Rubicon Technology, Inc. (RBCN) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund increased its stake in shares of Rubicon Technology, Inc. (NASDAQ:RBCN) by 49.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,279 shares of the semiconductor company’s stock after buying an additional 34,600 shares during the quarter. New York State Common Retirement Fund owned about 3.84% of Rubicon Technology worth $732,000 as of its most recent SEC filing.

Shares of RBCN opened at $7.89 on Monday. Rubicon Technology, Inc. has a 1-year low of $6.71 and a 1-year high of $9.46.

Rubicon Technology (NASDAQ:RBCN) last announced its quarterly earnings data on Monday, May 14th. The semiconductor company reported ($0.01) earnings per share for the quarter. The company had revenue of $1.04 million for the quarter. Rubicon Technology had a negative net margin of 265.92% and a negative return on equity of 35.10%.

Separately, ValuEngine raised shares of Rubicon Technology from a “sell” rating to a “hold” rating in a report on Friday, May 4th.

Rubicon Technology Company Profile

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.

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