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Eli Lilly CEO David Ricks purchased 1,632 shares at $644.77 each, totaling $1.05M, while Ryman Hospitality Properties Exec. Chairman Colin Reed bought 8,611 shares at $95.21 each, totaling $819,836. Both purchases were made on Tuesday and Wednesday, respectively, with Eli Lilly trading up 2% and Ryman Hospitality Properties trading off 2.8% on Thursday.
Eli Lilly (LLY) CEO David Ricks purchased 1,632 shares at $644.77 each, totaling $1.05 million, on August 12, 2025 [1]. This move followed a 14% stock decline after the company's oral obesity drug, orforglipron, underperformed in Phase 3 trials. The stock purchase comes with LLY trading at $652.91 per share, down 33% from its 52-week high of $952.73 [1]. Ricks' confidence in the company's long-term strategy signals a vote of confidence in Eli Lilly's GLP-1 therapy expansion [1].
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