From Yahoo Finance: 2025-05-13 09:07:00

Baron Funds released its first-quarter 2025 investor letter for the Baron Technology Fund, showing a 14.80% decline. Atlassian Corporation (NASDAQ: TEAM) was highlighted in the letter, with a one-month return of 7.96% and shares gaining 21.55% over 52 weeks. The company closed at $223.75 per share on May 12, 2025.

In the Q1 2025 letter, Baron Technology Fund discussed adding to its position in Atlassian Corporation (NASDAQ: TEAM), emphasizing the company’s potential for long-term growth. Atlassian is known for its developer tools and is seen as entering a new phase of platform growth driven by AI and enterprise monetization.

Atlassian Corporation (NASDAQ: TEAM) saw 75 hedge fund portfolios holding its stock at the end of Q4 2024, up from 44 in Q3. The company generated Q3 2025 revenue of $1.4 billion, a 14% increase year-over-year. While Atlassian has investment potential, the focus remains on AI stocks for higher returns.

For more information on Atlassian Corporation (NASDAQ: TEAM) and other top stocks, check out the hedge fund investor letters Q1 2025 page. The article also covers insights on Ken Griffin’s portfolio and recommendations from leading investors. Visit the link for more details.

Read more: What Makes Atlassian Corporation Plc (TEAM) an Investment Bet?