22 hours Ago By Defense World Staff
Charles Schwab Investment Management Inc. acquired a new stake in Kopin Co. ( NASDAQ:KOPN – Free Report ) during the 4th quarter, according to its most recent disclosure with the SEC.
The institutional investor acquired 125,892 shares of the company’s stock, valued at approximately $171,000. Charles Schwab Investment Management Inc. owned approximately 0.
08% of Kopin at the end of the most recent quarter. Several other institutional investors have also added to or reduced their stakes in KOPN. Stifel Financial Corp raised its stake in shares of Kopin by 303.
7% in 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. FMR LLC increased its holdings in Kopin by 101,059.
6% in the 3rd quarter. FMR LLC now owns 57,661 shares of the company’s stock worth $42,000 after buying an additional 57,604 shares in the last quarter. Penbrook Management LLC purchased a new position in Kopin in the 4th quarter worth about $66,000.
Concurrent Investment Advisors LLC bought a new position in Kopin during the 4th quarter valued at about $70,000. Finally, SBI Securities Co. Ltd.
purchased a new stake in shares of Kopin during the 4th quarter valued at about $69,000. 30.96% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets Several research firms have recently weighed in on KOPN. StockNews.com cut shares of Kopin from a “hold” rating to a “sell” rating in a report on Saturday, December 21st.
Canaccord Genuity Group boosted their target price on shares of Kopin from $2.00 to $2.50 and gave the company a “buy” rating in a research note on Wednesday, January 29th.
One 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, Kopin presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.63.
Kopin Stock Up 3.0 % NASDAQ KOPN opened at $0.96 on Wednesday.
The company has a 50-day moving average price of $1.50 and a 200-day moving average price of $1.17.
Kopin Co. has a 52 week low of $0.56 and a 52 week high of $2.
17. The firm has a market capitalization of $152.45 million, a P/E ratio of -2.
34 and a beta of 2.74. About Kopin ( Free Report ) 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. Read More Five stocks we like better than Kopin What Are Growth Stocks and Investing in Them D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy What is the S&P 500 and How It is Distinct from Other Indexes Amazon Falls Back to a Key Support Line: Here’s How to Play It Using the MarketBeat Dividend Yield Calculator Buffett Trims Equities, But Still Keeps Buying This Stock Want to see what other hedge funds are holding KOPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kopin Co.
( NASDAQ:KOPN – Free Report ). Receive News & Ratings for Kopin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kopin and related companies with MarketBeat.com's FREE daily email newsletter .
.
