Kopin Corporation (NASDAQ:KOPN) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Kopin Corporation (NASDAQ:KOPN) have earned an average rating of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $4.6875.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Kopin in a report on Thursday, January 22nd.

Kopin Price Performance

Kopin stock opened at $1.98 on Monday. The firm has a market capitalization of $361.37 million, a P/E ratio of -49.50 and a beta of 2.87. The stock has a fifty day moving average price of $2.45 and a two-hundred day moving average price of $2.64. Kopin has a 52-week low of $0.71 and a 52-week high of $4.16.

Hedge Funds Weigh In On Kopin

Institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp lifted its position in Kopin by 224.0% during the 4th quarter. State Street Corp now owns 11,119,885 shares of the company’s stock worth $26,021,000 after buying an additional 7,687,358 shares in the last quarter. AWM Investment Company Inc. lifted its stake in shares of Kopin by 1.5% in the 2nd quarter. AWM Investment Company Inc. now owns 9,863,887 shares of the company’s stock valued at $15,092,000 after purchasing an additional 149,188 shares during the period. Vanguard Group Inc. increased its position in shares of Kopin by 11.2% in the 3rd quarter. Vanguard Group Inc. now owns 9,376,264 shares of the company’s stock valued at $22,784,000 after buying an additional 945,662 shares in the last quarter. Telemark Asset Management LLC lifted its holdings in shares of Kopin by 40.0% in the fourth quarter. Telemark Asset Management LLC now owns 7,000,000 shares of the company’s stock valued at $16,380,000 after purchasing an additional 2,000,000 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Kopin by 14.5% in the fourth quarter. Geode Capital Management LLC now owns 4,306,623 shares of the company’s stock valued at $10,080,000 after acquiring an additional 544,189 shares during the last quarter. Institutional investors and hedge funds own 30.96% of the company’s stock.

Kopin Company Profile

Kopin Corporation (NASDAQ: KOPN) is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.