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

Eastman Kodak (NYSE:KODK - Get Free Report) Director Philippe D. Katz acquired 6,000 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average cost of $6.50 per share, with a total value of $39,000.00. Following the completion of the purchase, the director now directly owns 170,026 shares in the company, valued at $1,105,169. This represents a 3.66 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Eastman Kodak Price Performance

Shares of Eastman Kodak stock traded up $0.08 on Friday, hitting $6.80. The company's stock had a trading volume of 1,173,041 shares, compared to its average volume of 938,799. The company has a market capitalization of $546.72 million, a P/E ratio of 9.71 and a beta of 3.73. Eastman Kodak has a 52-week low of $3.33 and a 52-week high of $7.74. The firm has a fifty day moving average price of $5.45 and a 200-day moving average price of $5.35. 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 (NYSE:KODK - Get Free Report) last announced its earnings results on Tuesday, November 12th. The technology company reported $0.15 earnings per share (EPS) for the quarter. The company 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 Inflows and Outflows

Several institutional investors have recently modified their holdings of KODK. Allspring Global Investments Holdings LLC purchased a new position in Eastman Kodak during the third quarter worth $25,000. Gladius Capital Management LP purchased a new stake in Eastman Kodak during the 2nd quarter worth about $33,000. BNP Paribas Financial Markets raised its stake in 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 last quarter. CWM LLC raised its stake in 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 last quarter. Finally, Intech Investment Management LLC acquired a new stake in shares of Eastman Kodak during the 3rd quarter worth about $62,000. 33.65% of the stock is currently owned by institutional investors and hedge funds.

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.