In a filing, Lilly(Eli) & Co revealed its Officer Zakrowski Donald A acquired Company’s shares for reported $0.72 million on Nov 08 ’24. In the deal valued at $803.38 per share,900 shares were bought.
Then, Zakrowski Donald A sold 900 shares, generating $723,042 in total proceeds. Upon selling the shares at $803.38, the SVP, Finance, & CAO now owns 5,480 shares.
Before that, LILLY ENDOWMENT INC sold 24,084 shares. Lilly(Eli) & Co shares valued at $23,281,840 were divested by the 10% Owner at a price of $966.69 per share. As a result of the transaction, LILLY ENDOWMENT INC now holds 96,891,978 shares, worth roughly $74.93 billion.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating. Bernstein began covering LLY with “an Outperform” recommendation on October 17, 2024.
Price Performance Review of LLY
On Tuesday, Lilly(Eli) & Co [NYSE:LLY] saw its stock jump 1.07% to $773.29. Over the last five days, the stock has lost -0.07%. Lilly(Eli) & Co shares have risen nearly 0.17% since the year began. Nevertheless, the stocks have risen 25.02% over the past one year. While a 52-week high of $972.53 was reached on 01/02/25, a 52-week low of $609.59 was recorded on 01/07/25. SMA at 50 days reached $795.27, while 200 days put it at $839.50.
Levels Of Support And Resistance For LLY Stock
The 24-hour chart illustrates a support level at 761.95, which if violated will result in even more drops to 750.62. On the upside, there is a resistance level at 784.29. A further resistance level may holdings at 795.30. The Relative Strength Index (RSI) on the 14-day chart is 44.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.56%. Stochastics %K at 35.72% indicates the stock is a holding.
How much short interest is there in Lilly(Eli) & Co?
A steep rise in short interest was recorded in Lilly(Eli) & Co stocks on 2024-12-13, dropping by -0.75 million shares to a total of 5.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.54 million shares. There was a decline of -12.99%, which implies that there is a negative sentiment for the stock.
