The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Elastic N.V shares valued at $196,504 were sold by Welihinda Navam on Jun 09 ’25. At $86.91 per share, Welihinda Navam sold 2,261 shares. The insider’s holdings dropped to 133,925 shares worth approximately $11.15 million following the completion of this transaction.
Also, Dodds Mark Eugene sold 5,514 shares, netting a total of over 479,222 in proceeds. Following the sale of shares at $86.91 each, the insider now holds 165,443 shares.
Before that, Herzog Carolyn had sold 5,702 shares from its account. In a trade valued at $495,561, the Chief Legal Officer traded Elastic N.V shares for $86.91 each. Upon closing the transaction, the insider’s holdings decreased to 5,702 shares, worth approximately $7.82 million.
As published in their initiating research note from KeyBanc Capital Markets on June 10, 2025, Elastic N.V [ESTC] has been a Sector weight. Analysts at Cantor Fitzgerald started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of December 17, 2024, Morgan Stanley has initiated its “an Overweight” rating for ESTC. Earlier on November 25, 2024, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for ESTC stock which previously was a “a Neutral”.
Analyzing ESTC Stock Performance
During the last five days, there has been a drop of approximately -3.52%. Over the course of the year, Elastic N.V shares have dropped approximately -15.98%. Shares of the company reached a 52-week high of $118.84 on 02/10/25 and a 52-week low of $70.14 on 04/07/25.
Support And Resistance Levels for Elastic N.V (ESTC)
According to the 24-hour chart, there is a support level at 82.27, which, if violated, would cause prices to drop to 81.30. In the upper region, resistance lies at 84.72. The next price resistance is at 86.20. RSI (Relative Strength Index) is 41.60 on the 14-day chart, showing neutral technical sentiment.
