Knowles (NYSE:KN) Stock Passes Above 50-Day Moving Average – Should You Sell?

Knowles Corporation (NYSE:KN) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $22.37 and traded as high as $23.14. Knowles shares last traded at $23.1060, with a volume of 660,858 shares.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Craig Hallum set a $28.00 target price on shares of Knowles and gave the stock a “buy” rating in a report on Friday, October 24th. Robert W. Baird set a $30.00 price target on shares of Knowles in a research report on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Susquehanna lifted their target price on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Zacks Research raised Knowles to a “hold” rating in a research report on Friday, December 19th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $27.00.

Knowles Price Performance

The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 48.14 and a beta of 1.50. The company’s 50 day moving average is $22.37 and its 200-day moving average is $21.55. The company has a current ratio of 1.90, a quick ratio of 1.19 and a debt-to-equity ratio of 0.14.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The firm had revenue of $152.90 million for the quarter, compared to the consensus estimate of $149.08 million. During the same quarter in the previous year, the business earned $0.26 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Insider Transactions at Knowles

In other Knowles news, CEO Jeffrey Niew sold 25,000 shares of Knowles stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total transaction of $600,000.00. Following the completion of the transaction, the chief executive officer directly owned 889,370 shares of the company’s stock, valued at $21,344,880. The trade was a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 186,656 shares of company stock worth $4,421,469. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. acquired a new stake in shares of Knowles during the third quarter worth $372,000. CIBC Bancorp USA Inc. bought a new position in Knowles during the third quarter worth about $212,000. CANADA LIFE ASSURANCE Co raised its stake in Knowles by 4.4% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 99,035 shares of the communications equipment provider’s stock worth $2,303,000 after purchasing an additional 4,175 shares in the last quarter. Caxton Associates LLP bought a new stake in Knowles in the 3rd quarter valued at about $661,000. Finally, Virtus Advisers LLC acquired a new position in shares of Knowles during the 3rd quarter worth approximately $501,000. 96.35% of the stock is owned by institutional investors and hedge funds.

About Knowles

Knowles Corporation (NYSE: KN) is a leading developer and manufacturer of advanced micro-acoustic, audio processing and precision device solutions. The company’s product portfolio includes microelectromechanical systems (MEMS) microphones, balanced armature receivers, acoustic filters, and custom audio processing integrated circuits. These solutions are designed to enable clear speech, enhanced voice capture and intelligent audio performance in a variety of end markets.

Founded in 1946, Knowles has evolved from its roots in vacuum tube components to become a pure-play audio technology provider following its spin-off from Dover Corporation in 2014.