On December 18, 2024, Ashutosh Kulkarni, the Chief Executive Officer of Elastic NV, sold 7,017 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 395,326 shares of Elastic NV.
Elastic NV (ESTC, Financial) is a company that provides open-source search and analytics software, enabling users to search, analyze, and visualize data in real-time. The company's products are used for a variety of applications, including enterprise search, logging, security, and analytics.
Over the past year, Ashutosh Kulkarni has sold a total of 101,232 shares and has not purchased any shares. The insider transaction history for Elastic NV shows that there have been 1 insider buy and 38 insider sells over the same timeframe.
On the day of the recent sale, shares of Elastic NV were trading at $108.12, giving the stock a market cap of $10.747 billion. The company's price-earnings ratio is 188.56, which is higher than the industry median of 27.335 but lower than the company’s historical median price-earnings ratio.
With a price of $108.12 and a GF Value of $100.31, Elastic NV has a price-to-GF-Value ratio of 1.08, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
