On October 17, 2025, reports indicated that several institutional investors have increased their holdings in Atlassian Corp Plc (TEAM). Generali Asset Management SPA SGR increased its stake by 48.8%, holding shares valued at approximately $2.17 million. Additionally, Wilmington Savings Fund Society FSB grew its position by 87.0%. These moves come as hedge funds show increased interest in the company, with institutional investors now owning 94.45% of the stock. This news follows insider transactions on October 15th, where CEO Michael Cannon-Brookes and Director Scott Farquhar both sold 7,665 shares. The increased institutional ownership is a positive signal for the company, suggesting a bullish outlook from large-scale investors.
Institutional Investors Increase Stakes in Atlassian, Signaling Confidence
TEAM
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