三井住友 DS 资产管理有限公司增加了 Elastic（纽约证券交易所代码：ESTC）的持股量|ESTC_新浪财经

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Elastic (NYSE:ESTC – Get Rating) by 21.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,012 shares of the company's stock after acquiring an additional 1,063 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Elastic were worth $310,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its stake in Elastic by 94.4% in the third quarter. Allworth Financial LP now owns 383 shares of the company's stock valued at $27,000 after acquiring an additional 186 shares in the last quarter. Altshuler Shaham Ltd acquired a new position in Elastic during the third quarter worth approximately $43,000. Wipfli Financial Advisors LLC purchased a new stake in Elastic in the third quarter valued at approximately $47,000. CWM LLC boosted its holdings in shares of Elastic by 26.6% in the third quarter. CWM LLC now owns 1,431 shares of the company's stock valued at $103,000 after acquiring an additional 301 shares during the period. Finally, Focused Wealth Management Inc increased its holdings in shares of Elastic by 25.8% in the 4th quarter. Focused Wealth Management Inc now owns 2,000 shares of the company's stock valued at $103,000 after acquiring an additional 410 shares during the period. Hedge funds and other institutional investors own 78.40% of the company's stock.

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Insider Buying and Selling at Elastic

In related news, insider Ken Exner sold 2,064 shares of Elastic stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $58.28, for a total value of $120,289.92. Following the completion of the sale, the insider now owns 123,117 shares in the company, valued at $7,175,258.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Ken Exner sold 2,064 shares of the business's stock in a transaction dated Thursday, March 9th. The stock was sold at an average price of $58.28, for a total value of $120,289.92. Following the completion of the sale, the insider now directly owns 123,117 shares of the company's stock, valued at $7,175,258.76. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Janesh Moorjani sold 3,956 shares of Elastic stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $58.28, for a total value of $230,555.68. Following the completion of the transaction, the chief financial officer now owns 178,235 shares of the company's stock, valued at approximately $10,387,535.80. The disclosure for this sale can be found here. Insiders sold a total of 18,118 shares of company stock worth $1,055,917 in the last 90 days. 18.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on ESTC. Barclays boosted their price target on Elastic from $62.00 to $70.00 and gave the company an "overweight" rating in a research report on Wednesday, February 15th. JPMorgan Chase & Co. dropped their price objective on shares of Elastic from $70.00 to $67.00 and set an "overweight" rating on the stock in a research note on Friday, March 3rd. Wedbush assumed coverage on shares of Elastic in a report on Wednesday, December 14th. They issued a "neutral" rating and a $67.00 target price on the stock. Wells Fargo & Company increased their price target on shares of Elastic from $52.00 to $55.00 and gave the stock an "underweight" rating in a report on Friday, March 3rd. Finally, The Goldman Sachs Group dropped their target price on Elastic from $83.00 to $64.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $77.38.

Elastic Stock Performance

Shares of ESTC stock opened at $54.64 on Tuesday. The company's fifty day simple moving average is $58.40 and its 200-day simple moving average is $58.70. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 1.47. Elastic has a 52 week low of $46.18 and a 52 week high of $95.67. The company has a market cap of $5.27 billion, a PE ratio of -20.24 and a beta of 1.08.

Elastic (NYSE:ESTC – Get Rating) last released its quarterly earnings results on Thursday, March 2nd. The company reported ($0.39) EPS for the quarter, hitting the consensus estimate of ($0.39). Elastic had a negative return on equity of 52.03% and a negative net margin of 24.80%. The firm had revenue of $274.57 million for the quarter, compared to analyst estimates of $272.71 million. As a group, equities research analysts anticipate that Elastic will post -1.89 EPS for the current year.

Elastic Company Profile

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Elastic NV engages in the provision of open-source search and analytics engine services. It offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The firms Elastic Stack product comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured, Kibana, a user interface, management, and configuration interface for the Elastic Stack, Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash, and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems.