Lilly(Eli) & Co’s recent filing unveils that 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 $80.04 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 1.93% to $826.07. Over the last five days, the stock has gained 2.62%. Lilly(Eli) & Co shares have risen nearly 7.00% since the year began. Nevertheless, the stocks have risen 25.08% over the past one year. While a 52-week high of $972.53 was reached on 02/04/25, a 52-week low of $682.53 was recorded on 01/17/25. SMA at 50 days reached $784.05, while 200 days put it at $841.06.
Levels Of Support And Resistance For LLY Stock
The 24-hour chart illustrates a support level at 811.66, which if violated will result in even more drops to 797.24. On the upside, there is a resistance level at 834.76. A further resistance level may holdings at 843.45. The Relative Strength Index (RSI) on the 14-day chart is 61.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 32.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.85%. Stochastics %K at 88.24% indicates the stock is a selling.
How much short interest is there in Lilly(Eli) & Co?
A steep rise in short interest was recorded in Lilly(Eli) & Co stocks on 2025-01-15, growing by 1.43 million shares to a total of 7.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.79 million shares. There was a rise of 19.8%, which implies that there is a positive sentiment for the stock.
