Eastman Kodak (NYSE:KODK) Director Michael Sileck Buys 10,000 Shares of Stock

Eastman Kodak (NYSE:KODK) Director Michael Sileck acquired 10,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of $7.02 per share, for a total transaction of $70,200.00. Following the completion of the purchase, the director now owns 107,940 shares of the company’s stock, valued at approximately $757,738.80. This represents a 10.21 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Eastman Kodak Stock Up 5.0 %

Eastman Kodak stock opened at $7.15 on Thursday. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. The firm has a market cap of $574.86 million, a P/E ratio of 10.21 and a beta of 3.73. The business has a fifty day moving average of $5.81 and a two-hundred day moving average of $5.44. Eastman Kodak has a twelve month low of $3.33 and a twelve month high of $7.74.

Eastman Kodak (NYSE:KODK) last issued its quarterly earnings data on Tuesday, November 12th. The technology company reported $0.15 earnings per share for the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%. The firm had revenue of $261.00 million during the quarter.

Institutional Trading of Eastman Kodak

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its position in shares of Eastman Kodak by 49.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,007,735 shares of the technology company’s stock worth $10,801,000 after buying an additional 659,991 shares during the last quarter. Marshall Wace LLP purchased a new position in Eastman Kodak in the second quarter worth $2,197,000. American Century Companies Inc. grew its holdings in Eastman Kodak by 77.9% in the second quarter. American Century Companies Inc. now owns 715,264 shares of the technology company’s stock worth $3,848,000 after purchasing an additional 313,191 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Eastman Kodak during the third quarter worth $635,000. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of Eastman Kodak by 59.7% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 218,669 shares of the technology company’s stock valued at $1,176,000 after purchasing an additional 81,782 shares during the last quarter. 33.65% of the stock is owned by hedge funds and other institutional investors.

Eastman Kodak Company 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.