CEO/executive purchases are positive but the dollar amount is trivial relative to Elanco's market cap. The buys align with the 91% bullish analyst consensus but do not signal material new information. Monitor for larger insider accumulation or the next 8-K earnings release for substantive catalysts.
Price Chart
Executive Summary
Elanco's CEO Jeffrey Simmons and another senior executive made open-market purchases totaling $200K on May 15. In addition, eight directors received non-cash stock grants of 4,678 shares each on May 21 — a routine director compensation event with no economic outlay. The CEO/executive buys are the sole cash transactions and represent ~0.002% of Elanco's $10.9B market cap, a trivial amount with no material signal. Historical calibration on this ticker shows prior directional calls (score=8) produced a -18% T+5 return, while score=6 calls have only a 30% T+20 win rate — suggesting strong bullish scoring on this ticker has historically underperformed. With a 91% analyst buy rating, the insider purchases appear consistent with existing bull sentiment rather than new information.
Key Financial Metrics
Key Facts
- CEO Jeffrey Simmons purchased 5,000 shares for ~$100K on May 15
- Executive Modi Rajeev purchased 4,900 shares for ~$100K on May 15
- Total open-market purchases: $200K vs $10.9B market cap = ~0.002%
- Eight directors received identical non-cash grants of 4,678 shares each on May 21 (total $0 cash)
- Prior ELAN reports show score=6 filings have only 30% T+20 win rate; score=8 produced -18% T+5 return
Financial Impact
Two open-market buys totaling $200K, representing ~0.002% of $10.9B market cap — de minimis. Director grants are non-cash compensation with zero economic value.
Risk Factors
- Prior directional reads on ELAN have shown negative T+5 returns, indicating the stock may not react positively to modest insider signals
- The $200K total purchase is 0.002% of market cap — statistically noise; overstated reaction risk
- Director grants are routine compensation, not conviction buys
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ELAN-1779828423521 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Press Release | $23.17 $22.42 | ▼ −3.24% | ▼ −3.02% | $22.14 (−4.45%) |
Aug 21, 2026 6w ago | Insider Cluster | $23.97 $24.11 | ▲ +0.58% | ▲ +0.11% | $22.14 (−7.63%) |
Aug 21, 2026 6w ago | Insider Cluster | $23.97 $24.11 | ▲ +0.58% | ▲ +0.11% | $22.14 (−7.63%) |
Aug 18, 2026 6w ago | Insider Cluster | $23.63 $25.09 | ▲ +6.19% | ▲ +6.39% | $22.14 (−6.30%) |
Aug 13, 2026 7w ago | Insider Cluster | $22.51 $23.56 | ▲ +4.66% | ▲ +6.63% | $22.14 (−1.64%) |
Aug 10, 2026 7w ago | Insider Cluster | $22.73 $23.64 | ▲ +4.00% | ▲ +4.41% | $22.14 (−2.60%) |
Aug 5, 2026 8w ago | 8-K | $26.22 $22.04 | ▼ −15.95% | ▼ −16.30% | $22.14 (−15.56%) |
Jun 29, 2026 13w ago | Court Ruling | $24.74 $25.13 | ▲ +1.58% | ▲ +0.19% | $22.14 (−10.51%) |
May 19, 2026 19w ago | Insider Cluster | $23.61 $24.58 | ▲ +4.11% | ▲ +3.64% | $22.14 (−6.22%) |
May 19, 2026 19w ago | Insider Cluster | $20.83 $23.69 | ▲ +13.74% | ▲ +12.50% | $22.14 (+6.30%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access