In a filing, Elastic N.V revealed its Officer ASHUTOSH K KULKARNI acquired Company’s shares for reported $0.4 million on Jun 16 ’25. In the deal valued at $80.01 per share,5,000 shares were bought.
Then, Welihinda Navam sold 2,261 shares, generating $196,504 in total proceeds. Upon selling the shares at $86.91, the Chief Financial Officer now owns 133,925 shares.
Before that, Dodds Mark Eugene sold 5,514 shares. Elastic N.V shares valued at $479,222 were divested by the Chief Revenue Officer at a price of $86.91 per share. As a result of the transaction, Dodds Mark Eugene now holds 165,443 shares, worth roughly $13.43 million.
KeyBanc Capital Markets initiated its Elastic N.V [ESTC] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. Morgan Stanley began covering ESTC with “an Overweight” recommendation on December 17, 2024. Wedbush revised its rating on November 25, 2024. It rated ESTC as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ESTC
On Monday, Elastic N.V [NYSE:ESTC] saw its stock jump 2.25% to $81.18. Over the last five days, the stock has lost -5.29%. Elastic N.V shares have fallen nearly -18.07% since the year began. Nevertheless, the stocks have fallen -29.19% over the past one year. While a 52-week high of $123.96 was reached on 02/10/25, a 52-week low of $69.00 was recorded on 04/07/25.
Levels Of Support And Resistance For ESTC Stock
The 24-hour chart illustrates a support level at 79.96, which if violated will result in even more drops to 78.74. On the upside, there is a resistance level at 81.97. A further resistance level may holdings at 82.76.
