Bank of America Corp DE reduced its investment in Atlassian during the first quarter. The bank sold 53.7% of its holdings, amounting to 475,956 shares. Bank of America retains 410,345 Atlassian shares. This remaining stake was valued at approximately $28 million as of the filing date. The bank disclosed this information on August 17, 2026.
Analyst sentiment for Atlassian remains positive. The consensus rating is a "Moderate Buy." This includes 24 buy ratings, four holds, and one sell recommendation. The average analyst price target is $176.27.