Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Elastic N.V shares valued at $106,232 were sold by Welihinda Navam on Oct 06 ’25. At $84.58 per share, Welihinda Navam sold 1,256 shares. The insider’s holdings dropped to 129,247 shares worth approximately $10.75 million following the completion of this transaction.
Also, NAVAM WELIHINDA purchased 1,256 shares, netting a total of over 106,232 in proceeds.
Before that, Kulkarni Ashutosh had sold 5,000 shares from its account. In a trade valued at $440,618, the Chief Executive Officer traded Elastic N.V shares for $88.12 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $37.63 million.
As published in a research note from Scotiabank on October 06, 2025, Elastic N.V [ESTC] has been rated down from a Sector outperform to a Sector perform and the price target has been revised to $90. Analysts at Wells Fargo started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early October. Earlier on August 29, 2025, Monness Crespi & Hardt resumed its rating. Their recommendation was “a Buy” for ESTC stock.
Analyzing ESTC Stock Performance
On last trading session, Elastic N.V [NYSE: ESTC] rose 3.48% to $83.2. The stock’s lowest price that day was $81.225, but it reached a high of $83.99 in the same session. During the last five days, there has been a drop of approximately -3.95%. Over the course of the year, Elastic N.V shares have jumped approximately 5.30%. 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 81.61, which, if violated, would cause prices to drop to 80.03. In the upper region, resistance lies at 84.40. The next price resistance is at 85.60. RSI (Relative Strength Index) is 45.33 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 2025-09-15 jumping by 0.43 million shares to 4.6 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 4.17 million shares. A jump of 9.38% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.87 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.87.
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 120 in the next 12 months, up nearly 49.25% from the previous closing price of $80.4. Analysts anticipate Elastic N.V stock to reach 134 by 2025, with the lowest price target being 90. In spite of this, 24 analysts ranked Elastic N.V stock as Buy at the end of 2025. On June 27, 2025, Monness Crespi & Hardt assigned a price target of “a Buy” to the stock and upgraded coverage with a $111.
