Lilly CEO Buys $1 Million of Stock After Share-Price Drop on Obesity Drug Data

Published 2 months ago Negative
Lilly CEO Buys $1 Million of Stock After Share-Price Drop on Obesity Drug Data
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Eli Lilly CEO David Ricks bought just over $1 million of Lilly shares in the open market Tuesday following the sharp drop in the stock in the wake of its earnings report last week. Ricks purchased 1,632 shares for an average price of $644.77 on Tuesday, according to a Form 4 report filed with the Securities and Exchange Commission late Tuesday. Other Lilly insiders purchased stock on Tuesday, including Executive Vice President Daniel Skovronsky.

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