Oppenheimer & Co. Inc. Has $126,000 Position in Kopin Co. (NASDAQ:KOPN)

Oppenheimer & Co. Inc. cut its holdings in shares of Kopin Co. (NASDAQ:KOPNGet Rating) by 27.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 112,500 shares of the company’s stock after selling 42,500 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Kopin were worth $126,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC grew its holdings in Kopin by 2,625.0% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 10,900 shares of the company’s stock worth $28,000 after acquiring an additional 10,500 shares during the last quarter. 55I LLC bought a new stake in Kopin during the 1st quarter worth approximately $27,000. XTX Topco Ltd acquired a new position in Kopin during the 1st quarter worth about $30,000. Graham Capital Management L.P. grew its position in shares of Kopin by 37.6% in the 1st quarter. Graham Capital Management L.P. now owns 44,097 shares of the company’s stock valued at $111,000 after buying an additional 12,059 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in shares of Kopin by 74.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 28,965 shares of the company’s stock valued at $73,000 after buying an additional 12,360 shares during the last quarter. 22.44% of the stock is owned by institutional investors.

Kopin Stock Performance

Shares of KOPN opened at $1.60 on Friday. The firm has a market cap of $152.19 million, a PE ratio of -9.41 and a beta of 2.35. Kopin Co. has a 52-week low of $0.96 and a 52-week high of $5.76. The business’s 50 day moving average price is $1.12 and its two-hundred day moving average price is $1.28.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Kopin in a research note on Wednesday, October 12th. They issued a “sell” rating on the stock.

About Kopin

(Get Rating)

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, head-mounted and hand-held systems, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally.

See Also

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:KOPNGet Rating).

Institutional Ownership by Quarter for Kopin (NASDAQ:KOPN)

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.