Knowles (NYSE:KN) SVP Sells $257,081.48 in Stock

Knowles Corporation (NYSE:KN) SVP Robert Perna sold 9,221 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $27.88, for a total transaction of $257,081.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Knowles Stock Performance

Knowles stock opened at $27.16 on Friday. Knowles Corporation has a fifty-two week low of $12.19 and a fifty-two week high of $28.74. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 53.25 and a beta of 1.52. The stock has a fifty day moving average of $24.65 and a two-hundred day moving average of $23.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75.

Knowles (NYSE:KN) last posted its quarterly earnings data 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 business had revenue of $162.20 million for the quarter, compared to analyst estimates of $156.23 million. During the same quarter last year, the company earned $0.27 earnings per share. The business’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.

Wall Street Analysts Forecast Growth

KN has been the topic of several recent analyst reports. Zacks Research downgraded shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Craig Hallum restated a “buy” rating and set a $30.00 price objective on shares of Knowles in a report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.67.

Hedge Funds Weigh In On Knowles

A number of large investors have recently modified their holdings of KN. Ameriprise Financial Inc. grew its holdings in shares of Knowles by 365.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after purchasing an additional 1,094,715 shares during the period. Harvey Partners LLC acquired a new position in Knowles during the third quarter valued at approximately $14,510,000. Franklin Resources Inc. grew its stake in Knowles by 10.5% during the third quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock worth $119,072,000 after buying an additional 484,500 shares during the period. Raymond James Financial Inc. increased its position in shares of Knowles by 52.8% in the third quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock worth $31,723,000 after acquiring an additional 470,100 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Knowles by 95.9% in the 3rd quarter. American Century Companies Inc. now owns 958,387 shares of the communications equipment provider’s stock valued at $22,340,000 after acquiring an additional 469,286 shares during the period. 96.35% of the stock is currently owned by hedge funds and other institutional investors.

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.