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

AWM Investment Company Inc. trimmed its position in Kopin Co. (NASDAQ:KOPN - Free Report) by 2.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,807,410 shares of the company's stock after selling 349,491 shares during the period. Kopin makes up approximately 2.1% of AWM Investment Company Inc.'s holdings, 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 reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royce & Associates LP increased its position in shares of Kopin by 15.4% in the 4th quarter. Royce & Associates LP now owns 7,726,382 shares of the company's stock valued at $10,508,000 after buying an additional 1,033,088 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Kopin by 34.3% in the fourth quarter. Geode Capital Management LLC now owns 1,599,109 shares of the company's stock worth $2,175,000 after acquiring an additional 408,396 shares in the last quarter. Two Sigma Investments LP raised its position in shares of Kopin by 140.9% during the fourth quarter. Two Sigma Investments LP now owns 562,037 shares of the company's stock worth $764,000 after purchasing an additional 328,713 shares during the period. 683 Capital Management LLC bought a new position in shares of Kopin during the 4th quarter valued at about $409,000. Finally, Marshall Wace LLP bought a new position in shares of Kopin during the 4th quarter valued at about $307,000. 30.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

KOPN has been the topic of a number of research analyst reports. Canaccord Genuity Group dropped their price objective on shares of Kopin from $2.50 to $2.25 and set a "buy" rating on the stock in a report on Monday, April 21st. Wall Street Zen downgraded Kopin from a "hold" rating to a "sell" rating in a research report on Thursday. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat, Kopin has a consensus rating of "Moderate Buy" and an average target price of $2.56.

Kopin Stock Performance

Shares of Kopin stock traded down $0.03 during trading on Monday, reaching $1.35. 1,577,370 shares of the company's stock were exchanged, compared to its average volume of 2,386,350. Kopin Co. has a 1-year low of $0.56 and a 1-year high of $2.17. The company has a market cap of $219.78 million, a P/E ratio of -3.29 and a beta of 3.16. The firm's 50-day moving average price is $1.16 and its 200 day moving average price is $1.28.

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