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 $208,739 were sold by Dodds Mark Eugene on Jun 24 ’25. At $83.50 per share, Dodds Mark Eugene sold 2,500 shares. The insider’s holdings dropped to 172,321 shares worth approximately $14.87 million following the completion of this transaction.
Also, MARK DODDS purchased 2,500 shares, netting a total of over 208,739 in proceeds.
Before that, Kulkarni Ashutosh had sold 5,000 shares from its account. In a trade valued at $400,050, the Chief Executive Officer traded Elastic N.V shares for $80.01 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $41.16 million.
As published in a research note from Monness Crespi & Hardt on June 27, 2025, Elastic N.V [ESTC] has been rated up from a Neutral to a Buy and the price target has been revised to $111. Analysts at KeyBanc Capital Markets started covering the stock with ‘”a Sector weight”‘ outlook in a report released in early June. As of January 17, 2025, Cantor Fitzgerald has initiated its “Neutral” rating for ESTC. Earlier on December 17, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for ESTC stock.
Analyzing ESTC Stock Performance
On last trading session,, Elastic N.V [NYSE: ESTC] rose 1.48% to $86.3. The stock’s lowest price that day was $84.99, but it reached a high of $86.7 in the same session. During the last five days, there has been a surge of approximately 1.89%. Over the course of the year, Elastic N.V shares have dropped approximately -27.12%.
Support And Resistance Levels for Elastic N.V (ESTC)
RSI (Relative Strength Index) is 54.13 on the 14-day chart, showing neutral technical sentiment.
Is Elastic N.V subject to short interest?
Stocks of Elastic N.V saw a sharp rise in short interest on 2025-06-13 jumping by 0.18 million shares to 3.53 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.35 million shares. A jump of 5.0% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.46 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.46.
Which companies own the most shares of Elastic N.V (ESTC)?
In terms of Elastic N.V share price expectations, FactSet research, analysts set an average price target of 133 in the next 12 months, up nearly 56.4% from the previous closing price of $85.04. Analysts anticipate Elastic N.V stock to reach 191 by 2025, with the lowest price target being 1. In spite of this, 24 analysts ranked Elastic N.V stock as Buy at the end of 2025. On November 25, 2024, Wedbush assigned a price target of “an Outperform” to the stock and upgraded coverage with a $135.