Atlassian Corporation Plc (NASDAQ:TEAM) reached 115.4% versus a 1-year low price of $50.84. The stock was last seen 5.05% higher, reaching at $109.51 on 3/11/2019. At a recent session, the prices were hovering between $104.76 and $110.1. This company shares are -2.81% up from its target price of $106.43 and the current market capitalization stands at $26.22B. The recent change has given its price a 11.25% lead over SMA 50 and -2.01% deficit over its 52-week high. The stock witnessed 7% gains, 28.62% gains and 26.34% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TEAM’s volatility during a week at 3.99% and during a month it has been found around 3.24%.

Atlassian Corporation Plc (TEAM) Top Holders

Institutional investors currently hold around $10.19 billion or 87.1% in TEAM stock. Look at its top three institutional owners: Capital Research Global Investors owns $1.12 billion in Atlassian Corporation Plc, which represents roughly 4.29% of the company’s market cap and approximately 11.04% of the institutional ownership. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 10,349,989 shares of the stock are valued at $1.08 billion. The third largest holder is Artisan Partners Limited Partnership, which currently holds $903.27 million worth of this stock and that ownership represents nearly 3.44% of its market capitalization.

Atlassian Corporation Plc 13F Filings

At the end of December reporting period, 171 institutional holders increased their position in Atlassian Corporation Plc (NASDAQ:TEAM) by some 14,011,425 shares, 143 decreased positions by 12,445,669 and 38 held positions by 71,266,848. That puts total institutional holdings at 97,723,942 shares, according to SEC filings. The stock grabbed 77 new institutional investments totaling 1,676,087 shares while 46 institutional investors sold out their entire positions totaling 1,372,675 shares.

Atlassian Corporation Plc (TEAM) Analyst Guide

Several analysts have released their opinion on Atlassian Corporation Plc (NASDAQ:TEAM), with 6 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.28 average brokerage recommendation [T1].