Kodak (NYSE:KODK) insider Brad Kruchten sold 3,400 shares of Kodak stock in a transaction on Monday, April 16th. The shares were sold at an average price of $5.18, for a total value of $17,612.00. Following the sale, the insider now directly owns 15,781 shares of the company’s stock, valued at approximately $81,745.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
NYSE:KODK opened at $4.90 on Friday. Kodak has a 52-week low of $2.95 and a 52-week high of $13.27. The company has a current ratio of 2.29, a quick ratio of 1.63 and a debt-to-equity ratio of 7.00.
Kodak (NYSE:KODK) last released its quarterly earnings results on Thursday, March 15th. The technology company reported $0.61 earnings per share for the quarter. The firm had revenue of $414.00 million for the quarter.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MYDA Advisors LLC purchased a new stake in Kodak during the fourth quarter valued at about $105,000. Virtu Financial LLC raised its position in Kodak by 220.2% during the fourth quarter. Virtu Financial LLC now owns 41,625 shares of the technology company’s stock valued at $129,000 after purchasing an additional 28,625 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Kodak by 707.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 44,829 shares of the technology company’s stock valued at $139,000 after purchasing an additional 39,275 shares in the last quarter. Alambic Investment Management L.P. raised its position in Kodak by 412.0% during the fourth quarter. Alambic Investment Management L.P. now owns 80,900 shares of the technology company’s stock valued at $251,000 after purchasing an additional 65,100 shares in the last quarter. Finally, Millennium Management LLC raised its position in Kodak by 207.0% during the fourth quarter. Millennium Management LLC now owns 83,842 shares of the technology company’s stock valued at $260,000 after purchasing an additional 56,529 shares in the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.
Several equities research analysts recently issued reports on KODK shares. TheStreet raised Kodak from a “d” rating to a “c-” rating in a research note on Monday, April 9th. ValuEngine lowered Kodak from a “buy” rating to a “hold” rating in a research note on Friday, April 6th.
Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Enterprise Inkjet Systems; Flexographic Packaging; Software and Solutions; Consumer and Film; Advanced Materials and 3D Printing Technology; and Eastman Business Park.
Receive News & Ratings for Kodak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kodak and related companies with MarketBeat.com's FREE daily email newsletter.