Knowles (NYSE:KN) SVP Sells $267,500.00 in Stock

Knowles Corporation (NYSE:KNGet Free Report) SVP Raymond Cabrera sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $26.75, for a total transaction of $267,500.00. Following the completion of the sale, the senior vice president owned 102,019 shares of the company’s stock, valued at $2,729,008.25. This trade represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Knowles Stock Down 1.0%

Shares of KN stock traded down $0.26 during midday trading on Tuesday, reaching $26.98. 336,478 shares of the stock were exchanged, compared to its average volume of 739,794. Knowles Corporation has a 1 year low of $12.19 and a 1 year high of $27.55. The firm has a market cap of $2.30 billion, a PE ratio of 52.90 and a beta of 1.52. The company’s 50 day moving average is $23.40 and its two-hundred day moving average is $22.55. The company has a current ratio of 2.75, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15.

Knowles (NYSE:KNGet Free Report) last released its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The company had revenue of $162.20 million during the quarter, compared to analysts’ expectations of $156.23 million. During the same quarter last year, the business posted $0.27 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Institutional Trading of Knowles

Institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its stake in shares of Knowles by 94.5% in the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after acquiring an additional 895 shares during the period. Torren Management LLC bought a new stake in Knowles in the 4th quarter worth approximately $43,000. NBC Securities Inc. bought a new stake in Knowles in the 4th quarter worth approximately $52,000. EverSource Wealth Advisors LLC raised its stake in Knowles by 24.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,364 shares of the communications equipment provider’s stock valued at $72,000 after buying an additional 652 shares during the last quarter. Finally, Danske Bank A S boosted its stake in shares of Knowles by 600.0% in the 4th quarter. Danske Bank A S now owns 3,500 shares of the communications equipment provider’s stock worth $75,000 after buying an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on KN. Zacks Research raised Knowles to a “hold” rating in a research report on Friday, December 19th. Susquehanna lifted their price objective on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Craig Hallum reissued a “buy” rating and issued a $30.00 target price on shares of Knowles in a report on Friday. Robert W. Baird set a $30.00 price target on Knowles in a report on Friday, October 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Knowles has a consensus rating of “Hold” and an average target price of $27.67.

Check Out Our Latest Research Report on Knowles

Knowles Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Knowles (NYSE:KN)

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