Eastman Kodak (NYSE:KODK) Director Philippe D. Katz bought 40,000 shares of Eastman Kodak stock in a transaction dated Wednesday, August 14th. The shares were bought at an average price of $2.07 per share, for a total transaction of $82,800.00. Following the completion of the transaction, the director now directly owns 30,000 shares of the company’s stock, valued at approximately $62,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of KODK stock traded down $0.01 during trading hours on Friday, reaching $2.06. 443 shares of the company were exchanged, compared to its average volume of 127,339. Eastman Kodak has a fifty-two week low of $1.87 and a fifty-two week high of $4.44. The stock’s fifty day moving average is $2.41 and its two-hundred day moving average is $2.65. The company has a market cap of $88.18 million, a price-to-earnings ratio of 6.21 and a beta of 2.34. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.91 and a quick ratio of 0.77.
Eastman Kodak (NYSE:KODK) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.25) earnings per share for the quarter. Eastman Kodak had a net margin of 14.77% and a negative return on equity of 10.99%. The business had revenue of $307.00 million during the quarter.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. ARK Investment Management LLC grew its position in Eastman Kodak by 37.4% in the second quarter. ARK Investment Management LLC now owns 20,712 shares of the technology company’s stock valued at $50,000 after purchasing an additional 5,643 shares in the last quarter. Geode Capital Management LLC lifted its stake in Eastman Kodak by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 322,441 shares of the technology company’s stock valued at $822,000 after acquiring an additional 8,941 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Eastman Kodak in the fourth quarter valued at $39,000. Mid Atlantic Financial Management Inc. ADV acquired a new stake in Eastman Kodak in the second quarter valued at $59,000. Finally, Eidelman Virant Capital acquired a new stake in Eastman Kodak in the second quarter valued at $72,000. Institutional investors and hedge funds own 57.03% of the company’s stock.
Eastman Kodak Company Profile
Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology, and Eastman Business Park.
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