Elastic N.V’s recent filing unveils that its Chief Executive Officer Kulkarni Ashutosh unloaded Company’s shares for reported $0.44 million on Sep 15 ’25. In the deal valued at $88.12 per share,5,000 shares were sold. As a result of this transaction, Kulkarni Ashutosh now holds 452,314 shares worth roughly $39.14 million.
Then, ASHUTOSH K KULKARNI bought 5,000 shares, generating $440,628 in total proceeds.
Before that, Kulkarni Ashutosh sold 19,622 shares. Elastic N.V shares valued at $1,768,335 were divested by the Chief Executive Officer at a price of $90.12 per share. As a result of the transaction, Kulkarni Ashutosh now holds 457,314 shares, worth roughly $39.58 million.
A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in late August has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering ESTC and has increased its forecast on June 27, 2025 with a “Buy” recommendation from previously “Neutral” rating. KeyBanc Capital Markets started covering the stock on June 10, 2025. It rated ESTC as “a Sector weight”.
Price Performance Review of ESTC
On Tuesday, Elastic N.V [NYSE:ESTC] saw its stock fall -2.00% to $86.54. Over the last five days, the stock has lost -5.10%. Elastic N.V shares have risen nearly 17.23% since the year began. Nevertheless, the stocks have fallen -12.66% over the past one year.
How much short interest is there in Elastic N.V?
A steep rise in short interest was recorded in Elastic N.V stocks on 2025-08-29, growing by 0.32 million shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 3.75 million shares. There was a rise of 7.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 17, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $108 price target.
