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flag Resona Asset Management bought $192 million worth of Eli Lilly shares, despite the company missing earnings expectations.

flag Resona Asset Management has bought 248,756 shares of Eli Lilly, valued at $192 million, making it their 12th largest holding. flag Eli Lilly reported a quarterly earnings per share of $5.32, falling short of analysts' expectations of $5.45. flag The company's market cap is $699 billion, with a P/E ratio of 62.99. flag Shares opened at $737.56, with a 52-week range of $711.40 to $972.53. flag CAO Donald A. Zakrowski sold 1,000 shares, reducing his ownership by 14.62%. flag Institutional investors own 82.53% of Eli Lilly's shares.

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