Kopin Corporation (NASDAQ:KOPN) insider Hong K. Choi sold 10,495 shares of Kopin Corporation stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $4.50, for a total value of $47,227.50. Following the completion of the sale, the insider now directly owns 336,442 shares of the company’s stock, valued at $1,513,989. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Kopin Corporation (KOPN) opened at 4.41 on Friday. The firm’s market capitalization is $318.34 million. The company’s 50 day moving average price is $3.86 and its 200-day moving average price is $3.81. Kopin Corporation has a 52 week low of $1.93 and a 52 week high of $4.60.

Kopin Corporation (NASDAQ:KOPN) last announced its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.02). The firm had revenue of $5.93 million during the quarter. Kopin Corporation had a negative net margin of 125.80% and a negative return on equity of 36.44%. During the same period last year, the firm earned ($0.05) EPS. On average, equities research analysts expect that Kopin Corporation will post ($0.33) EPS for the current fiscal year.

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A number of brokerages recently commented on KOPN. Needham & Company LLC reaffirmed a “hold” rating on shares of Kopin Corporation in a research note on Tuesday, August 8th. BidaskClub cut Kopin Corporation from a “hold” rating to a “sell” rating in a research note on Monday, August 14th.

A number of hedge funds and other institutional investors have recently bought and sold shares of KOPN. Louisiana State Employees Retirement System increased its holdings in Kopin Corporation by 1.6% in the first quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 400 shares during the period. Bank of New York Mellon Corp increased its holdings in Kopin Corporation by 1.2% in the first quarter. Bank of New York Mellon Corp now owns 705,422 shares of the semiconductor company’s stock valued at $2,892,000 after purchasing an additional 8,657 shares during the period. Comerica Bank increased its holdings in Kopin Corporation by 4.2% in the first quarter. Comerica Bank now owns 67,291 shares of the semiconductor company’s stock valued at $281,000 after purchasing an additional 2,691 shares during the period. Ameriprise Financial Inc. increased its holdings in Kopin Corporation by 4.7% in the first quarter. Ameriprise Financial Inc. now owns 316,969 shares of the semiconductor company’s stock valued at $1,300,000 after purchasing an additional 14,250 shares during the period. Finally, Parametric Portfolio Associates LLC increased its holdings in Kopin Corporation by 11.8% in the first quarter. Parametric Portfolio Associates LLC now owns 70,275 shares of the semiconductor company’s stock valued at $288,000 after purchasing an additional 7,424 shares during the period. Institutional investors and hedge funds own 47.16% of the company’s stock.

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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