Navam Welihinda

CFO Navam Welihinda sold 12,961 shares (13.0K) of ESTC at $60.61; stock at $60.78 current price, down -36.7% from 52-week high of $96.06.

Navam Welihinda, CFO of Elastic N.V., sold 12,961 shares at $60.61 on 2026-06-09, reducing his holdings by 5.8% to 209,254 shares. The sale occurred in a period of relative strength: the stock has risen 20.6% over the past 30 days and 17.6% over 90 days, though it remains -36.7% below its 52-week high of $96.06. Welihinda's cross-ticker track record shows 6 prior open-market sales with a 90-day well-timed rate of 0.00%, indicating that his recent sales have not preceded stock declines; his post-sale 90-day average return was +6.8%, suggesting prior sales were poorly timed relative to subsequent gains. The company's fundamentals show steady growth (annual revenue growth of +17.3%, trading at P/E of 16.16 on $6.3B market cap), but the CFO's modest disposition during recent upward price momentum, coupled with a historical pattern of poorly-timed sales, does not indicate material conviction shifts about company prospects.

CFO Welihinda Navam sells 18,167 HCP shares at $33.84; post-conversion holdings: 105,883 shares

Welihinda Navam, CFO of HashiCorp, sold 18,167 shares (18.2K shares) at $33.84 on 2024-09-20, generating $614,773.10 (614.8K) in proceeds. This represents a 14.6% reduction from his pre-transaction holdings of 124,050 shares (124.0K shares). However, this filing reflects a derivative-conversion transaction rather than a full portfolio exit—the insider's complete position includes derivative holdings in Form 4 Table II, which is not yet populated in our database. Compared to his same-ticker history at HCP (5 prior sales), this sale follows a pattern of prior dispositions that have not been well-timed at the 90-day mark (0 of 5 prior sales were well-timed, with the most recent June 2024 sales showing mixed near-term returns of +0.2% to +0.7% at 30 days). The company remains unprofitable (net income −$26.5M in the latest quarter; full-year net income was negative), though it is growing revenue at +22.5% year-over-year, creating a backdrop of operational scale without current profitability.

CFO Welihinda Navam sold 17,397 shares of HCP at $33.47; retains 95,485 shares post-transaction.

Welihinda Navam, Chief Financial Officer, sold 17,397 shares on 2024-06-24 at $33.47, reducing his holdings by 15.4% to 95,485 shares. The stock currently trades at $33.49, near the 52-week high of $33.99. In his prior HCP trades, his timing has been mixed: of 4 measurable same-ticker sales, only 1 exhibited negative 90-day returns (well-timed), while most showed positive 90-day outcomes, suggesting his prior sales at this ticker have generally preceded rallies rather than declines. Against this backdrop of historically poorly-timed exits at HCP and the company's operational challenges—unprofitability (net income of $-51.1M) alongside revenue growth of 22.5%—this sale warrants observation for any broader management context, though the derivative-conversion flag indicates this transaction may reflect structural portfolio mechanics rather than discretionary conviction.

CFO Welihinda Navam sold 18.3K HashiCorp shares at $33.26 on 2024-06-20 for $607.7K, reducing holdings 14.0%

Welihinda Navam, Chief Financial Officer, sold 18,271 shares at $33.26, leaving 111,882 shares post-transaction. The sale represents a 14.0% reduction of his pre-transaction holdings. At the same-ticker level, his prior four measurable sells at HCP produced mixed timing results: three achieved positive 90-day returns (+22.8%, +15.5%, +21.4%), while one declined (-9.7%), and at the 90-day mark only 1 of 4 prior sells was well-timed. Fundamentally, HashiCorp reported a net loss of $-51.1M on revenue of $160.6M in its latest quarter and remains unprofitable on a full-year basis, though annual revenue growth reached +22.5%. The current stock price of $33.48 sits 1.5% below the 52-week high of $33.99, and the insider's transaction price of $33.26 was near recent highs. This sale warrants investor attention as a signal from a finance executive at an unprofitable but revenue-growth-focused company.