AWM Investment Company Inc. Has $17.42 Million Position in Kopin Co. (NASDAQ:KOPN)

AWM Investment Company Inc. lessened its holdings in shares of Kopin Co. (NASDAQ:KOPN - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,807,410 shares of the company's stock after selling 349,491 shares during the period. Kopin accounts for about 2.1% of AWM Investment Company Inc.'s investment portfolio, making the stock its 15th biggest holding. AWM Investment Company Inc. owned 8.07% of Kopin worth $17,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Victory Capital Management Inc. acquired a new position in Kopin during the 4th quarter valued at about $25,000. One68 Global Capital LLC acquired a new position in Kopin during the 4th quarter valued at about $30,000. Prudential Financial Inc. acquired a new position in Kopin during the 4th quarter valued at about $37,000. Tower Research Capital LLC TRC increased its stake in Kopin by 271.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 30,530 shares of the company's stock valued at $42,000 after buying an additional 22,316 shares during the period. Finally, Penbrook Management LLC acquired a new position in Kopin during the 4th quarter valued at about $66,000. 30.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on KOPN shares. Wall Street Zen cut shares of Kopin from a "hold" rating to a "sell" rating in a research note on Thursday. Canaccord Genuity Group lowered their price objective on shares of Kopin from $2.50 to $2.25 and set a "buy" rating on the stock in a research note on Monday, April 21st. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $2.56.

Kopin Price Performance

Shares of KOPN traded down $0.03 during mid-day trading on Friday, hitting $1.35. The company's stock had a trading volume of 1,577,370 shares, compared to its average volume of 2,386,350. The firm has a 50-day moving average price of $1.16 and a 200 day moving average price of $1.28. The stock has a market capitalization of $219.78 million, a price-to-earnings ratio of -3.29 and a beta of 3.16. Kopin Co. has a fifty-two week low of $0.56 and a fifty-two week high of $2.17.

Kopin (NASDAQ:KOPN - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $14.65 million for the quarter, compared to analysts' expectations of $11.15 million. Kopin had a negative net margin of 109.38% and a negative return on equity of 165.86%. During the same quarter in the previous year, the company posted ($0.04) EPS. As a group, equities analysts anticipate that Kopin Co. will post -0.14 EPS for the current fiscal year.

About Kopin

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.