Eastman Kodak director Katz buys $56.7k in shares

Published 15/08/2025, 00:06
Eastman Kodak director Katz buys $56.7k in shares

Director Philippe D. Katz of Eastman Kodak Co (NYSE:KODK) has recently purchased 10,000 shares of the company’s common stock at $5.67 per share, totaling $56,700. The purchase comes as the stock has declined 18% in the past week and 25% over six months. According to InvestingPro analysis, KODK currently trades at $5.83 with a market cap of $473 million.

Following the transaction on August 14, 2025, Katz directly owns 180,026 shares of Eastman Kodak Co. He also indirectly owns 2,522,011 shares through KF Investors LLC, 1,569,870 shares through Momar Corporation, 7,598 shares through United Equities Commodities Company, 87,720 shares through Marneu Holding Company and 48,875 shares through 111 John Realty Corp. The company’s overall financial health is rated as WEAK by InvestingPro, which highlights concerns about cash burn and liquidity. Unlock comprehensive insider trading analysis and 8 additional key ProTips with an InvestingPro subscription.

Katz also holds derivative securities including 16,393 Restricted Stock Units, 125,871 shares of Phantom Stock and options to purchase various blocks of shares at prices ranging from $3.03 to $12.00.

In other recent news, Eastman Kodak Co. reported a net loss of $26 million for the second quarter of 2025, a significant change from the $26 million net income in the same period the previous year. The company’s revenue also saw a 1% decline, totaling $263 million. These financial results highlight a challenging quarter for Kodak, as the company navigates a shifting market landscape. Despite these setbacks, Kodak’s stock price saw a slight increase in aftermarket trading following the earnings announcement. Investors are closely monitoring these developments as Kodak adjusts its strategies in response to the current financial performance. Analysts have yet to release any upgrades or downgrades for Kodak, leaving the market to react primarily to the earnings report. The company’s recent performance underscores the importance of strategic adjustments in the face of evolving industry dynamics.

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