Institutional investors and hedge funds own 94.45% of the company's stock.

Key Headlines Impacting Atlassian

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Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Royal Bank of Canada raised its price target for Atlassian from $215 to $235 and reiterated an “outperform” rating, implying continued upside and signaling confidence in the company’s growth prospects. Royal Bank of Canada Issues Positive Forecast for Atlassian Stock Price
Positive Sentiment: Barclays also increased its price target, lifting it to $222 from $172. The upgrade supports the recent increase in TEAM shares, although the stock subsequently showed signs of cooling after reaching a 2026 high. Software Giant Looking to Cool Down After 2026 High
Positive Sentiment: Atlassian’s leadership is emphasizing an AI strategy designed to have employees and software agents work together, potentially expanding automation opportunities across its collaboration and enterprise software products. Atlassian's AI Strategy Aims to Get Humans and Agents Working Together
Positive Sentiment: CEO commentary that Atlassian does not use Chinese AI models in production may reassure customers and investors concerned about data security, compliance, and geopolitical risks. Atlassian Does Not Use Chinese AI Models in Production
Neutral Sentiment: TEAM has gained approximately 239% over six months, significantly outperforming broad-market benchmarks. The exceptional rally increases investor focus on execution and the company’s ability to convert AI investments into durable revenue and earnings growth. Can AI Deliver Enough to Justify Atlassian's Valuation?
Negative Sentiment: Chief Accounting Officer Gene Liu sold 337 shares for approximately $70,770. The transaction represented only 0.60% of his holdings, so it is a limited insider-selling signal, but it can add modest pressure to sentiment after the stock’s substantial advance. SEC Insider Trading Filing

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TEAM. Raymond James Financial set a $180.00 price target on Atlassian in a research report on Friday, August 7th. Citigroup increased their price target on Atlassian from $170.00 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, September 1st. Royal Bank Of Canada raised their price target on Atlassian from $215.00 to $235.00 and gave the company an "outperform" rating in a report on Monday. Oppenheimer lifted their price objective on shares of Atlassian from $110.00 to $200.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Finally, UBS Group upped their price objective on shares of Atlassian from $95.00 to $160.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Twenty-five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $194.15.

Get Our Latest Stock Analysis on TEAM

About Atlassian

(Get Free Report)

Atlassian Corporation develops collaboration, productivity and workflow-management software for technology, business and enterprise teams. Its products are designed to help organizations plan projects, manage software development, document and share knowledge, provide IT and customer support, and coordinate work across distributed teams.

Its product portfolio includes Jira for project and issue management, Confluence for team collaboration and knowledge sharing, Jira Service Management for IT service and support operations, and Trello for organizing tasks and projects.