Fundamental Monetary Team Inc. reduce its holdings in stocks of Atlassian Co. (NASDAQ:TEAM – Unfastened Document) via 16.1% within the first quarter, HoldingsChannel.com reviews. The company owned 9,246 stocks of the era corporate’s inventory after promoting 1,771 stocks right through the quarter. Fundamental Monetary Team Inc.’s holdings in Atlassian have been price $1,583,000 on the finish of the newest quarter.

Different hedge budget have additionally changed their holdings of the corporate. Meeder Asset Control Inc. grew its holdings in stocks of Atlassian via 151.5% right through the 4th quarter. Meeder Asset Control Inc. now owns 244 stocks of the era corporate’s inventory price $31,000 after buying an extra 147 stocks right through the duration. Carmel Capital Companions LLC bought a brand new place in stocks of Atlassian right through the first quarter price $34,000. CoreCap Advisors LLC bought a brand new place in stocks of Atlassian right through the 4th quarter price $39,000. Allworth Monetary LP grew its holdings in stocks of Atlassian via 2,411.1% right through the first quarter. Allworth Monetary LP now owns 226 stocks of the era corporate’s inventory price $39,000 after buying an extra 217 stocks right through the duration. In any case, Cash Ideas Capital Corp lifted its stake in Atlassian via 59.3% right through the 4th quarter. Cash Ideas Capital Corp now owns 438 stocks of the era corporate’s inventory price $56,000 after obtaining an extra 163 stocks within the final quarter. 53.36% of the inventory is these days owned via hedge budget and different institutional traders.

Wall Side road Analysts Forecast Expansion

A number of analysis corporations lately issued reviews on TEAM. Barclays higher their goal worth on Atlassian from $165.00 to $195.00 and gave the inventory an “equivalent weight” score in a analysis observe on Friday, August 4th. Morgan Stanley reissued an “obese” score and set a $185.00 goal worth on stocks of Atlassian in a analysis observe on Friday, August 4th. BMO Capital Markets higher their goal worth on Atlassian from $180.00 to $220.00 and gave the inventory a “marketplace carry out” score in a analysis observe on Friday, August 4th. Citigroup higher their goal worth on Atlassian from $195.00 to $230.00 and gave the inventory a “purchase” score in a analysis observe on Tuesday, August twenty ninth. In any case, Piper Sandler higher their worth goal on Atlassian from $170.00 to $200.00 in a analysis record on Friday, August 4th. 8 funding analysts have rated the inventory with a dangle score and 11 have issued a purchase score to the corporate’s inventory. In keeping with knowledge from MarketBeat.com, the corporate has a mean score of “Reasonable Purchase” and a consensus worth goal of $199.81.

Get Our Newest Inventory Research on Atlassian

Insider Task

In different information, CEO Scott Farquhar bought 8,241 stocks of the company’s inventory in a transaction that came about on Friday, June ninth. The inventory used to be bought at a mean worth of $171.62, for a complete worth of $1,414,320.42. Following the final touch of the sale, the executive government officer now immediately owns 115,374 stocks of the corporate’s inventory, valued at roughly $19,800,485.88. The transaction used to be disclosed in a criminal submitting with the Securities & Alternate Fee, which can also be accessed thru this hyperlink. In different information, Director Enrique T. Salem bought 10,000 stocks of the company’s inventory in a transaction that came about on Friday, June ninth. The inventory used to be bought at a mean worth of $170.99, for a complete worth of $1,709,900.00. Following the final touch of the sale, the director now immediately owns 114,162 stocks of the corporate’s inventory, valued at roughly $19,520,560.38. The transaction used to be disclosed in a criminal submitting with the Securities & Alternate Fee, which can also be accessed thru this hyperlink. Additionally, CEO Scott Farquhar bought 8,241 stocks of the company’s inventory in a transaction that came about on Friday, June ninth. The stocks have been bought at a mean worth of $171.62, for a complete worth of $1,414,320.42. Following the final touch of the sale, the executive government officer now immediately owns 115,374 stocks of the corporate’s inventory, valued at $19,800,485.88. The disclosure for this sale can also be discovered right here. Insiders bought 345,018 stocks of corporate inventory valued at $62,560,852 within the final 3 months. 43.11% of the inventory is these days owned via corporate insiders.

Atlassian Buying and selling Up 0.2 %

NASDAQ:TEAM opened at $204.45 on Tuesday. The inventory’s 50 day shifting reasonable worth is $182.75 and its 200 day shifting reasonable worth is $168.71. The corporate has a marketplace capitalization of $52.62 billion, a PE ratio of -108.17 and a beta of 0.70. The corporate has a snappy ratio of one.35, a present ratio of one.35 and a debt-to-equity ratio of one.47. Atlassian Co. has a 52-week low of $113.86 and a 52-week prime of $264.97.

Atlassian (NASDAQ:TEAM – Get Unfastened Document) final introduced its profits effects on Thursday, August third. The era corporate reported ($0.21) profits in line with proportion for the quarter, beating the consensus estimate of ($0.25) via $0.04. Atlassian had a unfavorable go back on fairness of 61.15% and a unfavorable web margin of 13.77%. The corporate had earnings of $939.10 million for the quarter, in comparison to the consensus estimate of $911.23 million. On reasonable, analysis analysts watch for that Atlassian Co. will publish -0.48 EPS for the present yr.

About Atlassian

(Unfastened Document)

Atlassian Company, thru its subsidiaries, designs, develops, licenses, and maintains quite a lot of tool merchandise international. Its product portfolio comprises Jira Device and Jira Paintings Control, a venture control gadget that connects technical and trade groups so they are able to higher plan, arrange, observe and organize their paintings and initiatives; Confluence, a hooked up workspace that organizes wisdom throughout all groups to transport paintings ahead; and Trello, a collaboration and group product that captures and provides construction to fluid and fast-forming paintings for groups.

Featured Tales

Wish to see what different hedge budget are retaining TEAM? Seek advice from HoldingsChannel.com to get the newest 13F filings and insider trades for Atlassian Co. (NASDAQ:TEAM – Unfastened Document).

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