• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Elastic N.V. (Amendment)

    2/14/23 4:03:02 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology
    Get the next $ESTC alert in real time by email
    SC 13G/A 1 d425322dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 4)*

     

     

    Elastic N.V.

    (Name of Issuer)

     

     

    Ordinary Shares, €0.01 par value per share

    (Title of Class of Securities)

    N14506 104

    (CUSIP Number)

    December 31, 2022

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

      ☐

    Rule 13d-l(b)

     

      ☐

    Rule 13d-l(c)

     

      ☒

    Rule 13d-l(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. N14506 104      

     

      1       

      NAMES OF REPORTING PERSONS

     

       Steven Schuurman

      2      

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3      

      SEC USE ONLY

     

      4      

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

       The Netherlands

    NUMBER OF

    SHARES

      BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

        5     

      SOLE VOTING POWER

     

       9,197,000

      6     

      SHARED VOTING POWER

     

       0

      7     

      SOLE DISPOSITIVE POWER

     

       9,197,000

      8     

      SHARED DISPOSITIVE POWER

     

       0

      9      

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

       9,197,000(1)

    10      

      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

      ☐

    11      

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      9.6%(2)

    12      

      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

       IN

     

    (1)

    Includes 9,197,000 Ordinary Shares, €0.01 par value per share, of the Issuer (“Ordinary Shares”) held of record by CMXI B.V. (“CMXI”). Clavis Family Services B.V. is the sole director of CMXI. Mr. Schuurman, the controlling shareholder of CMXI, holds sole voting and dispositive power with respect to these Ordinary Shares.

    (2)

    Based on 95,605,341 Ordinary Shares outstanding as of November 30, 2022, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2022, filed with the Securities and Exchange Commission (the “SEC”) on December 2, 2022.

     

    Page 2


    CUSIP No. N14506 104      

     

      1       

      NAMES OF REPORTING PERSONS

     

      CMXI B.V.

      2      

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

      (a)  ☐        (b)  ☐

     

      3      

      SEC USE ONLY

     

      4      

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

       The Netherlands

    NUMBER OF

    SHARES

      BENEFICIALLY  

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

        5     

      SOLE VOTING POWER

     

       9,197,000

      6     

      SHARED VOTING POWER

     

       0

      7     

      SOLE DISPOSITIVE POWER

     

      9,197,000

      8     

      SHARED DISPOSITIVE POWER

     

       0

      9      

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

       9,197,000(1)

    10      

      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

     

      ☐

    11      

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      9.6%(2)

    12      

      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     

       OO(3)

     

    (1)

    Clavis Family Services B.V. is the sole director of CMXI. Mr. Schuurman, the controlling shareholder of CMXI, holds sole voting and dispositive power with respect to these Ordinary Shares.

    (2)

    Based on 95,605,341 Ordinary Shares outstanding as of November 30, 2022, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2022, filed with the SEC on December 2, 2022.

    (3)

    CMXI is a Dutch private company with limited liability.

     

    Page 3


    Item 1.

     

      (a)

    Name of Issuer:

     

        

    Elastic N.V.

     

      (b)

    Address of Issuer’s Principal Executive Offices:

     

        

    N/A

    Item 2.

     

      (a)

    Name of Persons Filing:

     

        

    Each of the following is a reporting person (“Reporting Person”):

        

    Steven Schuurman

        

    CMXI B.V., or CMXI

     

      (b)

    Address of Principal Business Office or, if none, Residence:

     

        

    The address for Mr. Schuurman is:

        

    c/o Elastic N.V.

        

    800 West El Camino Real, Suite 350

        

    Mountain View, California 94040

        

    The address for CMXI is:

        

    Hof van Zevenbergen 1A

        

    5211 HB

        

    ‘s-Hertogenbosch

        

    The Netherlands

     

      (c)

    Citizenship:

     

        

    Reference is made to the response to item 4 on each of pages 2-3 of this Schedule 13G (this “Schedule”), which responses are incorporated herein by reference.

     

      (d)

    Title of Class of Securities:

     

        

    Ordinary Shares, €0.01 par value per share

     

      (e)

    CUSIP Number: N14506 104

     

    Item 3.

    If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:

     

      

    Not applicable.

     

    Item 4.

    Ownership.

     

      

    Reference is hereby made to the responses in items 5-9 and 11 of pages 2-3 of this Schedule 13G, which responses are incorporated herein by reference.

     

    Item 5.

    Ownership of Five Percent or Less of a Class.

     

      

    Not applicable.

     

    Item 6.

    Ownership of More than Five Percent on Behalf of Another Person.

     

      

    Not applicable.

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

     

      

    Not applicable.

