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Stock impact report

Executives Remain Skittish About Buying Their Own Shares [Forbes]

Eastman Kodak Company Common New (KODK) 
US:NYSE Investor Relations: investor.kodak.com
Company Research Source: Forbes
Executives normally sell more shares than they buy because their cup is periodically refilled via stock-option grants. Over the past 21 years, according to Gurufocus.com, dollar volume for buys has usually run about 34% of the volume for sales. Buying has been below normal in 13 of the past 15 months. In August, buys were only 26% of sales. The highest ratio of buys to sells, 2.01, was in October 2008. Much of the country was in despair then as the Great Recession rolled on. The executives who bought then looked very smart when the economy recovered in 2009 and beyond. Let's look at a few companies where insiders bought last month. Remember Eastman Kodak? You used to buy its film for your camera, if you're old enough. Eastman Chemical Co. (EMN) was spun off from Eastman Kodak in 1994. Coating, adhesives, and specialty plastics are among its products. The chief executive officer, Mark Costa, and the chief financial officer, McLain William Thomas Jr., made sizeable purchases Show less Read more
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