Eastman Kodak (NYSE:KODK) Director Philippe D. Katz purchased 40,000 shares of the company’s stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $1.72 per share, for a total transaction of $68,800.00. Following the completion of the transaction, the director now owns 93,362 shares in the company, valued at $160,582.64. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of NYSE KODK opened at $1.83 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.92 and a debt-to-equity ratio of 1.59. The business’s 50 day moving average is $2.84 and its two-hundred day moving average is $2.93. Eastman Kodak has a 12 month low of $1.50 and a 12 month high of $4.78.
Separately, ValuEngine raised Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.
Several institutional investors and hedge funds have recently added to or reduced their stakes in KODK. Tower Research Capital LLC TRC increased its position in shares of Eastman Kodak by 122.0% during the third quarter. Tower Research Capital LLC TRC now owns 20,360 shares of the technology company’s stock valued at $54,000 after purchasing an additional 11,188 shares during the period. State Street Corp increased its position in shares of Eastman Kodak by 6.6% during the fourth quarter. State Street Corp now owns 50,264 shares of the technology company’s stock valued at $234,000 after purchasing an additional 3,128 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Eastman Kodak by 89.4% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 67,179 shares of the technology company’s stock valued at $312,000 after purchasing an additional 31,717 shares during the period. Credit Suisse AG bought a new stake in shares of Eastman Kodak during the fourth quarter valued at approximately $528,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Eastman Kodak during the fourth quarter valued at approximately $555,000. Institutional investors and hedge funds own 27.69% of the company’s stock.
About Eastman Kodak
Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology, and Eastman Business Park.
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