67,505 Shares in Eastman Kodak (NYSE:KODK) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of Eastman Kodak (NYSE:KODK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 67,505 shares of the technology company's stock, valued at approximately $475,000. Sanctuary Advisors LLC owned about 0.08% of Eastman Kodak at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. bought a new position in Eastman Kodak in the 3rd quarter worth about $635,000. JPMorgan Chase & Co. grew its stake in Eastman Kodak by 75.3% during the third 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. Geode Capital Management LLC increased its holdings 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 during the period. Empowered Funds LLC lifted its stake in Eastman Kodak by 22.0% in the 4th quarter. Empowered Funds LLC now owns 417,758 shares of the technology company's stock worth $2,745,000 after purchasing an additional 75,298 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Eastman Kodak by 277.6% in the 3rd quarter. Barclays PLC now owns 79,094 shares of the technology company's stock valued at $373,000 after purchasing an additional 58,150 shares during the period. Hedge funds and other institutional investors own 33.65% of the company's stock.

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Insiders Place Their Bets

In related news, Director Philippe D. Katz acquired 6,000 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was bought at an average cost of $6.50 per share, with a total value 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. The trade was a 3.66 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Sileck purchased 10,000 shares of the stock in a transaction on Thursday, December 19th. The shares were purchased at an average price of $7.02 per share, for a total transaction of $70,200.00. Following the transaction, the director now directly owns 107,940 shares of the company's stock, valued at approximately $757,738.80. This represents a 10.21 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 23.86% of the company's stock.

Eastman Kodak Price Performance

Shares of Eastman Kodak stock traded down $0.25 during trading on Thursday, hitting $6.39. The stock had a trading volume of 297,406 shares, compared to its average volume of 906,213. The firm has a market cap of $514.00 million, a price-to-earnings ratio of 9.14 and a beta of 3.66. Eastman Kodak has a 12 month low of $4.26 and a 12 month high of $8.24. The business's 50-day moving average is $7.08 and its 200 day moving average is $6.01. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47.

Eastman Kodak 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.