Live Price Coverage: Time to Buy Kopin Corporation After Today’s Huge Increase?

Live Price Coverage: Time to Buy Kopin Corporation After Today's Huge Increase?

The stock of Kopin Corporation (NASDAQ:KOPN) is a huge mover today! The stock closed at $2.09 during the last session. It is up 23.67% since March 29, 2016 and is uptrending. It has outperformed by 20.19% the S&P500.
The move comes after 9 months positive chart setup for the $135.65 million company. It was reported on Oct, 31 by Barchart.com. We have $2.72 PT which if reached, will make NASDAQ:KOPN worth $40.70 million more.

Analysts await Kopin Corporation (NASDAQ:KOPN) to report earnings on November, 1. They expect $-0.14 EPS, down 100.00% or $0.07 from last year’s $-0.07 per share. After $-0.13 actual EPS reported by Kopin Corporation for the previous quarter, Wall Street now forecasts 7.69% negative EPS growth.

According to Zacks Investment Research, “Kopin Corp. is a manufacturer of gallium arsenide transistor products and miniature flat panel displays for wireless communications and portable consumer electronics. The company’s gallium arsenide heterojunction bipolar transistors are used to produce power amplifier circuits for wireless telephone handsets and gigabit circuits for fiber-optic and Internet data transmission. Kopin’s CyberDisplay family of ultra-small, high density imaging devices is designed for portable products including camcorders, digital cameras and wireless handsets. (PRESS RELEASE)”

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.15, from 1.11 in 2016Q1. The ratio increased, as 6 funds sold all Kopin Corporation shares owned while 25 reduced positions. 9 funds bought stakes while 30 increased positions. They now own 36.00 million shares or 1.32% less from 36.48 million shares in 2016Q1.
1832 Asset Limited Partnership reported 3,400 shares or 0% of all its holdings. Pub Employees Retirement Association Of Colorado, a Colorado-based fund reported 46,500 shares. Principal Grp Inc has invested 0% of its portfolio in Kopin Corporation (NASDAQ:KOPN). Manufacturers Life Ins Comm The accumulated 0% or 48,237 shares. Vanguard Grp Inc last reported 0% of its portfolio in the stock. Moreover, Alliancebernstein L P has 0% invested in Kopin Corporation (NASDAQ:KOPN) for 38,850 shares. Morgan Stanley has invested 0% of its portfolio in Kopin Corporation (NASDAQ:KOPN). Mark Sheptoff Fin Planning Ltd Liability holds 100 shares or 0% of its portfolio. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0% in Kopin Corporation (NASDAQ:KOPN). Yakira Capital Management holds 23,746 shares or 0.02% of its portfolio. Nationwide Fund Advsrs holds 0% of its portfolio in Kopin Corporation (NASDAQ:KOPN) for 42,834 shares. Intersect Cap has invested 0.02% of its portfolio in Kopin Corporation (NASDAQ:KOPN). Marathon Capital last reported 1.31% of its portfolio in the stock. State Of Tennessee Treasury Department accumulated 48,544 shares or 0% of the stock. Capstone Asset Mgmt Co holds 66,730 shares or 0% of its portfolio.

Insider Transactions: Since May 12, 2016, the stock had 6 insider buys, and 0 sales for $401,269 net activity. The insider LANDINE MICHAEL J bought $44,450. Shares for $40,462 were bought by CHAPMAN ANDREW. BROOK DAVID also bought $91,000 worth of Kopin Corporation (NASDAQ:KOPN) on Thursday, May 12. $106,220 worth of Kopin Corporation (NASDAQ:KOPN) shares were bought by COLLINS MORTON. Shares for $87,000 were bought by HSIEH CHI CHIA DR on Monday, May 16.

More important recent Kopin Corporation (NASDAQ:KOPN) news were published by: Quotes.Wsj.com which released: “News Kopin Corp.KOPN” on February 12, 2011, also Seekingalpha.com published article titled: “Kopin Corporation 2015 Results – More Patience Required”, Businesswire.com published: “Kopin Unveils World’s Smallest Smart Glass Display” on January 04, 2016. More interesting news about Kopin Corporation (NASDAQ:KOPN) was released by: Businesswire.com and their article: “Hitachi Maxell and Kopin Announce Revolutionary Advance in Lithium-Ion Battery …” with publication date: January 04, 2016.

KOPN Company Profile

Kopin Corporation, incorporated on April 23, 1984, is an inventor, developer, maker and seller of wearable technologies, which include components and systems. The Firm operates in two divisions: Forth Dimension Displays Ltd. (FDD) and Kopin. FDD is the maker of its reflective display products for test and simulation products. Kopin consists of Kopin Corporation, Kowon Technology Co. LTD (Kowon), Kopin Software Ltd. and eMDT America, Inc. (eMDT). The components that it sells consist of its active-matrix liquid crystal displays (AMLCD), liquid crystal on silicon (LCOS) displays, application specific integrated circuits (ASICs), backlights and optical lenses. The Company’s transmissive AMLCDs and reflective LCOS micro-displays are manufactured by it in its facilities in Westborough Massachusetts, United States and Dalgety Bay, Scotland, United Kingdom, respectively; provide either color or monochrome images, and are offered in various sizes and resolutions. The ASICs it offers are designed by it and are the electronic interfaces between its displays and the product into which the displays are incorporated. The Company’s Whisper Chip is developed internally. The ASICs, optical lenses and backlights are manufactured by third parties based on its purchased orders.

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