Kopin Corp (KOPN) Files Form 4 Insider Buying : David Brook Buys 50,000 Shares

Kopin Corp (KOPN): David Brook , director of Kopin Corp purchased 50,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.82 per share for a total value of $91,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 20, 2015, John C C Fan (CEO) purchased 94,800 shares at $2.88 per share price.On May 20, 2015, Michael J Landine (director) sold 142 shares at $3.75 per share price.

Kopin Corporation: On Friday, May 13, 2016 heightened volatility was witnessed in Kopin Corporation which led to swings in the share price. The shares opened for trading at $1.66 and hit $1.74 on the upside , eventually ending the session at $1.7, with a gain of 1.80% or 0.03 points. The heightened volatility saw the trading volume jump to 2,34,700 shares. The 52-week high of the share price is $3.75 and the company has a market cap of $113 M . The 52-week low of the share price is at $1.57.

Kopin Corporation Money Flow Index Chart

Kopin Corporation is an inventor developer manufacturer and seller of wearable technologies which include components and concept systems. The Company operates in two segments which include Forth Dimension Displays Ltd. (FDD) and Kopin. FDD segment is the manufacturer of its reflective display products for test and simulation products. Kopin segment consists of Kopin Corporation Kowon Intoware and eMDT. The components that it sells consist of its active-matrix liquid crystal displays (AMLCD) liquid crystal on silicon (LCOS) displays optical lenses and application specific integrated circuits (ASICs). Its concept systems are focused on the emerging market for head-worn hands-free voice and gesture controlled wireless computing and communication devices. The Company’s components consist of its transmissive AMLCDs and reflective LCOS micro-displays offered in a variety of resolutions.

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