Kopin (KOPN) Upgraded to “Hold” at BidaskClub

Kopin (NASDAQ:KOPN) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, January 26th.

Separately, Needham & Company LLC reissued a “hold” rating on shares of Kopin in a report on Thursday, January 11th.

Kopin (KOPN) opened at $3.10 on Friday. Kopin has a 52 week low of $2.80 and a 52 week high of $4.60. The firm has a market capitalization of $233.54, a P/E ratio of -7.38 and a beta of 0.97.

Hedge funds have recently added to or reduced their stakes in the company. Rockefeller Financial Services Inc. bought a new position in shares of Kopin in the third quarter valued at approximately $320,000. AWM Investment Company Inc. grew its holdings in shares of Kopin by 1.1% in the second quarter. AWM Investment Company Inc. now owns 6,675,282 shares of the company’s stock valued at $24,765,000 after acquiring an additional 74,248 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Kopin by 130.5% in the second quarter. Alliancebernstein L.P. now owns 67,650 shares of the company’s stock valued at $251,000 after acquiring an additional 38,300 shares in the last quarter. State Street Corp grew its holdings in shares of Kopin by 7.0% in the second quarter. State Street Corp now owns 1,446,122 shares of the company’s stock valued at $5,365,000 after acquiring an additional 94,289 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Kopin by 7.4% in the second quarter. Vanguard Group Inc. now owns 3,396,076 shares of the company’s stock valued at $12,599,000 after acquiring an additional 234,252 shares in the last quarter. 44.94% of the stock is owned by institutional investors.

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About Kopin

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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