First Eagle Investment Management LLC increased its stake in Kopin Corp. (NASDAQ:KOPN) by 0.9% during the third quarter, Holdings Channel reports. The firm owned 5,652,949 shares of the company’s stock after buying an additional 50,000 shares during the period. First Eagle Investment Management LLC owned about 0.09% of Kopin Corp. worth $12,323,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Fund Advisors boosted its stake in shares of Kopin Corp. by 0.4% in the second quarter. BlackRock Fund Advisors now owns 4,058,228 shares of the company’s stock valued at $9,009,000 after buying an additional 16,465 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Kopin Corp. by 1.9% in the second quarter. Vanguard Group Inc. now owns 2,437,136 shares of the company’s stock valued at $5,410,000 after buying an additional 45,659 shares in the last quarter. Marathon Capital Management boosted its stake in shares of Kopin Corp. by 11.6% in the second quarter. Marathon Capital Management now owns 1,150,224 shares of the company’s stock valued at $2,558,000 after buying an additional 119,876 shares in the last quarter. Penbrook Management LLC boosted its stake in shares of Kopin Corp. by 3.1% in the third quarter. Penbrook Management LLC now owns 450,970 shares of the company’s stock valued at $983,000 after buying an additional 13,470 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Kopin Corp. by 2.7% in the second quarter. Principal Financial Group Inc. now owns 441,018 shares of the company’s stock valued at $979,000 after buying an additional 11,795 shares in the last quarter. Hedge funds and other institutional investors own 56.21% of the company’s stock.

Institutional Ownership by Quarter for Kopin Corp. (NASDAQ:KOPN)

Kopin Corp. (NASDAQ:KOPN) traded down 5.273% during mid-day trading on Tuesday, hitting $2.605. 60,094 shares of the stock traded hands. The company’s market cap is $166.84 million. The firm’s 50-day moving average is $2.26 and its 200-day moving average is $2.21. Kopin Corp. has a 12-month low of $1.57 and a 12-month high of $3.18.

Kopin Corp. (NASDAQ:KOPN) last announced its earnings results on Thursday, October 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.02. The company earned $5.80 million during the quarter, compared to analysts’ expectations of $4.58 million. Kopin Corp. had a negative net margin of 118.92% and a negative return on equity of 33.91%. Equities research analysts expect that Kopin Corp. will post ($0.40) EPS for the current year.

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Several analysts recently issued reports on KOPN shares. Zacks Investment Research raised shares of Kopin Corp. from a “hold” rating to a “buy” rating and set a $2.75 price objective for the company in a research note on Tuesday, November 15th. Wunderlich cut shares of Kopin Corp. from a “buy” rating to a “hold” rating and dropped their price objective for the company from $3.00 to $2.00 in a research note on Wednesday, August 3rd.

About Kopin Corp.

Kopin Corporation is an inventor, developer, manufacturer and seller of wearable technologies, which include components and systems. It operates in two segments, which include Forth Dimension Displays Ltd. (FDD) and Kopin. FDD is the manufacturer of its reflective display products for test and simulation products.

5 Day Chart for NASDAQ:KOPN

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