Kodak (EK) Shares Soar 8.4187% on 71% Options Spike and Insider Buys

Eastman Kodak shares surged 8.4187% in pre-market trading on December 9, 2025, signaling heightened investor optimism ahead of the opening bell. This sharp move followed unusual options activity and strategic insider transactions, suggesting renewed institutional and retail interest in the stock.

Investors purchased 8,335 call options on the company, a 71% increase compared to the average daily volume. This surge in options trading indicates speculative bets on further upside potential.

Additionally, Director Philippe D. Katz acquired 5,000 shares at $7.35 apiece, boosting his holdings by 2.78% and signaling confidence in the firm’s near-term prospects.

Institutional investors also adjusted their positions, with Tower Research Capital LLC TRC significantly increasing its stake by 239.7% in the second quarter. AlphaQuest LLC and Headlands Technologies LLC initiated new positions, while BNP Paribas Financial Markets expanded its holdings. These moves highlight growing institutional conviction despite the company’s recent quarterly loss of $0.08 per share and a net margin of 0.57%.

While analyst ratings remain mixed, with a “Sell” consensus, the stock’s pre-market rally underscores market enthusiasm for Kodak’s strategic initiatives in commercial print and advanced materials. The price action suggests investors are prioritizing long-term positioning over near-term earnings challenges.