Eastman Kodak Company (NYSE:KODK) Shares Bought by Spark Investment Management LLC
Spark Investment Management LLC raised its position in Eastman Kodak Company (NYSE:KODK) by 42.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,800 shares of the technology company’s stock after buying an additional 20,400 shares during the period. Spark Investment Management LLC’s holdings in Eastman Kodak were worth $626,000 at the end of the most recent reporting period.
Separately, Strs Ohio raised its stake in shares of Eastman Kodak by 25.5% in the second quarter. Strs Ohio now owns 67,900 shares of the technology company’s stock worth $617,000 after buying an additional 13,800 shares during the last quarter. 53.43% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Eastman Kodak Company (NYSE KODK) opened at 7.95 on Friday. Eastman Kodak Company has a 52 week low of $7.75 and a 52 week high of $17.30. The stock has a market cap of $337.79 million, a price-to-earnings ratio of 13.97 and a beta of 0.57. The company has a 50-day moving average price of $9.18 and a 200-day moving average price of $10.93.
Eastman Kodak (NYSE:KODK) last announced its quarterly earnings data on Wednesday, August 9th. The technology company reported $0.05 EPS for the quarter. The company had revenue of $381 million for the quarter. Eastman Kodak had a negative return on equity of 97.65% and a net margin of 2.43%.
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In other Eastman Kodak news, insider Brad Kruchten sold 3,400 shares of the company’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $9.05, for a total value of $30,770.00. Following the completion of the sale, the insider now directly owns 10,195 shares in the company, valued at approximately $92,264.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeff Clarke bought 3,000 shares of the stock in a transaction on Wednesday, May 17th. The stock was purchased at an average price of $9.38 per share, with a total value of $28,140.00. Following the completion of the acquisition, the chief executive officer now directly owns 106,179 shares in the company, valued at approximately $995,959.02. The disclosure for this purchase can be found here. Insiders sold a total of 18,165,027 shares of company stock worth $195,266,154 in the last ninety days. 4.60% of the stock is currently owned by corporate insiders.
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