Marshall Wace LLP Makes New $447,000 Investment in Koss Co. (NASDAQ:KOSS)

Marshall Wace LLP bought a new stake in Koss Co. (NASDAQ:KOSS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 60,580 shares of the company’s stock, valued at approximately $447,000. Marshall Wace LLP owned approximately 0.65% of Koss as of its most recent SEC filing.

Separately, Geode Capital Management LLC grew its position in Koss by 2.9% during the third quarter. Geode Capital Management LLC now owns 61,211 shares of the company’s stock valued at $452,000 after purchasing an additional 1,744 shares in the last quarter. Hedge funds and other institutional investors own 6.21% of the company’s stock.

Koss Price Performance

Shares of KOSS stock opened at $4.88 on Friday. Koss Co. has a fifty-two week low of $2.93 and a fifty-two week high of $18.73. The stock’s 50-day moving average is $4.85 and its two-hundred day moving average is $6.28. The firm has a market cap of $45.63 million, a P/E ratio of -61.00 and a beta of -1.61.

Koss (NASDAQ:KOSS) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.01 earnings per share for the quarter. Koss had a negative net margin of 6.10% and a negative return on equity of 2.42%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Koss from a “sell” rating to a “hold” rating in a research note on Wednesday, April 23rd.

Koss Profile

Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.