Auvil Paul R. III

Director Auvil buys 10,000 shares at $71.02 avg, expanding stake 35.8% to 38.0K shares as ESTC trades -38.6% from 52-week high.

Director Paul R. Auvil III executed 3 separate purchases totaling 10,000 shares for $710,230.00 on 2025-12-01, increasing his holdings from 27,956 shares to 37,956 shares (+35.8%). The transaction occurs with Elastic trading at $72.26, down 38.6% from its 52-week high of $117.76 and down 19.0% over the prior 30 days. Auvil's cross-ticker track record shows 1 prior open-market buy with a 90-day return of +52.3%, and his prior Elastic purchase on 2024-09-03 achieved a 90-day return of +52.3% (100% win rate at this ticker). The company remains unprofitable (net income $-51.3M against revenue of $423.5M in the latest quarter), though it posted annual revenue growth of +17.0%. The substantial share accumulation during a period of significant price decline, combined with a demonstrated pattern of well-timed prior acquisitions at this same ticker, reflects material insider confidence in the equity at depressed levels.

Director Auvil Paul R. III bought 20,000 shares of ESTC at $74.25 on 2024-09-03, raising holdings 761.3% to 22,627 shares.

Director Auvil Paul R. III executed a substantial open-market purchase of 20,000 shares worth $1,484,968.00, increasing his total holdings from 2,627 to 22,627 shares—a 761.3% increase in his position. The transaction occurred when the stock was trading 45.3% below its 52-week high of $133.81 and down 28.3% over the preceding 30 days. This accumulation by a board member contrasts with recent price weakness and the company's challenging profitability picture (net income of $-49,227,000.00 in the latest quarter), though annual revenue growth of 18.6% provides some operational context. The transaction's significance lies in the director's material increase in financial exposure to the company at a depressed price point relative to recent trading ranges.