AtlassianTEAM
About: Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Employees: 12,157
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9% less call options, than puts
Call options by funds: $382M | Put options by funds: $422M
3.73% less ownership
Funds ownership: 88.12% [Q2] → 84.39% (-3.73%) [Q3]
5% less funds holding
Funds holding: 687 [Q2] → 653 (-34) [Q3]
13% less capital invested
Capital invested by funds: $24.8B [Q2] → $21.4B (-$3.35B) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 15 [Q2] → 12 (-3) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 268
27% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 127
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Jefferies Brent Thill 65% 1-year accuracy 30 / 46 met price target | 15%upside $300 | Buy Maintained | 14 Nov 2024 |
Wells Fargo Michael Turrin 61% 1-year accuracy 51 / 83 met price target | 15%upside $300 | Overweight Maintained | 1 Nov 2024 |
Raymond James Adam Tindle 88% 1-year accuracy 7 / 8 met price target | 4%downside $250 | Outperform Maintained | 1 Nov 2024 |
Mizuho Gregg Moskowitz 71% 1-year accuracy 25 / 35 met price target | 8%downside $240 | Outperform Maintained | 1 Nov 2024 |
BMO Capital Keith Bachman 81% 1-year accuracy 43 / 53 met price target | 2%downside $255 | Market Perform Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 24 articles about TEAM published over the past 30 days