     

    Item 8.

    Identification and Classification of Members of the Group.

     

      

    Not applicable.

     

    Page 4


    Item 9.

    Notice of Dissolution of Group.

     

      

    Not applicable.

     

    Item 10.

    Certifications.

     

      

    Not applicable.

     

    Page 5


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date: February 14, 2023

     

    STEVEN SCHUURMAN

    /s/ Steven Schuurman

    CMXI B.V.
    By:   Clavis Family Services B.V.
    Its:   Managing Director
    By:   /s/ M.W.L. Dill
    Name:   M.W.L. Dill
    Title:   Director
    Get the next $ESTC alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $ESTC

    DatePrice TargetRatingAnalyst
    10/6/2025$90.00Sector Outperform → Sector Perform
    Scotiabank
    10/1/2025$90.00Equal Weight
    Wells Fargo
    8/29/2025$105.00Neutral
    DA Davidson
    8/29/2025$111.00 → $150.00Buy
    Monness Crespi & Hardt
    6/27/2025$111.00Neutral → Buy
    Monness Crespi & Hardt
    6/10/2025Sector Weight
    KeyBanc Capital Markets
    1/17/2025$108.00Neutral
    Cantor Fitzgerald
    12/17/2024$130.00Overweight
    Morgan Stanley
    More analyst ratings

    $ESTC
    SEC Filings

    View All

    Elastic N.V. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - Elastic N.V. (0001707753) (Filer)

    10/9/25 4:47:25 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    SEC Form 144 filed by Elastic N.V.

    144 - Elastic N.V. (0001707753) (Subject)

    10/6/25 4:27:14 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic N.V. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    8-K - Elastic N.V. (0001707753) (Filer)

    9/30/25 4:01:20 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Elastic Announces $500 Million Share Repurchase Program

    Elastic (NYSE:ESTC), the Search AI Company, today announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to repurchase up to $500 million of the Company's outstanding ordinary shares from time to time. The repurchase program does not have an expiration date. "Our share repurchase program reflects the Board and management team's confidence in the strength of Elastic's business, strategy and execution," said Navam Welihinda, Chief Financial Officer of Elastic. "Through our disciplined capital allocation approach and strong balance sheet, we are well-positioned to continue investing in our business while delivering value to our sha

    10/9/25 4:45:00 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic Introduces Native Inference Service in Elastic Cloud

    New service to provide GPU-accelerated embedding and retrieval models Elastic (NYSE:ESTC), the Search AI Company, today announced the Elastic Inference Service (EIS), a GPU-accelerated inference-as-a-service for Elasticsearch semantic search, vector search, and generative AI workflows. Every generative AI and vector search application relies on inference, and Elastic now delivers these capabilities natively as part of Elastic Cloud. As volumes grow, managing infrastructure, testing models, and handling integrations creates operational overhead that slows teams down. This has created a need for GPU-acceleration and an integrated workflow to provide speed, scalability, and cost efficiency

    10/9/25 11:02:00 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic Completes Acquisition of Jina AI, a Leader in Frontier Models for Multimodal and Multilingual Search

    Acquisition advances Elastic's leadership in retrieval, embeddings, and context engineering to power agentic AI Elastic (NYSE:ESTC), the Search AI Company, has completed the acquisition of Jina AI, a pioneer in open source multimodal and multilingual embeddings, reranker, and small language models. The acquisition deepens Elastic's capabilities in vector search, retrieval-augmented generation (RAG), and context engineering, further strengthening the company's position as the leading Search AI Platform for developers and enterprises. Elastic's addition of Jina AI demonstrates its continued commitment to delivering open, accessible, and production-ready Search AI at scale. "Search is th

    10/9/25 9:02:00 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Auvil Paul R. Iii bought $1,484,968 worth of Ordinary Shares (20,000 units at $74.25), increasing direct ownership by 761% to 22,627 units (SEC Form 4)

    4 - Elastic N.V. (0001707753) (Issuer)

    9/3/24 4:50:24 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chief Financial Officer Welihinda Navam sold $106,232 worth of Ordinary Shares (1,256 units at $84.58), decreasing direct ownership by 0.96% to 129,247 units (SEC Form 4)

    4 - Elastic N.V. (0001707753) (Issuer)

    10/7/25 4:31:32 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Director Gleeson Alison was granted 2,663 units of Ordinary Shares, increasing direct ownership by 29% to 11,906 units (SEC Form 4)

    4 - Elastic N.V. (0001707753) (Issuer)

    10/2/25 6:03:18 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Director Leibowitz Shelley B was granted 2,663 units of Ordinary Shares, increasing direct ownership by 32% to 10,906 units (SEC Form 4)

