Kopin Corporation (NASDAQ:KOPN)’s share price was down 5.2% during trading on Monday . The stock traded as low as $4.17 and last traded at $4.18. Approximately 790,384 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 551,462 shares. The stock had previously closed at $4.41.

Several equities analysts have commented on KOPN shares. BidaskClub upgraded Kopin Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Needham & Company LLC reiterated a “hold” rating on shares of Kopin Corporation in a research report on Tuesday, August 8th.

The stock’s market capitalization is $301.74 million. The company’s 50-day moving average is $3.86 and its 200-day moving average is $3.81.

Kopin Corporation (NASDAQ:KOPN) last issued its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.02). Kopin Corporation had a negative return on equity of 36.44% and a negative net margin of 125.80%. The firm had revenue of $5.93 million for the quarter. During the same period in the prior year, the business posted ($0.05) earnings per share. Analysts anticipate that Kopin Corporation will post ($0.33) EPS for the current fiscal year.

In other news, insider Bor Yeu Tsaur sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $4.00, for a total value of $200,000.00. Following the completion of the sale, the insider now owns 609,966 shares of the company’s stock, valued at approximately $2,439,864. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Richard Sneider sold 65,000 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $4.00, for a total value of $260,000.00. Following the completion of the sale, the chief financial officer now directly owns 292,138 shares of the company’s stock, valued at approximately $1,168,552. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 125,495 shares of company stock valued at $507,228. Corporate insiders own 8.90% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System lifted its stake in shares of Kopin Corporation by 1.6% in the 1st quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the semiconductor company’s stock valued at $102,000 after acquiring an additional 400 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Kopin Corporation by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 31,733 shares of the semiconductor company’s stock valued at $118,000 after acquiring an additional 100 shares during the last quarter. Thrivent Financial For Lutherans lifted its stake in shares of Kopin Corporation by 7.8% in the 2nd quarter. Thrivent Financial For Lutherans now owns 36,810 shares of the semiconductor company’s stock valued at $137,000 after acquiring an additional 2,650 shares during the last quarter. Voya Investment Management LLC lifted its stake in shares of Kopin Corporation by 16.9% in the 2nd quarter. Voya Investment Management LLC now owns 40,410 shares of the semiconductor company’s stock valued at $150,000 after acquiring an additional 5,856 shares during the last quarter. Finally, Texas Permanent School Fund lifted its stake in shares of Kopin Corporation by 1.1% in the 2nd quarter. Texas Permanent School Fund now owns 44,469 shares of the semiconductor company’s stock valued at $165,000 after acquiring an additional 478 shares during the last quarter. 47.16% of the stock is owned by institutional investors.

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About Kopin Corporation

Kopin Corporation is a developer, manufacturer and seller of Wearable technologies, which include components and systems. The Company’s segments are Forth Dimension Displays Ltd. (FDD), the manufacturer of its reflective display products for test and simulation products, and Kopin, which consists of Kopin Corporation, Kowon, Kopin Software Ltd.

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