CLO Carolyn Herzog sold 9,485 shares of ESTC at $60.61; all 5 prior ESTC sales were well-timed with negative 90d returns.
Carolyn Herzog, Chief Legal Officer of Elastic N.V., sold 9,485 shares at $60.61, reducing her holdings by 6.9% to 128.4K shares. Her prior transaction history at this ticker is notably consistent: all 5 previous open-market sales at ESTC showed negative 90-day returns, meaning her sales preceded subsequent declines. The most recent ESTC sells in March 2025 captured -19.5% and -8.2% downside over 90 days respectively. While the current stock price of $60.78 sits 36.7% below the 52-week high of $96.06, the stock has recovered +20.6% over 30 days and +17.6% over 90 days since her June 9 transaction, representing a recent uptick. The company fundamentals remain solid with annual revenue growth of +17.3%, a P/E of 16.16, and $449.9M quarterly revenue, suggesting the stock moves are not driven by deteriorating business performance.
Herzog (CLO) sold 7,834 shares in two separate transactions for $743,098.02 on 2025-03-10 and 2025-03-11.
Herzog Carolyn, Chief Legal Officer at Elastic, filed two separate sales totaling 7,834 shares for $743,098.02 at average price $94.86, reducing her holdings by 9.0% to 79,652 shares. Her cross-ticker track record shows 7 prior open-market sells with a 90-day well-timed rate of 100%, and at this ticker specifically, 3 measurable prior sales all had negative 90-day returns after execution. The stock has since declined 15.3% in 30 days and 8.1% in 90 days from transaction date, and the insider's immediate execution across two business days aligns with her demonstrated history of selling ahead of subsequent weakness. With Elastic trading at a 158.97 P/E multiple and carrying a net loss of $17.1M against revenue of $382.1M, the company's valuation remains elevated relative to profitability despite 18.6% annual revenue growth.
Chief Legal Officer Carolyn Herzog sells 11,145 ESTC shares at $111.34; 5 prior sells all well-timed at 90-day mark.
Chief Legal Officer Carolyn Herzog sold 11,145 shares of Elastic N.V. at $111.34 on 2024-11-26, reducing her holdings by 10.8%. Her timing record at this ticker is notably consistent: all 5 prior sales at ESTC were well-timed at the 90-day mark, with the two most recent June 2024 sales followed by -36.1% and -36.2% 90-day returns respectively. This sale occurs at $111.34 against a 52-week high of $133.81, positioning the trade at -17.7% from peak. Her cross-ticker track record shows a 100.00% well-timed rate across 6 prior sells, though with mixed near-term outcomes (avg 30d return -0.8%). The pattern suggests a disciplined insider with demonstrated ability to execute sells ahead of subsequent declines at her company specifically.
