{"scope": "company", "symbol": "ESTC", "name": "Elastic NV", "intelligence": {"score": 16, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 60, "confidence_label": "Developing", "filings": 22, "companies": 1, "insiders": 7, "signal_events": 7, "acquisition_events": 0, "disposal_events": 7, "acquisition_share": 0.0, "disposal_share": 100.0, "acquisition_value": 0.0, "disposal_value": 6673100.39, "net_value": -6673100.39, "acquisition_value_label": "$0", "disposal_value_label": "$6.7M", "net_value_label": "-$6.7M", "data_quality": 32, "priced_common_share": 32, "latest_date": "2026-06-09", "latest_signal_date": "2026-06-09", "oldest_date": "2026-06-08", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 22, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 0, "bar_width": 0.0}, {"key": "derivative", "label": "Options and derivatives", "count": 0, "bar_width": 0.0}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Other executive", "count": 11, "bar_width": 100.0}, {"label": "CEO and chair", "count": 3, "bar_width": 27.3}, {"label": "Director", "count": 3, "bar_width": 27.3}, {"label": "Finance leadership", "count": 3, "bar_width": 27.3}, {"label": "Other or unspecified", "count": 2, "bar_width": 18.2}], "supports": ["Participation spans 7 named insiders rather than one filing source."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.", "The latest qualifying filing is more than 30 days old."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 15, "disposals": 7, "qualified_acquisitions": 0, "qualified_disposals": 7, "total": 22, "height": 100.0, "acquisition_height": 68.2, "disposal_height": 31.8}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "market": {"latest_week": "2026-08-07", "latest_close": "75.110000", "currency": "USD", "one_week_change": "14.16628666970664234686122511", "thirteen_week_change": "24.68459495351925630810092961", "four_week_change": "24.68459495351925630810092961", "range_high": "75.480000", "range_low": "47.560000", "average_volume": 9828775, "relative_strength": "-1.800149", "market_dynamics": "1.109278", "fair_value": "86.468590", "fair_value_gap": "-13.13608791354178436354750320", "trend_signal": "1", "one_week_change_label": "+14.2%", "thirteen_week_change_label": "+24.7%", "four_week_change_label": "+24.7%", "fair_value_gap_label": "-13.1%"}, "transactions": [{"date": "2026-06-09", "insider": "KULKARNI, ASHUTOSH", "role": "Director, Chief Executive Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "2447007.5300", "value_label": "$2.4M"}, {"date": "2026-06-09", "insider": "EXNER, KEN", "role": "Chief Product Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "1118193.8900", "value_label": "$1.1M"}, {"date": "2026-06-09", "insider": "DODDS, MARK EUGENE", "role": "Chief Revenue Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "1117587.7900", "value_label": "$1.1M"}, {"date": "2026-06-09", "insider": "WELIHINDA, NAVAM", "role": "Chief Financial Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "785566.2100", "value_label": "$785.6K"}, {"date": "2026-06-09", "insider": "HERZOG, CAROLYN", "role": "Chief Legal Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "574885.8500", "value_label": "$574.9K"}, {"date": "2026-06-09", "insider": "BANON, SHAY", "role": "Director, Chief Technology Officer", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "562945.6800", "value_label": "$562.9K"}, {"date": "2026-06-09", "insider": "BONE, JANE E", "role": "GVP & CAO", "side": "Disposal", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": "66913.4400", "value_label": "$66.9K"}, {"date": "2026-06-08", "insider": "BANON, SHAY", "role": "Director, Chief Technology Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "BANON, SHAY", "role": "Director, Chief Technology Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "BONE, JANE E", "role": "GVP & CAO", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "DODDS, MARK EUGENE", "role": "Chief Revenue Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "DODDS, MARK EUGENE", "role": "Chief Revenue Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "DODDS, MARK EUGENE", "role": "Chief Revenue Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "EXNER, KEN", "role": "Chief Product Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "EXNER, KEN", "role": "Chief Product Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "EXNER, KEN", "role": "Chief Product Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "HERZOG, CAROLYN", "role": "Chief Legal Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "HERZOG, CAROLYN", "role": "Chief Legal Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "KULKARNI, ASHUTOSH", "role": "Director, Chief Executive Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "KULKARNI, ASHUTOSH", "role": "Director, Chief Executive Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "WELIHINDA, NAVAM", "role": "Chief Financial Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "WELIHINDA, NAVAM", "role": "Chief Financial Officer", "side": "Acquisition", "security": "Ordinary Shares", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}