Eastman Kodak (NYSE:KODK) Insider Buys $205,000.00 in Stock

Eastman Kodak (NYSE:KODK) insider James V. Continenza bought 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average cost of $2.05 per share, with a total value of $205,000.00. Following the completion of the purchase, the insider now directly owns 20,000 shares of the company’s stock, valued at approximately $41,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE:KODK traded up $0.02 during midday trading on Friday, hitting $2.09. The stock had a trading volume of 417 shares, compared to its average volume of 127,339. Eastman Kodak has a 12 month low of $1.87 and a 12 month high of $4.44. The company has a quick ratio of 0.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.72. The business’s 50-day simple moving average is $2.41 and its 200-day simple moving average is $2.65. The company has a market cap of $88.18 million, a P/E ratio of 6.21 and a beta of 2.34.

Eastman Kodak (NYSE:KODK) last released its earnings results 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 firm had revenue of $307.00 million during the quarter.



A number of institutional investors have recently made changes to their positions in the business. ARK Investment Management LLC lifted its holdings in Eastman Kodak by 37.4% during the 2nd 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 during the last quarter. Geode Capital Management LLC lifted its holdings in Eastman Kodak by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 322,441 shares of the technology company’s stock valued at $822,000 after purchasing an additional 8,941 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Eastman Kodak during the 4th quarter valued at $39,000. Mid Atlantic Financial Management Inc. ADV acquired a new stake in Eastman Kodak during the 2nd quarter valued at $59,000. Finally, Eidelman Virant Capital acquired a new stake in Eastman Kodak during the 2nd quarter valued at $72,000. 57.03% of the stock is owned by institutional investors and hedge funds.

Separately, ValuEngine raised shares of Eastman Kodak from a “hold” rating to a “buy” rating in a research note on Saturday, August 10th.

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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