Kopin Corporation (KOPN) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its position in shares of Kopin Corporation (NASDAQ:KOPN) by 2.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 182,239 shares of the semiconductor company’s stock after selling 4,500 shares during the period. New York State Teachers Retirement System owned approximately 0.28% of Kopin Corporation worth $747,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in KOPN. Louisiana State Employees Retirement System raised its position 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 worth $102,000 after buying an additional 400 shares during the last quarter. Arizona State Retirement System raised its position in shares of Kopin Corporation by 1.3% in the first quarter. Arizona State Retirement System now owns 31,633 shares of the semiconductor company’s stock worth $130,000 after buying an additional 400 shares in the last quarter. Thrivent Financial For Lutherans raised its position in shares of Kopin Corporation by 4.7% in the first quarter. Thrivent Financial For Lutherans now owns 34,160 shares of the semiconductor company’s stock worth $140,000 after buying an additional 1,540 shares in the last quarter. Comerica Bank raised its position in shares of Kopin Corporation by 4.3% in the fourth quarter. Comerica Bank now owns 64,600 shares of the semiconductor company’s stock worth $228,000 after buying an additional 2,645 shares in the last quarter. Finally, State of Tennessee Treasury Department raised its position in shares of Kopin Corporation by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 57,172 shares of the semiconductor company’s stock worth $234,000 after buying an additional 8,628 shares in the last quarter. 47.30% of the stock is owned by institutional investors and hedge funds.

Kopin Corporation (KOPN) traded up 0.81% on Friday, reaching $3.75. 285,219 shares of the company traded hands. The stock has a 50 day moving average of $3.81 and a 200-day moving average of $3.72. The stock’s market capitalization is $270.70 million. Kopin Corporation has a 1-year low of $1.93 and a 1-year high of $4.49.

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

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

In other Kopin Corporation news, insider Bor Yeu Tsaur sold 50,000 shares of Kopin Corporation stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $4.00, for a total transaction of $200,000.00. Following the sale, the insider now directly owns 609,966 shares in the company, valued at approximately $2,439,864. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Richard Sneider sold 65,000 shares of Kopin Corporation stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $4.00, for a total value 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 disclosure for this sale can be found here. 8.70% of the stock is owned by insiders.

Kopin Corporation Company Profile

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.

Institutional Ownership by Quarter for Kopin Corporation (NASDAQ:KOPN)

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