Eli Lilly And Company Form4 Filing Shows Lilly Endowment Inc Sold 31,454 Shares At An Average Price Of $454.13/Share
Portfolio Pulse from Benzinga Newsdesk
Lilly Endowment Inc sold 31,454 shares of Eli Lilly and Company (LLY) at an average price of $454.13 per share, according to a recent Form4 filing.
June 22, 2023 | 5:10 pm
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Lilly Endowment Inc sold 31,454 shares of Eli Lilly and Company at an average price of $454.13 per share.
The sale of 31,454 shares by Lilly Endowment Inc may put downward pressure on Eli Lilly and Company's stock price in the short term, as it indicates insider selling. This could be interpreted as a lack of confidence in the company's future performance.
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