Kopin Co. (NASDAQ:KOPN) Shares Purchased by Royce & Associates LP

Royce & Associates LP grew its stake in Kopin Co. (NASDAQ:KOPN) by 15.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,726,382 shares of the company’s stock after acquiring an additional 1,033,088 shares during the quarter. Royce & Associates LP’s holdings in Kopin were worth $10,508,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. AMG National Trust Bank lifted its stake in shares of Kopin by 19.0% during the third quarter. AMG National Trust Bank now owns 125,000 shares of the company’s stock valued at $91,000 after buying an additional 20,000 shares during the period. FMR LLC lifted its stake in shares of Kopin by 101,059.6% during the 3rd quarter. FMR LLC now owns 57,661 shares of the company’s stock worth $42,000 after purchasing an additional 57,604 shares during the period. Stifel Financial Corp boosted its holdings in shares of Kopin by 303.7% during the third quarter. Stifel Financial Corp now owns 626,413 shares of the company’s stock worth $457,000 after purchasing an additional 471,258 shares during the last quarter. O Connor Financial Group LLC acquired a new stake in shares of Kopin during the fourth quarter worth $28,000. Finally, Murphy Pohlad Asset Management LLC grew its position in shares of Kopin by 13.0% in the fourth quarter. Murphy Pohlad Asset Management LLC now owns 153,200 shares of the company’s stock valued at $208,000 after purchasing an additional 17,600 shares during the period. Institutional investors and hedge funds own 30.96% of the company’s stock.

Wall Street Analyst Weigh In

KOPN has been the topic of several recent analyst reports. Canaccord Genuity Group increased their target price on Kopin from $2.00 to $2.50 and gave the stock a “buy” rating in a research report 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 equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $2.63.

Kopin Trading Up 4.3 %

Shares of KOPN opened at $1.47 on Tuesday. Kopin Co. has a twelve month low of $0.56 and a twelve month high of $2.21. The firm has a market capitalization of $233.44 million, a P/E ratio of -3.59 and a beta of 2.74. The stock’s fifty day simple moving average is $1.51 and its 200 day simple moving average is $1.15.

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.