Philippe Katz Buys 5,000 Shares of Eastman Kodak (NYSE:KODK) Stock

Eastman Kodak Company (NYSE:KODK) Director Philippe Katz bought 5,000 shares of the company’s stock in a transaction on Monday, November 17th. The shares were acquired at an average cost of $7.35 per share, for a total transaction of $36,750.00. Following the completion of the acquisition, the director directly owned 185,026 shares of the company’s stock, valued at $1,359,941.10. This trade represents a 2.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Eastman Kodak Stock Performance

KODK traded up $0.05 on Tuesday, hitting $7.09. 1,141,400 shares of the company’s stock were exchanged, compared to its average volume of 1,356,610. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $6.58 and a two-hundred day moving average of $6.32. Eastman Kodak Company has a twelve month low of $4.52 and a twelve month high of $8.90. The firm has a market cap of $682.99 million, a PE ratio of -70.85 and a beta of 1.43.

Eastman Kodak (NYSE:KODK) last issued its earnings results on Thursday, November 6th. The technology company reported ($0.08) EPS for the quarter. The company had revenue of $269.00 million during the quarter. Eastman Kodak had a net margin of 1.06% and a return on equity of 2.32%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KODK. AlphaQuest LLC acquired a new position in shares of Eastman Kodak during the first quarter valued at $27,000. BNP Paribas Financial Markets increased its stake in Eastman Kodak by 78.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,207 shares of the technology company’s stock valued at $35,000 after buying an additional 2,723 shares during the period. Byrne Asset Management LLC bought a new stake in shares of Eastman Kodak during the 2nd quarter worth about $39,000. Headlands Technologies LLC acquired a new stake in shares of Eastman Kodak in the 2nd quarter worth approximately $45,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Eastman Kodak by 239.7% in the second quarter. Tower Research Capital LLC TRC now owns 8,075 shares of the technology company’s stock valued at $46,000 after acquiring an additional 5,698 shares in the last quarter. Institutional investors and hedge funds own 33.65% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen raised Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “sell (d+)” rating on shares of Eastman Kodak in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.