ESTC Elastic N.V.

NEUTRAL Impact: 3/10 Insider Cluster (6 insiders)
Horizon days Filed Jun 10, 2026 Processed 8d 11h ago
Insider cluster: 2 insiders, $3.0M total
Latest settled — T+5d ⚠ clustered
ESTC ▼ -2.76% at T+5d
NEUTRAL call ✗ call lost -2.76% · α vs SPY -3.19% · entry $60.22 → $58.56
Next anchor: T+20d in 20d
Last close $58.56 (close Jun 17) · -2.76% from $60.22 entry
Entry anchored
Jun 10, 03:59 PM ET
via Databento tick
T+1d
+0.22%
call +0.22% · α -0.33%
$60.35
settled 8d ago
T+5d
-2.76%
call -2.76% · α -3.19%
$58.56
settled yesterday
T+20d
call — · α —
in 20d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

All six C-suite executives at Elastic—including CEO, CFO, CTO, and CRO—sold shares on June 9, 2026, totaling $6.6M at $60.61 per share. The sales occurred the day after each received large equity grants (non-cash awards), strongly suggesting the sales are plan-based liquidity events tied to vesting, not a coordinated bearish view. Given the company's strong earnings report 13 days earlier (revenue +16% YoY, raised guidance), the timing aligns with a standard post-earnings blackout-window opening and routine share disposal.

Key Financial Metrics

Direction
selling
Total Value
$6.6M
Insiders
6

Actionable Insight

The cluster is a textbook post-grant liquidity event — all C-suite officials granted shares (non-cash) on June 8 and sold a fraction the next day. Dollar value is immaterial at 0.1% of market cap. No bearish signal; no tradeable catalyst. Monitor next 10-Q for any change in forward guidance, but this filing has no standalone edge.

Key Facts

  • Six executives (CEO, CFO, CRO, CPO, CLO, CTO) sold open-market shares on June 9, 2026 at $60.61
  • Total open-market sales aggregated to $6.6M, representing ~0.1% of Elastic's $6.3B market cap
  • Each executive received a large equity grant (non-cash) on June 8, 2026, immediately preceding the sales
  • Elastic reported strong Q4 FY2026 results on May 28, 2026 with revenue of $451M (+16% YoY) and non-GAAP EPS of $0.61, beating consensus
  • Recent 30-day insider activity showed 6 sells totaling $6.6M prior to this cluster

Financial Impact

Total open-market sales of $6.6M equal ~0.1% of market cap — proportionally trivial and consistent with routine post-vesting diversification

free floatdilution

Risk Factors

  • The sales are routine and carry negligible informational content — no actionable trading signal
  • Despite the cluster's breadth, the academic literature shows cluster sales are not more informative than non-cluster sales (Alldredge 2019)

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
64% bullish (36 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ESTC-1781124675323
5 reports for ESTC
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ESTC — sortable, filterable
Type Now
Jun 10, 2026
8d ago
Insider Cluster
NEUTRAL ★ 3/10
$60.22 $58.56▼ −2.76%▼ −3.19%$58.56 (−2.76%)
Jun 9, 2026
9d ago
144
NEUTRAL ★ 2/10
$60.78 $60.11▼ −1.10%▼ −4.53%$58.56 (−3.65%)
May 28, 2026
21d ago
8-K
BULLISH ★ 7/10
$64.69 $61.79▼ −4.49%▼ −1.99%$58.56 (−9.48%)
Mar 9, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$53.19 $53.17▲ +0.04%▼ −1.32%$58.56 (−10.09%)
Feb 26, 2026
16w ago
8-K
MIXED ★ 6/10
$51.73 $53.70▲ +3.81%▲ +5.79%$58.56 (+13.20%)
Showing 5 of 5

US Market Status

Market Closed — Juneteenth — Opens Mon (77h 37m)

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