Eastman Kodak (NYSE:KODK) Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC trimmed its position in Eastman Kodak (NYSE:KODK) by 42.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,384 shares of the technology company’s stock after selling 30,088 shares during the quarter. Krilogy Financial LLC owned approximately 0.05% of Eastman Kodak worth $265,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of Eastman Kodak by 75.3% in the third quarter. JPMorgan Chase & Co. now owns 222,065 shares of the technology company’s stock worth $1,048,000 after buying an additional 95,402 shares during the period. Franklin Resources Inc. acquired a new position in shares of Eastman Kodak in the third quarter worth about $180,000. Barclays PLC boosted its holdings in shares of Eastman Kodak by 277.6% during the third quarter. Barclays PLC now owns 79,094 shares of the technology company’s stock worth $373,000 after purchasing an additional 58,150 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Eastman Kodak by 3.9% during the third quarter. Geode Capital Management LLC now owns 1,528,671 shares of the technology company’s stock worth $7,217,000 after purchasing an additional 57,487 shares during the period. Finally, State Street Corp boosted its holdings in shares of Eastman Kodak by 1.1% during the third quarter. State Street Corp now owns 1,956,101 shares of the technology company’s stock worth $9,233,000 after purchasing an additional 20,731 shares during the period. 33.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Eastman Kodak

In other news, Director Philippe D. Katz purchased 6,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were bought at an average price of $6.50 per share, with a total value of $39,000.00. Following the completion of the transaction, the director now directly owns 170,026 shares in the company, valued at $1,105,169. This trade represents a 3.66 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Sileck purchased 10,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was purchased at an average cost of $7.02 per share, for a total transaction of $70,200.00. Following the transaction, the director now owns 107,940 shares of the company’s stock, valued at approximately $757,738.80. This trade represents a 10.21 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 23.86% of the company’s stock.

Eastman Kodak Stock Performance

KODK stock opened at $7.28 on Monday. 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 market cap of $584.91 million, a P/E ratio of 10.39 and a beta of 3.70. The firm has a 50 day simple moving average of $6.47 and a 200 day simple moving average of $5.57. Eastman Kodak has a 52 week low of $3.34 and a 52 week high of $7.74.

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

About Eastman Kodak

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.