Key Points
- Eastman Kodak director Philippe Katz bought 5,000 shares on Nov. 17 at $7.35 each (total $36,750), raising his stake to 185,026 shares; the purchase was disclosed in an SEC filing.
- KODK trades around $7.09 with a 52‑week range of $4.52–$8.90 and a market cap of about $683M; the company reported a ($0.08) EPS last quarter and the consensus analyst rating is Sell.
- Institutional investors hold a substantial portion of the stock — Vanguard owns roughly 4.1M shares and institutions/hedge funds account for about 33.65% ownership.
Eastman Kodak Company (NYSE:KODK - Get Free Report) Director Philippe Katz bought 5,000 shares of Eastman Kodak stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average cost of $7.35 per share, for a total transaction of $36,750.00. Following the acquisition, the director owned 185,026 shares of the company's stock, valued at $1,359,941.10. This represents a 2.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Eastman Kodak Trading Up 0.6%
NYSE KODK opened at $7.09 on Wednesday. Eastman Kodak Company has a 52 week low of $4.52 and a 52 week high of $8.90. The firm has a 50 day moving average of $6.61 and a two-hundred day moving average of $6.32. The stock has a market capitalization of $682.99 million, a PE ratio of -70.85 and a beta of 1.43. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 0.02.
Eastman Kodak (NYSE:KODK - Get Free Report) last issued its earnings results on Thursday, November 6th. The technology company reported ($0.08) EPS for the quarter. The firm had revenue of $269.00 million for the quarter. Eastman Kodak had a return on equity of 2.32% and a net margin of 1.06%.
Analyst Ratings Changes
KODK has been the topic of several research analyst reports. Wall Street Zen raised Eastman Kodak from a "sell" rating to a "hold" rating in a research report on Saturday. Weiss Ratings reiterated a "sell (d+)" rating on shares of Eastman Kodak in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of "Sell".
Read Our Latest Analysis on KODK
Institutional Trading of Eastman Kodak
A number of large investors have recently made changes to their positions in KODK. Vanguard Group Inc. boosted its stake in Eastman Kodak by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 4,102,092 shares of the technology company's stock worth $25,925,000 after purchasing an additional 104,703 shares during the period. Tabor Asset Management LP acquired a new position in Eastman Kodak in the first quarter valued at $462,000. Nuveen LLC acquired a new stake in shares of Eastman Kodak during the first quarter worth about $913,000. GMT Capital Corp grew its holdings in shares of Eastman Kodak by 17.6% during the first quarter. GMT Capital Corp now owns 981,400 shares of the technology company's stock worth $6,202,000 after buying an additional 147,205 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Eastman Kodak by 34,542.8% during the first quarter. Russell Investments Group Ltd. now owns 272,639 shares of the technology company's stock worth $1,723,000 after buying an additional 271,852 shares during the last quarter. 33.65% of the stock is owned by institutional investors and hedge funds.
Eastman Kodak Company Profile
(
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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