Eastman Kodak (NYSE:KODK) Director Philippe D. Katz Purchases 6,000 Shares

Eastman Kodak (NYSE:KODK) Director Philippe D. Katz purchased 6,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was purchased 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 of the company’s stock, valued at approximately $1,105,169. This represents a 3.66 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Eastman Kodak Price Performance

Shares of KODK opened at $6.81 on Friday. The business’s fifty day moving average is $5.45 and its 200 day moving average is $5.35. Eastman Kodak has a 12-month low of $3.33 and a 12-month high of $7.74. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. The stock has a market cap of $547.52 million, a P/E ratio of 9.71 and a beta of 3.73.

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

Hedge Funds Weigh In On Eastman Kodak

Several large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC bought a new position in Eastman Kodak during the 3rd quarter valued at $25,000. Gladius Capital Management LP purchased a new stake in shares of Eastman Kodak in the second quarter valued at about $33,000. BNP Paribas Financial Markets lifted its position in shares of Eastman Kodak by 21.3% during the third quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock valued at $60,000 after purchasing an additional 2,210 shares in the last quarter. CWM LLC boosted its holdings in Eastman Kodak by 128.4% during 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. Finally, Intech Investment Management LLC bought a new stake in Eastman Kodak in the 3rd quarter worth about $62,000. Institutional investors own 33.65% of the company’s stock.

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.