Key Points
- Roger Byrd, Eastman Kodak's senior vice president, sold 19,744 shares at an average price of $8.00 on Nov. 10 for total proceeds of $157,952, leaving him with 59,266 shares — a 24.99% reduction in his stake.
- The stock traded at $7.58 (down $0.40) with a 52‑week range of $4.26–$8.90 and a market cap of about $731 million; Kodak reported Q3 EPS of $(0.08) on $269 million in revenue and carries a negative P/E of -75.51.
- Analyst and institutional signals are weak: Weiss Ratings reaffirmed a "sell (d+)" and the consensus rating is "Sell," while institutional investors own about 33.65% of the company with several firms recently increasing positions.
Eastman Kodak Company (NYSE:KODK - Get Free Report) SVP Roger Byrd sold 19,744 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $8.00, for a total transaction of $157,952.00. Following the transaction, the senior vice president directly owned 59,266 shares of the company's stock, valued at $474,128. This represents a 24.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Eastman Kodak Price Performance
NYSE:KODK traded down $0.40 during trading hours on Friday, hitting $7.58. The company's stock had a trading volume of 445,023 shares, compared to its average volume of 1,349,866. Eastman Kodak Company has a 52-week low of $4.26 and a 52-week high of $8.90. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.46 and a current ratio of 0.79. The business's 50-day moving average is $6.53 and its two-hundred day moving average is $6.30. The company has a market capitalization of $731.10 million, a PE ratio of -75.51 and a beta of 1.43.
Eastman Kodak (NYSE:KODK - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $269.00 million for the quarter. Eastman Kodak had a net margin of 1.06% and a return on equity of 2.32%.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Eastman Kodak in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Eastman Kodak presently has an average rating of "Sell".
Check Out Our Latest Report on Eastman Kodak
Institutional Trading of Eastman Kodak
Large investors have recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new stake in Eastman Kodak during the 3rd quarter worth approximately $238,000. Marshall Wace LLP raised its holdings in Eastman Kodak by 6.0% in the third quarter. Marshall Wace LLP now owns 2,875,197 shares of the technology company's stock valued at $18,430,000 after acquiring an additional 163,956 shares in the last quarter. UBS Group AG raised its holdings in Eastman Kodak by 39.0% in the third quarter. UBS Group AG now owns 471,773 shares of the technology company's stock valued at $3,024,000 after acquiring an additional 132,424 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Eastman Kodak by 101.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,485 shares of the technology company's stock valued at $80,000 after acquiring an additional 6,278 shares during the last quarter. Finally, Yakira Capital Management Inc. grew its holdings in Eastman Kodak by 109.5% during the 3rd quarter. Yakira Capital Management Inc. now owns 142,573 shares of the technology company's stock worth $914,000 after acquiring an additional 74,524 shares in the last quarter. Institutional investors and hedge funds own 33.65% of the company's stock.
About Eastman Kodak
(
Get Free Report)
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.
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