Insider Buying: Eastman Kodak (NYSE:KODK) Director Purchases 10,000 Shares of Stock

Eastman Kodak (NYSE:KODK) Director Michael Sileck bought 10,000 shares of Eastman Kodak stock in a transaction dated Thursday, December 19th. The stock was acquired at an average price of $7.02 per share, for a total transaction of $70,200.00. Following the completion of the acquisition, the director now owns 107,940 shares in the company, valued at approximately $757,738.80. The trade was a 10.21 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eastman Kodak Trading Down 0.6 %

KODK traded down $0.04 on Monday, hitting $6.81. The company had a trading volume of 806,842 shares, compared to its average volume of 952,618. The business’s fifty day simple moving average is $5.72 and its 200 day simple moving average is $5.42. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. Eastman Kodak has a 12-month low of $3.33 and a 12-month high of $7.74. The company has a market cap of $547.52 million, a PE ratio of 9.73 and a beta of 3.73.

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

Institutional Investors Weigh In On Eastman Kodak

Several hedge funds and other institutional investors have recently made changes to their positions in KODK. Dimensional Fund Advisors LP boosted its stake in shares of Eastman Kodak by 49.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,007,735 shares of the technology company’s stock worth $10,801,000 after purchasing an additional 659,991 shares during the period. Marshall Wace LLP purchased a new position in shares of Eastman Kodak during the second quarter valued at approximately $2,197,000. American Century Companies Inc. grew its position in Eastman Kodak by 77.9% in the 2nd quarter. American Century Companies Inc. now owns 715,264 shares of the technology company’s stock valued at $3,848,000 after acquiring an additional 313,191 shares during the last quarter. Victory Capital Management Inc. purchased a new position in Eastman Kodak in the 3rd quarter worth about $635,000. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in Eastman Kodak by 59.7% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 218,669 shares of the technology company’s stock valued at $1,176,000 after buying an additional 81,782 shares in the last quarter. Hedge funds and other institutional investors own 33.65% of the company’s stock.

About Eastman Kodak

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.