Eastman Kodak (NYSE:KODK) Position Boosted by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY raised its holdings in shares of Eastman Kodak (NYSE:KODK) by 49.7% during the 4th quarter, HoldingsChannel reports. The fund owned 30,140 shares of the technology company’s stock after purchasing an additional 10,000 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Eastman Kodak were worth $198,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Eastman Kodak in the 3rd quarter valued at approximately $25,000. BNP Paribas Financial Markets grew its stake in shares of Eastman Kodak by 21.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock valued at $60,000 after buying an additional 2,210 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Eastman Kodak in the 3rd quarter valued at approximately $62,000. Quantbot Technologies LP bought a new stake in shares of Eastman Kodak in the 3rd quarter valued at approximately $68,000. Finally, ARK Investment Management LLC grew its stake in shares of Eastman Kodak by 9.7% in the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock valued at $126,000 after buying an additional 1,692 shares in the last quarter. Hedge funds and other institutional investors own 33.65% of the company’s stock.

Insider Activity at Eastman Kodak

In related news, Director Michael Sileck bought 10,000 shares of Eastman Kodak stock in a transaction that occurred on 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 acquisition, the director now owns 107,940 shares in the company, valued at $757,738.80. This trade represents a 10.21 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Philippe D. Katz bought 6,000 shares of Eastman Kodak stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average price of $6.50 per share, with a total value of $39,000.00. Following the completion of the acquisition, the director now owns 170,026 shares in the company, valued at approximately $1,105,169. The trade was a 3.66 % increase in their position. The disclosure for this purchase can be found here. 23.86% of the stock is currently owned by company insiders.

Eastman Kodak Trading Up 2.0 %

Shares of NYSE KODK opened at $7.03 on Friday. The stock has a market cap of $565.21 million, a price-to-earnings ratio of 10.04 and a beta of 3.66. The business has a 50 day simple moving average of $7.11 and a 200 day simple moving average of $5.97. Eastman Kodak has a 52 week low of $3.53 and a 52 week high of $8.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41.

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.