401,560 Shares in Kopin Corporation $KOPN Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL purchased a new position in Kopin Corporation (NASDAQ:KOPN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 401,560 shares of the company’s stock, valued at approximately $976,000. Tudor Investment Corp ET AL owned approximately 0.22% of Kopin as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of KOPN. Prudential Financial Inc. purchased a new position in shares of Kopin in the second quarter valued at about $25,000. Legal & General Group Plc purchased a new stake in shares of Kopin during the second quarter worth about $25,000. Bravias Capital Group LLC purchased a new stake in shares of Kopin during the third quarter worth about $32,000. Russell Investments Group Ltd. bought a new stake in Kopin during the 3rd quarter valued at approximately $33,000. Finally, AE Wealth Management LLC raised its stake in Kopin by 68.7% during the 3rd quarter. AE Wealth Management LLC now owns 16,873 shares of the company’s stock valued at $41,000 after purchasing an additional 6,873 shares during the period. 30.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Kopin in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $4.69.

Kopin Stock Up 3.6%

Shares of KOPN stock opened at $1.88 on Tuesday. The company’s fifty day simple moving average is $2.32 and its two-hundred day simple moving average is $2.64. Kopin Corporation has a 52 week low of $0.71 and a 52 week high of $4.16. The stock has a market cap of $343.12 million, a P/E ratio of -47.00 and a beta of 2.87.

Kopin Profile

Kopin Corporation (NASDAQ: KOPN) is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.