The stock of Eastman Kodak Company Common New (NYSE:KODK) is a huge mover today! The stock decreased 3.73% or $0.56 during the last trading session, hitting $14.44. About 67,572 shares traded hands. Eastman Kodak Company Common New (NYSE:KODK) has risen 50.73% since March 1, 2016 and is uptrending. It has outperformed by 38.51% the S&P500.
The move comes after 8 months negative chart setup for the $633.71 million company. It was reported on Oct, 4 by Barchart.com. We have $13.72 PT which if reached, will make NYSE:KODK worth $31.69 million less.
Analysts await Eastman Kodak Company Common New (NYSE:KODK) to report earnings on October, 27.
According to Zacks Investment Research, “Eastman Kodak Company is a technology company. It provides hardware, software, consumables and services to customers in graphic communications, packaging and functional printing. It operates in two segments: Graphics, Entertainment and Commercial Films (GECF) and Digital Printing and Enterprise (DP&E). The GECF segment consists of the Graphics and Entertainment & Commercial Films groups, as well as Kodak’s intellectual property and brand licensing activities. The DP&E Segment consists of Digital Printing, Packaging and Functional Printing, Enterprise Services & Solutions, and Consumer Inkjet Systems businesses. The Company serves entertainment and commercial films markets. Eastman Kodak Company is headquartered in Rochester, New York.”
Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.23, from 1.26 in 2016Q1. The ratio fall, as 12 funds sold all Eastman Kodak Company Common New shares owned while 25 reduced positions. 13 funds bought stakes while 25 increased positions. They now own 30.55 million shares or 1.16% less from 30.91 million shares in 2016Q1.
The Georgia-based Invesco has invested 0% in Eastman Kodak Company Common New (NYSE:KODK). Morgan Stanley reported 6,366 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement last reported 10,035 shares in the company. Tiaa Cref Inv Mngmt Limited Liability Co has 55,663 shares for 0% of their US portfolio. Creative Planning last reported 0% of its portfolio in the stock. Contrarian Capital Mngmt Ltd Limited Liability Company has invested 21.74% of its portfolio in Eastman Kodak Company Common New (NYSE:KODK). Moreover, Dubuque Comml Bank And Tru Com has 0% invested in Eastman Kodak Company Common New (NYSE:KODK) for 92 shares. Blackrock Inv Mngmt Ltd Limited Liability Company holds 0% or 65,242 shares in its portfolio. Blackrock Advisors Lc holds 0% or 12,052 shares in its portfolio. Jacobs Levy Equity Mgmt reported 14,525 shares or 0% of all its holdings. The New York-based Citigroup has invested 0% in Eastman Kodak Company Common New (NYSE:KODK). Monroe Hall Asset Limited Liability Co accumulated 200,000 shares or 0.9% of the stock. Comml Bank Of Montreal Can holds 824 shares or 0% of its portfolio. Moreover, Brighton Jones Limited Liability has 0.05% invested in Eastman Kodak Company Common New (NYSE:KODK) for 17,400 shares. The Massachusetts-based Panagora Asset has invested 0% in Eastman Kodak Company Common New (NYSE:KODK).
Insider Transactions: Since April 15, 2016, the stock had 0 insider purchases, and 13 insider sales for $524,682 net activity. $119,397 worth of Eastman Kodak Company Common New (NYSE:KODK) was sold by Mahe Eric-Yves. 1,223 Eastman Kodak Company Common New (NYSE:KODK) shares with value of $16,906 were sold by Cullimore Philip. On Monday, May 16 Samuels Eric sold $6,757 worth of the stock or 579 shares. 3,400 shares with value of $37,881 were sold by Kruchten Brad on Friday, April 15. 5,000 shares were sold by O’Grady John G., worth $58,932.
More recent Eastman Kodak Company Common New (NYSE:KODK) news were published by: Quotes.Wsj.com which released: “News Eastman Kodak Co.KODK” on November 05, 2013. Also Forbes.com published the news titled: “Kodak Is Coming Back To The New York Stock Exchange” on October 29, 2013. Thestreet.com‘s news article titled: “Kodak Emerges From Bankruptcy, Cancels Common Stock” with publication date: September 03, 2013 was also an interesting one.
KODK Company Profile
Eastman Kodak Company (Kodak), incorporated on March 15, 1905, is a commercial printing and imaging firm with technologies in materials science, digital imaging science and software, and deposition processes. The Firm develops solutions for the product goods packaging and graphic communications markets. The Firm also offers brand licensing and intellectual property opportunities, provides services and products for motion pictures and other commercial films, and sells ink to its existing installed consumer inkjet printer base. The Firm operates through seven divisions: Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, Consumer and Film, Intellectual Property Solutions and Eastman Business Park. The Print Systems segment consists of two lines of business: Prepress Solutions and Electrophotographic Printing Solutions. The Enterprise Inkjet Systems segment includes the KODAK VERSAMARK business. The Micro 3D Printing and Packaging segment consists of two lines of business: Packaging and Functional Printing. The Software and Solutions segment includes two lines of business: Kodak Technology Solutions and Unified Workflow Solutions. The Consumer and Film segment consists of three lines of business: Consumer Inkjet Solutions; Motion Picture, Industrial Chemicals and Films, and Consumer Products. The Intellectual Property Solutions segment includes licensing and research and development activities not directly related to the other divisions. The Eastman Business Park segment includes the activities of the Eastman Business Park.
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