    4 - Elastic N.V. (0001707753) (Issuer)

    10/2/25 6:03:04 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Elastic downgraded by Scotiabank with a new price target

    Scotiabank downgraded Elastic from Sector Outperform to Sector Perform and set a new price target of $90.00

    10/6/25 8:23:54 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Wells Fargo initiated coverage on Elastic with a new price target

    Wells Fargo initiated coverage of Elastic with a rating of Equal Weight and set a new price target of $90.00

    10/1/25 8:49:09 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    DA Davidson resumed coverage on Elastic with a new price target

    DA Davidson resumed coverage of Elastic with a rating of Neutral and set a new price target of $105.00

    8/29/25 8:20:27 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Financials

    Live finance-specific insights

    View All

    Elastic Completes Acquisition of Jina AI, a Leader in Frontier Models for Multimodal and Multilingual Search

    Acquisition advances Elastic's leadership in retrieval, embeddings, and context engineering to power agentic AI Elastic (NYSE:ESTC), the Search AI Company, has completed the acquisition of Jina AI, a pioneer in open source multimodal and multilingual embeddings, reranker, and small language models. The acquisition deepens Elastic's capabilities in vector search, retrieval-augmented generation (RAG), and context engineering, further strengthening the company's position as the leading Search AI Platform for developers and enterprises. Elastic's addition of Jina AI demonstrates its continued commitment to delivering open, accessible, and production-ready Search AI at scale. "Search is th

    10/9/25 9:02:00 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic Reports First Quarter Fiscal 2026 Financial Results

    Q1 Revenue of $415 million, up 20% year-over-year (18% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced financial results for its first quarter of fiscal 2026 ended July 31, 2025. First Quarter Fiscal 2026 Financial Highlights Total revenue was $415 million, an increase of 20% year-over-year, or 18% on a constant currency basis Total subscription revenue was $389 million, an increase of 20% year-over-year, or 19% on a constant currency basis Sales-led subscription revenue (calculated as subscription revenue excluding monthly Elastic Cloud) was $339 million, an increase of 22% year-over-year, or 20% on a constant currency basis Elastic C

    8/28/25 4:05:00 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic to Announce First Quarter Fiscal 2026 Earnings Results on Thursday, August 28, 2025

    Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its first quarter fiscal 2026 ended July 31, 2025, after the U.S. market close on Thursday, August 28, 2025. The company will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone trans

    8/14/25 4:15:00 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Leadership Updates

    Live Leadership Updates

    View All

    Elastic Names Navam Welihinda Chief Financial Officer

    Former HashiCorp and IBM executive joins Elastic to play key role in driving next phase of growth Elastic ® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Navam Welihinda as chief financial officer, effective February 28, 2025. In this role, Welihinda will serve as the Company's principal financial officer and principal accounting officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227725046/en/Navam Welihinda, Chief Financial Officer at Elastic (Photo: Business Wire) Welihinda joins Elastic from Grammarly, where he served as CFO and oversaw corporate finance and corporate

    2/27/25 4:05:00 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Autodesk appoints Janesh Moorjani as chief financial officer

    SAN FRANCISCO, Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ:ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024. Moorjani brings over 20 years of experience in the technology industry, with deep expertise in driving growth and efficiency at scale. Most recently, Moorjani served as CFO and COO of Elastic NV (NYSE:ESTC), the Search AI Company. Reporting to chief executive officer Andrew Anagnost, Moorjani will lead and oversee Autodesk's global finance organization. Moorjani will succeed interim c

    11/26/24 4:01:00 PM ET
    $ADSK
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Elastic Names Mark Dodds Chief Revenue Officer

    Former Cisco executive joins Elastic to help spearhead company's continued growth Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Reporting to Elastic CEO Ash Kulkarni, Dodds will be responsible for driving all aspects of the company's revenue growth, building on its ongoing success as the leading search analytics platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211976269/en/Mark Dodds, Chief Revenue Officer, Elastic (Photo: Busines Wire) Dodds brings extensive global sales leadership experience to the

    12/11/23 9:00:00 AM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    $ESTC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Elastic N.V.

    SC 13G/A - Elastic N.V. (0001707753) (Subject)

    11/13/24 4:43:44 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    Amendment: SEC Form SC 13G/A filed by Elastic N.V.

    SC 13G/A - Elastic N.V. (0001707753) (Subject)

    11/13/24 4:42:44 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology

    SEC Form SC 13G/A filed by Elastic N.V. (Amendment)

    SC 13G/A - Elastic N.V. (0001707753) (Subject)

    2/14/24 4:51:13 PM ET
    $ESTC
    Computer Software: Prepackaged Software
    Technology