Eastman Kodak (NYSE:KODK) Shares Purchased by ARK Investment Management LLC

ARK Investment Management LLC boosted its stake in Eastman Kodak (NYSE:KODK) by 9.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,218 shares of the technology company’s stock after purchasing an additional 1,692 shares during the period. ARK Investment Management LLC’s holdings in Eastman Kodak were worth $126,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Eastman Kodak by 1.1% during the third quarter. State Street Corp now owns 1,956,101 shares of the technology company’s stock worth $9,233,000 after buying an additional 20,731 shares during the period. Geode Capital Management LLC lifted its stake in Eastman Kodak by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,528,671 shares of the technology company’s stock worth $7,217,000 after acquiring an additional 57,487 shares in the last quarter. Royce & Associates LP lifted its stake in Eastman Kodak by 7.4% during the 3rd quarter. Royce & Associates LP now owns 940,334 shares of the technology company’s stock worth $4,438,000 after acquiring an additional 64,680 shares in the last quarter. Empowered Funds LLC boosted its holdings in Eastman Kodak by 22.0% during the 4th quarter. Empowered Funds LLC now owns 417,758 shares of the technology company’s stock valued at $2,745,000 after acquiring an additional 75,298 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Eastman Kodak by 75.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 222,065 shares of the technology company’s stock valued at $1,048,000 after acquiring an additional 95,402 shares in the last quarter. Hedge funds and other institutional investors own 33.65% of the company’s stock.

Insider Activity at Eastman Kodak

In related news, Director Michael Sileck bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost 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. This trade represents a 10.21 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Philippe D. Katz purchased 6,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were bought at an average price of $6.50 per share, for a total transaction of $39,000.00. Following the acquisition, the director now owns 170,026 shares in the company, valued at $1,105,169. This trade represents a 3.66 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 23.86% of the company’s stock.

Eastman Kodak Stock Down 0.4 %

Shares of NYSE:KODK opened at $7.13 on Thursday. The firm has a market capitalization of $573.25 million, a PE ratio of 10.19 and a beta of 3.66. Eastman Kodak has a 1 year low of $3.46 and a 1 year high of $8.24. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The firm’s 50-day moving average is $7.09 and its two-hundred day moving average is $5.94.

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.