Public Sector Pension Investment Board Purchases Shares of 132,000 Atlassian Corporation PLC $TEAM

Posted by Tristan Rich on Feb 14th, 2026

Public Sector Pension Investment Board acquired a new position in shares of Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 132,000 shares of the technology company’s stock, valued at approximately $21,080,000. Public Sector Pension Investment Board owned 0.05% of Atlassian at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TEAM. Illinois Municipal Retirement Fund increased its position in Atlassian by 7.1% during the third quarter. Illinois Municipal Retirement Fund now owns 81,540 shares of the technology company’s stock worth $13,022,000 after purchasing an additional 5,403 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Atlassian during the 3rd quarter valued at $228,000. Krilogy Financial LLC acquired a new stake in shares of Atlassian during the 3rd quarter worth $1,549,000. ABC Arbitrage SA raised its position in shares of Atlassian by 12.2% in the 3rd quarter. ABC Arbitrage SA now owns 8,084 shares of the technology company’s stock worth $1,291,000 after buying an additional 882 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its holdings in Atlassian by 97.9% in the third quarter. Oppenheimer & Co. Inc. now owns 10,081 shares of the technology company’s stock valued at $1,610,000 after acquiring an additional 4,987 shares during the last quarter. 94.45% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Atlassian

In other Atlassian news, CEO Michael Cannon-Brookes sold 7,665 shares of Atlassian stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $94.81, for a total transaction of $726,718.65. Following the sale, the chief executive officer directly owned 275,940 shares in the company, valued at $26,161,871.40. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $94.81, for a total value of $726,718.65. Following the completion of the transaction, the director directly owned 275,940 shares in the company, valued at approximately $26,161,871.40. The trade was a 2.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 513,177 shares of company stock worth $74,514,517. Corporate insiders own 36.66% of the company’s stock.

Atlassian Trading Down 2.4%

NASDAQ TEAM opened at $84.38 on Friday. The stock has a market cap of $22.20 billion, a P/E ratio of -117.19, a PEG ratio of 72.19 and a beta of 0.88. The company’s fifty day simple moving average is $137.78 and its 200-day simple moving average is $154.55. The company has a current ratio of 0.89, a quick ratio of 1.26 and a debt-to-equity ratio of 0.62. Atlassian Corporation PLC has a 52 week low of $83.17 and a 52 week high of $316.99.

Atlassian (NASDAQ:TEAM – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.10. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Atlassian had a negative net margin of 3.29% and a negative return on equity of 6.33%. The firm’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.96 EPS. Equities research analysts predict that Atlassian Corporation PLC will post -0.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TEAM has been the subject of several research analyst reports. Oppenheimer dropped their price target on Atlassian from $275.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Citigroup dropped their target price on shares of Atlassian from $210.00 to $160.00 and set a “buy” rating for the company in a research report on Monday. Truist Financial set a $210.00 price target on shares of Atlassian in a research report on Friday, October 31st. BMO Capital Markets set a $130.00 price objective on shares of Atlassian and gave the stock an “outperform” rating in a research report on Friday, February 6th. Finally, Mizuho cut their target price on shares of Atlassian from $225.00 to $205.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Twenty investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $189.32.

Get Our Latest Stock Report on TEAM

More Atlassian News

Here are the key news stories impacting Atlassian this week:

Positive Sentiment: Coverage noting Atlassian’s strong presence within the Nasdaq tech complex, highlighting visibility among peers and potential long-term market positioning. Atlassian (NASDAQ:TEAM) Shows Strong Nasdaq Composite Presence In Tech
Neutral Sentiment: Recaps and Q&A from Atlassian’s Q4 earnings call providing detail on execution and management commentary — useful for fundamentals but not a clear immediate catalyst. The 5 most interesting analyst questions from Atlassian’s Q4 earnings call
Neutral Sentiment: Coverage of Atlassian’s strategic shift (global changes and AI initiatives) that could support longer-term revenue/positioning; article frames these moves against a recent share-price slump — mixed near-term impact. Atlassian’s Global Shift And AI Push Versus Recent Share Price Slump
Neutral Sentiment: Reported short-interest entries for Feb 12–13 show anomalous data (0 shares / NaN change and a 0.0 days ratio). The figures are unreliable as published and don’t provide a clear short-squeeze or bearish signal today.
Negative Sentiment: Zacks published a bearish feature on TEAM (“Bear of the Day”), highlighting deteriorating sentiment versus prior highs — negative press that can amplify selling. Bear of the Day: Atlassian (TEAM)
Negative Sentiment: Zacks Research downgraded TEAM from “hold” to “strong sell,” a formal analyst downgrade that increases downside pressure by signaling weaker near-term expectations. Zacks.com
Negative Sentiment: Citi cut its price target on TEAM from $210 to $160, trimming upside expectations from a major sell-side firm — another direct hit to valuation sentiment. Citi cuts PT on Atlassian Corporation (TEAM) to $160 from $210 – here’s why
Negative Sentiment: Pomerantz LLP opened an investor investigation into Atlassian, introducing legal risk and potential liability concerns that typically weigh on shares until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors of Atlassian Corporation – TEAM

Atlassian Profile

(Free Report)

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.