Insider Cluster (6 insiders) ·Filed Aug 18, 2026

LLY

ELI LILLY & Co
NEUTRAL
Impact 3/10
Horizondays Processed2mo ago
Insider cluster: 2 insiders, $10.0M total
Actionable Insight • Neutral

These sales are routine and immaterial relative to market cap. No bearish signal. Monitor for any unplanned insider buying or a sudden increase in sale volume above 0.1% of market cap, which would be more informative.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d
LLY ▼ -7.17% at T+20d
NEUTRAL call ✗ call lost -7.17% · α vs SPY -5.86% · entry $1,225.73 → $1,137.82
Next anchor: T+60d in 22d
Latest observation: T+41 -3.45% FF3 residual α
Entry anchored
Aug 17, 07:57 PM ET
via 1-min bar
T+1d
+4.46%
call +4.46% · α +4.25%
$1,280.34
settled 2mo ago
T+5d
+0.65%
call +0.65% · α +0.85%
$1,233.66
settled 8w ago
T+20d
-7.17%
call -7.17% · α -5.86%
$1,137.82
settled 5w ago
T+60d
—
call — · α —
—
in 22d

Price Chart

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Executive Summary

Two senior executives at Eli Lilly sold a combined $10.01M in stock over the past week, including the EVP of International and the SVP of Finance. These sales follow a strong Q2 earnings beat and raised guidance, suggesting the trades are likely routine portfolio diversification rather than a bearish signal. The dollar amount is trivial relative to Lilly's $1.1 trillion market cap, and the cluster is not amplified by the academic literature's asymmetric buy/sell calibration.

Key Financial Metrics

Direction
selling
Total Value
$10.0M
Insiders
6

Key Facts

  • EVP & President of Lilly International Patrik Jonsson sold 6,500 shares for $7.64M on 2026-08-17.
  • SVP, Finance & CAO Donald Zakrowski sold 2,000 shares for $2.37M on 2026-08-10.
  • Total insider sales in the cluster: $10.01M, representing ~0.0009% of LLY's $1.1T market cap.
  • Four directors received small stock grants (non-cash) on 2026-08-17, totaling ~$43K — these are routine compensation events.
  • The cluster follows Lilly's Q2 2026 earnings beat (revenue +48% YoY, EPS +33%) and raised full-year guidance.

Financial Impact

Total insider sales of $10.01M represent ~0.0009% of market cap — immaterial.

dilution

Risk Factors

  • Insider sales could accelerate if executives perceive peak valuation, though current data does not support this.
  • No risk of material dilution from these small sales.

Market Snapshot

Exchange
NYSE
Sector
Pharmaceutical Preparations
Analyst Consensus
79% bullish (38 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LLY-1787121354217
15 reports for LLY
Performance horizon
100% Hit rate 6 of 6 directional calls best @ T+60▲ +31.53%Apr 16, 2026
Filters
Rows
Reports for LLY — sortable, filterable
TypeNow
Sep 11, 2026
5w ago
Press Release
BULLISH ★ 5/10
$1,115.70 $1,179.27▲ +5.70%▲ +3.83%$1,257.03 (+12.67%)
Sep 8, 2026
5w ago
Court Ruling
NEUTRAL ★ 4/10
$1,123.91 $1,157.49▲ +2.99%▲ +1.02%$1,257.03 (+11.84%)
Aug 18, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$1,225.73 $1,137.82▼ −7.17%▼ −5.86%$1,257.03 (+2.55%)
Aug 11, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$1,215.02 $1,124.21▼ −7.47%▼ −6.42%$1,257.03 (+3.46%)
Aug 7, 2026
10w ago
Court Ruling
NEUTRAL ★ 3/10
$1,185.71 $1,149.36▼ −3.07%▼ −2.67%$1,257.03 (+6.01%)
Aug 5, 2026
10w ago
8-K
BULLISH ★ 8/10
$1,169.86 $1,160.08▼ −0.84%▼ −0.23%$1,257.03 (+7.45%)
Aug 4, 2026
10w ago
Court Ruling
BULLISH ★ 5/10
$1,115.68 $1,160.00▲ +3.97%▲ +5.21%$1,257.03 (+12.67%)
Jul 31, 2026
11w ago
Court Ruling
BEARISH ★ 7/10
$1,148.84 $1,174.61▼ −2.24%▲ +0.74%$1,257.03 (−9.42%)
Jul 30, 2026
11w ago
Court Ruling
BULLISH ★ 4/10
$1,154.97 $1,176.10▲ +1.83%▼ −2.14%$1,257.03 (+8.84%)
Jul 22, 2026
12w ago
Press Release
NEUTRAL ★ 2/10
$1,163.01 $1,280.34▲ +10.09%▲ +7.19%$1,257.03 (+8.08%)
Showing 10 of 15

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Report published Aug 19, 2026