- Bank of America Corp DE reduced its holdings in Elastic N.V. by 33.3% in the 1st quarter, owning 697,402 shares valued at $34,863,000.
- Multiple institutional investors and hedge funds, including Focus Partners Wealth and Northwestern Mutual Wealth Management Co., also modified their stakes in Elastic during recent periods.
- Elastic reported strong quarterly financial results with $0.61 EPS and $450.68 million in revenue, while corporate insiders sold 110,099 shares over a 90-day period.