Air Jr. Bastarrica Sells 2,153 Shares of Knowles (NYSE:KN) Stock

Knowles Corporation (NYSE:KN) VP Air Jr. Bastarrica sold 2,153 shares of Knowles stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $29.96, for a total value of $64,503.88. Following the completion of the sale, the vice president directly owned 51,192 shares in the company, valued at $1,533,712.32. This trade represents a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Knowles Price Performance

Shares of KN stock traded down $0.06 during trading hours on Wednesday, hitting $30.28. The stock had a trading volume of 761,309 shares, compared to its average volume of 703,340. Knowles Corporation has a one year low of $15.43 and a one year high of $31.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77. The stock’s 50-day moving average price is $27.11 and its two-hundred day moving average price is $24.69. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 47.31 and a beta of 1.49.

Knowles (NYSE:KN) last issued its earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The firm had revenue of $153.10 million for the quarter, compared to analysts’ expectations of $147.40 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue was up 15.8% compared to the same quarter last year. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Equities analysts forecast that Knowles Corporation will post 0.92 EPS for the current year.

Institutional Investors Weigh In On Knowles

Several large investors have recently added to or reduced their stakes in KN. Osaic Holdings Inc. increased its stake in Knowles by 94.5% during 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 last quarter. McMillan Office Inc. bought a new stake in Knowles during the fourth quarter worth approximately $39,000. Torren Management LLC bought a new stake in Knowles during the fourth quarter worth approximately $43,000. NBC Securities Inc. purchased a new position in shares of Knowles during the fourth quarter valued at approximately $52,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Knowles during the fourth quarter valued at approximately $54,000. 96.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

KN has been the topic of several analyst reports. Zacks Research raised Knowles from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Robert W. Baird boosted their price objective on Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Craig Hallum reissued a “buy” rating and set a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Knowles currently has a consensus rating of “Hold” and an average price target of $33.33.

Knowles Company Profile

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.