Eastman Kodak (NYSE:KODK) Director Purchases $39,000.00 in Stock

Eastman Kodak (NYSE:KODK) Director Philippe D. Katz acquired 6,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of $6.50 per share, with a total value of $39,000.00. Following the completion of the acquisition, the director now directly owns 170,026 shares in the company, valued at $1,105,169. The trade was a 3.66 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Eastman Kodak Stock Performance

NYSE KODK opened at $6.80 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41. The company has a market capitalization of $546.72 million, a P/E ratio of 9.71 and a beta of 3.73. The company has a fifty day moving average of $5.49 and a 200-day moving average of $5.36. Eastman Kodak has a 52-week low of $3.33 and a 52-week high of $7.74.

Eastman Kodak (NYSE:KODK) last posted its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.15 earnings per share for the quarter. The business had revenue of $261.00 million during the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.

Institutional Trading of Eastman Kodak

Several hedge funds have recently added to or reduced their stakes in KODK. Price T Rowe Associates Inc. MD lifted its stake in Eastman Kodak by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 60,823 shares of the technology company’s stock worth $302,000 after purchasing an additional 3,214 shares during the last quarter. CWM LLC lifted its stake in Eastman Kodak by 128.4% in the second quarter. CWM LLC now owns 11,410 shares of the technology company’s stock worth $61,000 after purchasing an additional 6,415 shares during the last quarter. Gladius Capital Management LP bought a new stake in Eastman Kodak in the second quarter worth $33,000. Tennessee Valley Asset Management Partners increased its position in shares of Eastman Kodak by 43.8% in the second quarter. Tennessee Valley Asset Management Partners now owns 23,000 shares of the technology company’s stock valued at $124,000 after acquiring an additional 7,000 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Eastman Kodak by 8.9% in the second quarter. Bank of New York Mellon Corp now owns 372,239 shares of the technology company’s stock valued at $2,003,000 after acquiring an additional 30,375 shares during the period. 33.65% of the stock is owned by institutional investors.

Eastman Kodak Company Profile

Eastman Kodak Company engages in the provision of hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through three segments: Print, Advanced Materials and Chemicals, and Brand.