SBI Securities 13F: Cuts Atlassian (TEAM) Stake by $14M

SBI Securities reduced its holdings in Atlassian Corporation TEAM by 77,187 shares during the quarter, according to a Form 13F filing submitted to the SEC on October 22, 2026. The institutional investor held 80,379 shares previously and wrapped up the period with 3,192 shares valued at approximately $572,294, marking a 96.0% decrease.

TEAM Atlassian Corporation

$225.51 ▲ +45.72% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in SBI Securities's Atlassian Corporation Position

SBI Securities cut back on its Atlassian Corporation investment significantly, dropping down from 80,379 shares to 3,192 shares. The remaining stake holds a reported value of $572,294 based on the latest SEC disclosure.

Other Institutional Activity in Atlassian Corporation

DnB Asset Management AS grew its holdings by 1,752,898 shares, ending with 9,830,768 shares worth about $2,201,895,374. AQR Capital Management, LLC grew its holdings by 4,672,944 shares, ending with 8,822,984 shares worth about $1,976,171,918. GQG Partners LLC grew its holdings by 3,829,206 shares, ending with 7,658,413 shares worth about $1,715,331,311. Pictet Asset Management Holding SA grew its holdings by 442,756 shares, ending with 5,474,077 shares worth about $1,226,083,743. Ameriprise Financial, Inc. grew its holdings by 2,921,000 shares, ending with 3,772,852 shares worth about $845,043,374.

Atlassian Corporation Stock Up 2.7%

Atlassian Corporation recently traded around $227.00 per share on October 22, 2026, up about 1.3% from its event closing price of $223.98. The stock has run higher over the past year, sitting just below its 52-week high of $227.36 while trading well above its 50-day moving average of $188.11.

Recent Earnings

Atlassian Corporation brought in $6.57 billion in trailing twelve-month revenue alongside a year-over-year revenue growth rate of 27.6%. The company posted a negative trailing twelve-month earnings per share of $0.21, alongside a net profit margin of -0.8% and a return on equity of -4.5%, meaning it has no meaningful P/E ratio due to a lack of profitability. The company is scheduled to release its next financial results on November 5, 2026.

Insider Buying and Selling at Atlassian Corporation

Brian Duffy sold 1,851 shares on August 19, 2026, for a total value of $319,204. James Chuong, Chief Financial Officer, sold 9,054 shares on August 19, 2026, for a total value of $1,561,377. Gene Liu sold 939 shares at $190.00 per share on August 28, 2026, for a total value of $178,410. Gene Liu later sold 337 shares at $210.00 per share on October 12, 2026.

Analysts Set New Price Targets

On October 19, 2026, Guggenheim maintained its buy rating on the stock while lifting its price target from $165.00 to $280.00. Citigroup maintained a buy rating on October 20, 2026, moving its price target from $225.00 to $245.00. BTIG maintained a buy rating on October 20, 2026, taking its price target from $230.00 to $260.00. Truist Securities maintained a buy rating on October 21, 2026, raising its target from $185.00 to $250.00. Oppenheimer maintained an outperform rating on October 22, 2026, setting a target of $275.00 compared to $200.00 previously. Wall Street analysts hold a buy consensus on Atlassian Corporation backed by a mean price target of $222.49 across 31 analyst opinions.

About Atlassian Corporation

Atlassian Corporation builds collaboration software designed to help teams work together more efficiently. The company creates well-known productivity tools like Jira, Confluence, Trello, and Bitbucket, helping organizations track projects and manage technical workflows at scale.

Bottom Line

Investors will watch how Atlassian Corporation performs in its upcoming earnings report on November 5, 2026. Further institutional filings will show whether other major holders follow SBI Securities in trimming their positions.