Kopin Corporation (NASDAQ:KOPN) was up 5.9% on Monday . The company traded as high as $4.35 and last traded at $4.28. Approximately 1,387,431 shares traded hands during mid-day trading, an increase of 169% from the average daily volume of 515,291 shares. The stock had previously closed at $4.04.

A number of equities research analysts have weighed in on KOPN shares. BidaskClub downgraded Kopin Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Needham & Company LLC restated a “hold” rating on shares of Kopin Corporation in a research report on Tuesday, August 8th.

The stock’s 50-day moving average is $3.82 and its 200-day moving average is $3.79. The company’s market cap is $308.96 million.

Kopin Corporation (NASDAQ:KOPN) last released its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ 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 for the quarter. During the same quarter in the prior year, the business earned ($0.05) earnings per share. Equities analysts forecast that Kopin Corporation will post ($0.33) EPS for the current fiscal year.

In other Kopin Corporation news, CFO Richard Sneider sold 65,000 shares of the firm’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 transaction, the chief financial officer now directly owns 292,138 shares of the company’s stock, valued at $1,168,552. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Bor Yeu Tsaur sold 50,000 shares of the firm’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 transaction of $200,000.00. Following the completion of the transaction, the insider now directly owns 609,966 shares in the company, valued at $2,439,864. The disclosure for this sale can be found here. 8.90% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the business. AWM Investment Company Inc. raised its holdings in Kopin Corporation by 1.1% in the second quarter. AWM Investment Company Inc. now owns 6,675,282 shares of the semiconductor company’s stock worth $24,765,000 after purchasing an additional 74,248 shares during the period. Vanguard Group Inc. raised its holdings in Kopin Corporation by 7.4% in the second quarter. Vanguard Group Inc. now owns 3,396,076 shares of the semiconductor company’s stock worth $12,599,000 after purchasing an additional 234,252 shares during the period. State Street Corp raised its holdings in Kopin Corporation by 7.0% in the second quarter. State Street Corp now owns 1,446,122 shares of the semiconductor company’s stock worth $5,365,000 after purchasing an additional 94,289 shares during the period. Northern Trust Corp raised its holdings in Kopin Corporation by 15.9% in the second quarter. Northern Trust Corp now owns 776,790 shares of the semiconductor company’s stock worth $2,883,000 after purchasing an additional 106,560 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Kopin Corporation by 1.2% in the first quarter. Bank of New York Mellon Corp now owns 705,422 shares of the semiconductor company’s stock worth $2,892,000 after purchasing an additional 8,657 shares during the period. 47.16% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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