Southeastern Asset Management Inc. TN boosted its holdings in shares of Eastman Kodak Company (NYSE:KODK) by 651.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,960,000 shares of the technology company’s stock after purchasing an additional 4,300,000 shares during the period. Eastman Kodak comprises approximately 0.5% of Southeastern Asset Management Inc. TN’s investment portfolio, making the stock its 22nd biggest holding. Southeastern Asset Management Inc. TN owned approximately 11.67% of Eastman Kodak worth $45,136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Teachers Advisors LLC raised its position in shares of Eastman Kodak by 2.0% in the second quarter. Teachers Advisors LLC now owns 33,849 shares of the technology company’s stock worth $308,000 after acquiring an additional 650 shares during the period. Numeric Investors LLC raised its position in shares of Eastman Kodak by 19.5% in the second quarter. Numeric Investors LLC now owns 35,000 shares of the technology company’s stock worth $318,000 after acquiring an additional 5,700 shares during the period. Alliancebernstein L.P. raised its position in shares of Eastman Kodak by 39.1% in the second quarter. Alliancebernstein L.P. now owns 22,400 shares of the technology company’s stock worth $204,000 after acquiring an additional 6,300 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Eastman Kodak by 17.5% in the second quarter. Parametric Portfolio Associates LLC now owns 79,362 shares of the technology company’s stock worth $722,000 after acquiring an additional 11,800 shares during the period. Finally, Strs Ohio raised its position 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 acquiring an additional 13,800 shares during the period. Institutional investors own 72.38% of the company’s stock.

In other news, insider Brad Kruchten sold 3,400 shares of the firm’s stock in a transaction on Friday, July 14th. The shares were 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 owns 10,195 shares in the company, valued at approximately $92,264.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeff Clarke bought 5,500 shares of Eastman Kodak stock in a transaction dated Wednesday, August 16th. The stock was purchased at an average price of $7.37 per share, with a total value of $40,535.00. Following the purchase, the chief executive officer now directly owns 111,679 shares in the company, valued at approximately $823,074.23. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 21,600 shares of company stock valued at $157,878 and sold 5,020 shares valued at $44,000. 4.60% of the stock is currently owned by company insiders.

Separately, ValuEngine upgraded shares of Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.

Shares of Eastman Kodak Company (NYSE KODK) traded up 1.071% on Thursday, hitting $7.075. 45,845 shares of the company’s stock were exchanged. Eastman Kodak Company has a 12-month low of $6.65 and a 12-month high of $17.30. The stock has a market cap of $300.61 million, a price-to-earnings ratio of 12.725 and a beta of 0.58. The company’s 50-day moving average price is $7.52 and its 200 day moving average price is $9.26.

Eastman Kodak (NYSE:KODK) last released its earnings results on Wednesday, August 9th. The technology company reported $0.05 EPS for the quarter. Eastman Kodak had a net margin of 2.43% and a negative return on equity of 97.65%. The company had revenue of $381.00 million during the quarter.

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Eastman Kodak Profile

Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Enterprise Inkjet Systems; Intellectual Property Solutions; and Eastman Business Park.

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Institutional Ownership by Quarter for Eastman Kodak (NYSE:KODK)

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