Philippe D. Katz Acquires 6,000 Shares of Eastman Kodak (NYSE:KODK) Stock

Eastman Kodak (NYSE:KODK) Director Philippe D. Katz acquired 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 approximately $1,105,169. This trade represents a 3.66 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Eastman Kodak Price Performance

NYSE KODK opened at $6.80 on Friday. The stock’s 50-day moving average price is $5.49 and its two-hundred day moving average price is $5.36. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. The company has a market cap of $546.72 million, a PE ratio of 9.71 and a beta of 3.73. Eastman Kodak has a 1 year low of $3.33 and a 1 year high of $7.74.

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

Hedge Funds Weigh In On Eastman Kodak

A number of large investors have recently made changes to their positions in KODK. Allspring Global Investments Holdings LLC acquired a new position in shares of Eastman Kodak in the 3rd quarter valued at about $25,000. Gladius Capital Management LP acquired a new position in shares of Eastman Kodak in the 2nd quarter valued at about $33,000. BNP Paribas Financial Markets increased its holdings in shares of Eastman Kodak by 21.3% in the 3rd 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 during the period. CWM LLC increased its holdings in shares of Eastman Kodak by 128.4% in the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company’s stock valued at $61,000 after purchasing an additional 6,415 shares during the period. Finally, Intech Investment Management LLC acquired a new position in shares of Eastman Kodak in the 3rd quarter valued at about $62,000. Institutional investors and hedge funds 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.