WealthTrust Axiom LLC Lowers Holdings in Kopin Co. (NASDAQ:KOPN)

WealthTrust Axiom LLC lowered its holdings in shares of Kopin Co. (NASDAQ:KOPN) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 472,568 shares of the company’s stock after selling 18,413 shares during the quarter. WealthTrust Axiom LLC owned approximately 0.30% of Kopin worth $643,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KOPN. Victory Capital Management Inc. purchased a new stake in Kopin during the 4th quarter valued at approximately $25,000. O Connor Financial Group LLC bought a new position in shares of Kopin during the fourth quarter worth $28,000. Prudential Financial Inc. purchased a new position in Kopin during the fourth quarter valued at $37,000. FMR LLC increased its holdings in Kopin by 101,059.6% in the 3rd quarter. FMR LLC now owns 57,661 shares of the company’s stock valued at $42,000 after acquiring an additional 57,604 shares during the last quarter. Finally, Penbrook Management LLC purchased a new stake in Kopin in the 4th quarter worth $66,000. Institutional investors own 30.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Canaccord Genuity Group increased their price target on Kopin from $2.00 to $2.50 and gave the company a “buy” rating in a research note on Wednesday, January 29th. StockNews.com lowered shares of Kopin from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $2.63.

Kopin Price Performance

Shares of KOPN stock opened at $0.86 on Friday. The company has a market cap of $137.12 million, a PE ratio of -2.11 and a beta of 3.24. Kopin Co. has a 1 year low of $0.56 and a 1 year high of $2.17. The stock’s 50 day simple moving average is $1.32 and its two-hundred day simple moving average is $1.17.

Kopin Profile

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.