50-year Wall Street legend: “Sell this tech stock NOW”

Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies.

You can watch for it for free, right here.

Shay Banon Biography and Net Worth

CEO of Elastic

As a founder of Elasticsearch and the CEO of Elastic, I have been fascinated with search ever since I tried to build a recipe app for my wife in 2004, a journey that led to me writing the first few lines of code of Elasticsearch in 2009 and later founding Elastic in 2012. I believe finding beauty and excelling is a combination of perspective and grit. As someone who got into computers by counting the number of job postings in the newspaper, I love building things — a product, a community, or a company — and the process of acquiring the knowledge to do so.

What is Shay Banon's net worth?: The estimated net worth of Shay Banon is at least $490.80 million as of September 9th, 2024. Mr. Banon owns 4,543,190 shares of Elastic stock worth more than $490,800,816 as of November 22nd. This net worth estimate does not reflect any other assets that Mr. Banon may own. Additionally, Mr. Banon receives a salary of $751,580.00 as CEO at Elastic. Learn More about Shay Banon's net worth.
How old is Shay Banon?: Mr. Banon is currently 46 years old. There are 5 older executives and no younger executives at Elastic. The oldest executive at Elastic is Ms. Carolyn Herzog, Chief Legal Officer & Corporate Secretary, who is 57 years old. Learn More on Shay Banon's age.
What is Shay Banon's salary?: As the CEO of Elastic, Mr. Banon earns $751,580.00 per year. There are 2 executives that earn more than Mr. Banon. The highest earning executive at Elastic is Mr. Ashutosh Kulkarni, CEO & Executive Director, who commands a salary of $1,140,000.00 per year. Learn More on Shay Banon's salary.
How do I contact Shay Banon?: The corporate mailing address for Mr. Banon and other Elastic executives is 800 West El Camino Real Suite 350, Mountain View CA, 94040. Elastic can also be reached via phone at (650) 458-2620 and via email at [email protected]. Learn More on Shay Banon's contact information.
Has Shay Banon been buying or selling shares of Elastic?: Shay Banon has not been actively trading shares of Elastic within the last three months. Most recently, Shay Banon sold 2,666 shares of the business's stock in a transaction on Monday, September 9th. The shares were sold at an average price of $70.25, for a transaction totalling $187,286.50. Following the completion of the sale, the chief technology officer now directly owns 4,543,190 shares of the company's stock, valued at $319,159,097.50. Learn More on Shay Banon's trading history.
Who are Elastic's active insiders?: Elastic's insider roster includes Paul Appleby (Insider), Paul Auvil, III (Director), Shay Banon (CEO), Jonathan Chadwick (Director), Mark Dodds (CRO), Ken Exner (Insider), Peter Fenton (Director), W.H. Garrett (SVP), Kevin Kluge (SVP), Ashutosh Kulkarni (CEO & Executive Director), Shelley Leibowitz (Director), Janesh Moorjani (CFO), and Steven Schuurman (Director). Learn More on Elastic's active insiders.
Are insiders buying or selling shares of Elastic?: During the last year, Elastic insiders bought shares 1 times. They purchased a total of 20,000 shares worth more than $1,485,000.00. During the last year, insiders at the sold shares 28 times. They sold a total of 1,484,025 shares worth more than $150,718,760.74. The most recent insider tranaction occured on September, 9th when CFO Janesh Moorjani sold 6,941 shares worth more than $487,605.25. Insiders at Elastic own 15.9% of the company. Learn More about insider trades at Elastic.
Information on this page was last updated on 9/9/2024.

Shay Banon Insider Trading History at Elastic

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/9/2024	Sell	2,666	$70.25	$187,286.50	4,543,190
6/24/2024	Sell	120,000	$109.48	$13,137,600.00	2,754,978
6/21/2024	Sell	180,000	$107.82	$19,407,600.00	2,874,978
6/10/2024	Sell	5,260	$109.89	$578,021.40	4,545,856
3/20/2024	Sell	20,000	$101.52	$2,030,400.00	3,054,978
3/18/2024	Sell	100,000	$101.73	$10,173,000.00	3,254,978
3/12/2024	Sell	1,322	$106.23	$140,436.06	4,518,714
12/11/2023	Sell	89,995	$116.10	$10,448,419.50	4,520,036
6/12/2023	Sell	150,000	$70.24	$10,536,000.00	7,943,854
6/9/2023	Sell	151,994	$70.43	$10,704,937.42	8,093,854
12/9/2022	Sell	2,026	$53.60	$108,593.60	8,245,848
12/9/2021	Sell	2,074	$122.87	$254,832.38
10/25/2021	Sell	111,277	$173.01	$19,252,033.77
10/22/2021	Sell	3,700	$170.09	$629,333.00
10/20/2021	Sell	4,150	$170.61	$708,031.50
10/18/2021	Sell	69,985	$170.48	$11,931,042.80
6/9/2021	Sell	3,132	$133.45	$417,965.40	8,470,066
3/3/2021	Sell	79,020	$133.72	$10,566,554.40	8,527,218
12/14/2020	Sell	138,565	$140.52	$19,471,153.80	8,600,204
12/10/2020	Sell	208,602	$141.18	$29,450,430.36	8,618,541
6/10/2020	Sell	229,208	$82.23	$18,847,773.84	8,612,483
6/2/2020	Sell	10,000	$88.18	$881,800.00	8,443,358
5/4/2020	Sell	10,000	$62.49	$624,900.00	8,443,358
4/2/2020	Sell	10,000	$50.42	$504,200.00	8,443,358
3/2/2020	Sell	10,000	$71.35	$713,500.00	8,443,358
2/3/2020	Sell	10,000	$65.35	$653,500.00	8,443,358
1/2/2020	Sell	10,000	$66.11	$661,100.00	8,443,358
12/2/2019	Sell	10,000	$76.07	$760,700.00	8,443,358
10/2/2019	Sell	10,000	$79.81	$798,100.00
9/3/2019	Sell	10,000	$82.00	$820,000.00	8,443,358
8/1/2019	Sell	226,304	$98.85	$22,370,150.40
7/30/2019	Sell	273,696	$99.34	$27,188,960.64
6/10/2019	Sell	200,000	$79.69	$15,938,000.00

Shay Banon Buying and Selling Activity at Elastic

Elastic Company Overview

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company's Elastic Stack product portfolio 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; Elastic Agent that offers integrated host protection and central management services; 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 from a multitude of sources simultaneously. It also provides software solutions on the Elastic Stack that address cases, including search applications, workplace search, logs, metrics, application performance monitoring, synthetic monitoring, security information and event management (SIEM), endpoint security, extended detection and response, and cloud security. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.

Today's Range

Now: $107.94

$106.53

$118.18

50 Day Range

MA: $81.13

$74.98

$94.57

2 Week Range

Now: $107.94

$69.00

$136.06

Volume

7,728,121 shs

Average Volume

1,323,253 shs

Market Capitalization

$11.09 billion

P/E Ratio

196.25

Dividend Yield

N/A

Beta

0.94

50-year Wall Street legend: “Sell this tech stock NOW”

From Chaikin Analytics | Ad

Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies.

You can watch for it for free, right here.

Shay Banon Biography and Net Worth

What is Shay Banon's net worth?

How old is Shay Banon?

What is Shay Banon's salary?

How do I contact Shay Banon?

Has Shay Banon been buying or selling shares of Elastic?

Who are Elastic's active insiders?

Are insiders buying or selling shares of Elastic?