Michael Sileck Buys 10,000 Shares of Eastman Kodak (NYSE:KODK) Stock

Eastman Kodak (NYSE:KODK - Get Free Report) Director Michael Sileck bought 10,000 shares of the stock in a transaction 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 acquisition, the director now directly owns 107,940 shares of the company's stock, valued at $757,738.80. The trade was a 10.21 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eastman Kodak Trading Down 0.6 %

NYSE:KODK traded down $0.04 on Monday, reaching $6.81. The stock had a trading volume of 806,842 shares, compared to its average volume of 952,618. 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 price-to-earnings ratio of 9.73 and a beta of 3.73. The firm's fifty day moving average is $5.76 and its two-hundred day moving average is $5.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51.

Eastman Kodak (NYSE:KODK - Get Free Report) last released 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

Institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. purchased a new stake in shares of Eastman Kodak during the 3rd quarter valued at about $635,000. American Century Companies Inc. increased its stake in shares of Eastman Kodak by 77.9% in the second quarter. American Century Companies Inc. now owns 715,264 shares of the technology company's stock worth $3,848,000 after buying an additional 313,191 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Eastman Kodak in the 2nd quarter worth about $2,197,000. XTX Topco Ltd acquired a new stake in Eastman Kodak during the second quarter valued at approximately $190,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Eastman Kodak during the 3rd quarter valued at approximately $62,000. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

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.