Kopin Corporation (NASDAQ:KOPN) rose 1.3% during mid-day trading on Thursday . The company traded as high as $4.15 and last traded at $4.06, with a volume of 622,877 shares trading hands. The stock had previously closed at $4.11.

KOPN has been the subject of a number of recent research reports. BidaskClub raised shares of Kopin Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Needham & Company LLC reissued a “hold” rating on shares of Kopin Corporation in a research report on Tuesday, August 8th.

The stock’s 50 day moving average price is $3.82 and its 200 day moving average price is $3.76. The firm’s market capitalization is $288.03 million.

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

In related news, CFO Richard Sneider sold 65,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $4.00, for a total transaction of $260,000.00. Following the sale, the chief financial officer now owns 292,138 shares in the company, valued at $1,168,552. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Bor Yeu Tsaur sold 50,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $4.00, for a total transaction of $200,000.00. Following the sale, the insider now owns 609,966 shares in the company, valued at approximately $2,439,864. The disclosure for this sale can be found here. 8.70% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System raised its stake 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 buying an additional 400 shares in the last quarter. Arizona State Retirement System raised its stake in Kopin Corporation by 0.3% in the second quarter. Arizona State Retirement System now owns 31,733 shares of the semiconductor company’s stock valued at $118,000 after buying an additional 100 shares in the last quarter. Thrivent Financial For Lutherans raised its stake in Kopin Corporation by 7.8% in the second quarter. Thrivent Financial For Lutherans now owns 36,810 shares of the semiconductor company’s stock valued at $137,000 after buying an additional 2,650 shares in the last quarter. Voya Investment Management LLC raised its stake in Kopin Corporation by 16.9% in the second quarter. Voya Investment Management LLC now owns 40,410 shares of the semiconductor company’s stock valued at $150,000 after buying an additional 5,856 shares in the last quarter. Finally, Texas Permanent School Fund raised its stake in Kopin Corporation by 1.1% in the second quarter. Texas Permanent School Fund now owns 44,469 shares of the semiconductor company’s stock valued at $165,000 after buying an additional 478 shares in the last quarter. Institutional investors own 47.20% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Kopin Corporation (KOPN) Stock Price Up -1.3%” was first posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/09/02/kopin-corporation-kopn-stock-price-up-1-3.html.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.