O Connor Financial Group LLC Buys Shares of 20,252 Kopin Co. (NASDAQ:KOPN)

O Connor Financial Group LLC bought a new stake in shares of Kopin Co. (NASDAQ:KOPN) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,252 shares of the company’s stock, valued at approximately $28,000.

A number of other large investors also recently made changes to their positions in the business. XTX Topco Ltd acquired a new stake in Kopin in the 2nd quarter worth approximately $32,000. FMR LLC raised its position in shares of Kopin by 101,059.6% in the third quarter. FMR LLC now owns 57,661 shares of the company’s stock valued at $42,000 after purchasing an additional 57,604 shares during the period. Affinity Capital Advisors LLC acquired a new stake in shares of Kopin in the third quarter worth $54,000. AMG National Trust Bank boosted its holdings in shares of Kopin by 19.0% during the 3rd quarter. AMG National Trust Bank now owns 125,000 shares of the company’s stock worth $91,000 after buying an additional 20,000 shares during the period. Finally, Murphy Pohlad Asset Management LLC grew its stake in Kopin by 26.0% in the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 135,600 shares of the company’s stock valued at $99,000 after buying an additional 28,000 shares during the last quarter. Institutional investors and hedge funds own 30.96% of the company’s stock.

Analyst Ratings Changes

KOPN has been the topic of a number of recent analyst reports. Canaccord Genuity Group began coverage on Kopin in a research note on Thursday. They issued a “buy” rating and a $2.00 price objective on the stock. StockNews.com lowered Kopin from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. Finally, HC Wainwright restated a “buy” rating and issued a $3.00 price objective on shares of Kopin in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2.50.

Kopin Trading Up 4.1 %

KOPN stock traded up $0.06 during midday trading on Monday, hitting $1.53. The stock had a trading volume of 2,110,399 shares, compared to its average volume of 2,053,374. The firm has a market capitalization of $242.97 million, a price-to-earnings ratio of -3.73 and a beta of 2.71. The stock has a 50-day simple moving average of $1.08 and a 200 day simple moving average of $0.94. Kopin Co. has a 52 week low of $0.56 and a 52 week high of $2.82.

Kopin (NASDAQ:KOPN) last issued its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. Kopin had a negative net margin of 109.38% and a negative return on equity of 165.86%. The business had revenue of $13.32 million for the quarter, compared to analyst estimates of $12.73 million. During the same period in the previous year, the business earned ($0.02) EPS. On average, equities analysts forecast that Kopin Co. will post -0.14 EPS for the current year.

Kopin Company 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.