California Public Employees Retirement System held its stake in Kopin Corporation (NASDAQ:KOPN) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 554,200 shares of the company’s stock at the end of the 2nd quarter. California Public Employees Retirement System owned 0.86% of Kopin Corporation worth $2,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of KOPN. Arizona State Retirement System grew its position in shares of Kopin Corporation by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 31,733 shares of the company’s stock worth $118,000 after acquiring an additional 100 shares in the last quarter. Thrivent Financial For Lutherans grew its position in shares of Kopin Corporation by 7.8% in the 2nd quarter. Thrivent Financial For Lutherans now owns 36,810 shares of the company’s stock worth $137,000 after acquiring an additional 2,650 shares in the last quarter. Texas Permanent School Fund grew its position in shares of Kopin Corporation by 1.1% in the 2nd quarter. Texas Permanent School Fund now owns 44,469 shares of the company’s stock worth $165,000 after acquiring an additional 478 shares in the last quarter. Metropolitan Life Insurance Co. NY acquired a new position in shares of Kopin Corporation in the 1st quarter worth approximately $192,000. Finally, Alliancebernstein L.P. grew its position in shares of Kopin Corporation by 130.5% in the 2nd quarter. Alliancebernstein L.P. now owns 67,650 shares of the company’s stock worth $251,000 after acquiring an additional 38,300 shares in the last quarter. Hedge funds and other institutional investors own 47.26% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub lowered Kopin Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Needham & Company LLC reiterated a “hold” rating on shares of Kopin Corporation in a research report on Tuesday, August 8th.

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Kopin Corporation (NASDAQ:KOPN) last released its quarterly earnings data on Tuesday, August 8th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.02). Kopin Corporation had a negative net margin of 125.80% and a negative return on equity of 36.44%. The company had revenue of $5.93 million during the quarter. During the same quarter in the prior year, the company posted ($0.05) EPS.

In other news, insider Hong K. Choi sold 10,495 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $4.50, for a total value of $47,227.50. Following the sale, the insider now directly owns 336,442 shares in the company, valued at approximately $1,513,989. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Richard Sneider sold 65,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $4.00, for a total value of $260,000.00. Following the completion of 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. Over the last quarter, insiders sold 125,495 shares of company stock worth $507,228. Corporate insiders own 8.70% of the company’s stock.

Kopin Corporation 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.

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

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