Eastman Kodak (NYSE:KODK) Director Michael Sileck Purchases 10,000 Shares

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

Eastman Kodak Stock Performance

NYSE:KODK opened at $6.81 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41. The stock has a 50-day simple moving average of $5.76 and a two-hundred day simple moving average of $5.43. The firm has a market capitalization of $547.52 million, a PE ratio of 9.73 and a beta of 3.73. Eastman Kodak has a 52-week low of $3.33 and a 52-week high of $7.74.

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

Institutional Trading of Eastman Kodak

Several institutional investors and hedge funds have recently modified their holdings of KODK. Bank of New York Mellon Corp increased its stake in Eastman Kodak by 8.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 372,239 shares of the technology company’s stock worth $2,003,000 after buying an additional 30,375 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Eastman Kodak by 6.4% in the second quarter. Rhumbline Advisers now owns 99,260 shares of the technology company’s stock worth $534,000 after acquiring an additional 5,988 shares during the period. American Century Companies Inc. raised its stake in Eastman Kodak by 77.9% during the 2nd quarter. American Century Companies Inc. now owns 715,264 shares of the technology company’s stock valued at $3,848,000 after purchasing an additional 313,191 shares during the period. WINTON GROUP Ltd lifted its holdings in Eastman Kodak by 57.1% in the 2nd quarter. WINTON GROUP Ltd now owns 46,709 shares of the technology company’s stock worth $251,000 after purchasing an additional 16,969 shares in the last quarter. Finally, Rathbones Group PLC bought a new position in Eastman Kodak in the 2nd quarter worth approximately $69,000. 33.65% of the stock is currently owned by 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.