Atlassian Corp Intrinsic Value Calculator – SVB Wealth LLC Sees Potential in Atlassian Corp, Increases Holdings While Insiders Sell Stock
June 23, 2023
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Atlassian Corp ($NASDAQ:TEAM). is a globally-renowned software development company that has recently seen success in the industry. Their innovative products, services, and technology have enabled them to stay a step ahead of their competition and remain a leading player in the space. SVB Wealth LLC, an U.S. investment firm, has taken notice of Atlassian Corp.’s success and has recently increased their holdings in the company. This is a sign of confidence in the company’s ongoing success and potential growth opportunities.
Meanwhile, insiders of Atlassian Corp. have been selling off their stock. It is unclear why this is happening, and it is possible that it could be due to personal reasons or concerns about the company’s future prospects. Whatever the reason, this could suggest that insiders of the company are not as confident in its future outlook as SVB Wealth LLC is.
Price History
On Tuesday, Atlassian Corp (TEAM) opened at $166.6 and closed at $168.8, up by 1.6% from the previous closing price of $166.2. SVB Wealth LLC, a financial advisory firm, has seen potential in the stock and increased its overall holdings in the company. Despite the optimism of SVB Wealth LLC, insiders of the company have been seen to be selling their stock. Given the contradicting signals from both sides, investors should keep an eye on future developments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Atlassian Corp. More…
| Total Revenues | Net Income | Net Margin |
| 3.36k | -533.27 | -8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Atlassian Corp. More…
| Operations | Investing | Financing |
| 825.73 | -1.58 | -41.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Atlassian Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.84k | 3.26k | 2.25 |
Key Ratios Snapshot
Some of the financial key ratios for Atlassian Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.3% | – | -9.1% |
| FCF Margin | ROE | ROA |
| 23.2% | -33.0% | -5.0% |
Analysis – Atlassian Corp Intrinsic Value Calculator
GoodWhale has conducted an analysis of the wellbeing of ATLASSIAN CORP. Our proprietary Valuation Line has calculated the fair value of ATLASSIAN CORP share to be around $328.0. Currently, the stock is trading at $168.8, which is undervalued by 48.5%. This discrepancy presents an opportunity to purchase shares at a discount and benefit from any potential upside when the stock returns to its fair value. We believe this could be a good time for long-term investors to buy into ATLASSIAN CORP stock. More…
Peers
Atlassian Corporation PLC, Microsoft Corp, DocuSign Inc, and Salesforce Inc are all vying for a spot in the top software company. While Atlassian Corporation PLC may be the current leader, the competition is fierce and any of the companies could take the top spot. All four companies offer a variety of software products and services that are essential for businesses of all sizes. The products and services offered by these companies help businesses to run more efficiently and connect with customers.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of $1.76 trillion and a return on equity of 45.3%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
– DocuSign Inc ($NASDAQ:DOCU)
DocuSign Inc. is an American company that provides electronic signature technology and digital transaction management services for facilitating electronic exchanges of contracts and other documents. The company has a market capitalization of $9.35 billion as of May 2021 and a negative return on equity of 15.28%. DocuSign’s revenue for the fiscal year 2020 was $1.1 billion, an increase of 47% from the previous fiscal year. The company’s primary competitors include Adobe Sign, HelloSign, and eSignLive.
– Salesforce Inc ($NYSE:CRM)
Salesforce Inc.’s market cap as of 2022 is 153.67B. The company’s ROE for the same year is 0.08%. Salesforce Inc. is a cloud-based software company that provides customer relationship management (CRM) and enterprise cloud computing services.
Summary
Investment firm SVB Wealth LLC’s recent activity shows they are increasing their holdings in Atlassian Corp., showing a renewed commitment to the software company’s potential for growth. According to insiders, the company is well-positioned to continue their success, which is further supported by SVB Wealth’s decision to invest more in the company. This could be seen as a positive sign for investors, who are likely watching to see if Atlassian will be able to keep up its performance in the future.
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