Atlassian Corporation Plc
1 day chart
Kickstart your portfolio with a U.S. stock on us
Sign up and fund a new Wall St account and get a full share randomly chosen between GoPro, Dropbox or Nike.
Sign up and fund a new Wall St account and get a full U.S. share.
T&Cs apply
About TEAM
Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. The Company’s products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. Jira Service Management is a service desk product for creating and managing service experiences for a variety of service team providers, including information technology, legal, and human resources teams. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.
Buy US stocks in Australia starting with TEAM. Open an account and start investing today!
$57.05B
-
0.00%
2.93M
$222.40
$214.89
$218.33
$258.69
$135.29
What is Atlassian (TEAM)?
Work can get messy. To support collaboration and organise workflow, companies need to have the right software – especially since the remote working boom.
Atlassian specialises in the design, development, licensing and maintenance of software for project managers and software development teams. Atlassian’s products help teams work, communicate and collaborate, openly – and there's a chance you've used one before without even knowing.
Atlassian’s mission is, in their words, “to unleash the potential of every team through software that makes teamwork work.”
Founded by Michael Cannon-Brookes and Scott Farquhar in 2002, Atlassian Corporation PLC is a global software company with over 225,000 customers across 190 countries. Atlassian currently has more than 7,000 employees.
Atlassian offers a broad range of software products that can be divided into three main categories:
- Plan, Track and Support (Jira Software, Jira Align, Jira Work Management, Jira Service Management, Statuspage, Opsgenie and Halp)
- Collaborate (Confluence, Trello)
- Code, Build and Ship (Bitbucket, Sourcetree, Bamboo)
Why does TEAM stock appeal to investors?
With more than 15 million people using its cloud platform on a monthly basis, Atlassian is a leader in the field of collaboration software. In fact, 83% of Fortune 500 companies are Atlassian customers.
Atlassian has had a strong history of growth. Revenue has grown at approximately 30% or more every year for the past 3 financial years from US$1.2b in 2019 to US$1.6b in 2020 and US$2.0b just last year.
Atlassian’s growth has been heavily supported by its ability to continue developing new products, improving previously existing products and powerful customer adoption.
Co-Founders & Co-CEOs Michael Cannon-Brookes and Scott Farquhar remain committed to Atlassian’s success, even 20 years after founding the company.
Who should include Atlassian in their investment portfolio?
Atlassian is a fast-growing technology company within the Software as a Service (SaaS) sector. If you’re an investor considering exposure to the technology sector and in particular SaaS, TEAM shares may be an appropriate choice.
Atlassian is an ambitious company with grand plans. In their FY 2021 Investor Day presentation, they stated a desire to reach 100 million monthly active users on the cloud and $5 billion in revenue in the near future.
What percentage of Atlassian stock is owned by insiders or institutions?
Scott Farquhar and Michael Cannon-Brookes own the majority of Atlassian stock at 22.02% of the company each. Atlassian Chief Technology Officer, Sridatta Viswanath, also owns over US$100m worth of stock.
Institutional ownership of TEAM stock totals 48.2%. Some institutions with the largest TEAM shareholdings include T. Rowe Price Group, Inc. (5.5%), Jennison Associates LLC (3.41%) and Capital Research and Management Company (3.07%).
Other institutions of note include Sands Capital Management, LLC, BlackRock, Inc. and Tiger Global Management, LLC.
Where is Atlassian based?
Atlassian is based in Sydney, Australia.
Ready to start your investing journey with Stake?
Open an accountTEAM FAQs
- Find the right investing platform for you. To buy TEAM shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
- Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
- Search for TEAM or Atlassian Corporation Plc. Find the stock by using the search function and go to the TEAM page.
- Place an order to buy TEAM. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
- Monitor your portfolio. You’ve now purchased some TEAM shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.
This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
Invest in TEAM
on Stake
Buy TEAM from US$3 brokerage
Invest in 9,500+ U.S. stocks and ETFs
Own a slice of TEAM from only US$10 with fractional shares
