SMART MONEY GROUP

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Eastman Kodak Insider Transactions Over The Last Year
Independent Director George Karfunkel made the biggest insider purchase in the last 12 months. That single transaction was for US$11m worth of shares at a price of US$2.50 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$2.44). It's very possible they regret the purchase, but

it's more likely they are bullish about the company

. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Notably George Karfunkel was also the biggest seller.

In the last twelve months insiders purchased 5.21m shares for US$13m. But insiders sold 400000 shares worth US$1.0m. In total, Eastman Kodak insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

https://finance.yahoo.com/news/buying-eastman-kodak-company-nyse-111541067.html