Knowles (NYSE:KN) SVP Raymond Cabrera Sells 6,178 Shares

Knowles Corporation (NYSE:KN) SVP Raymond Cabrera sold 6,178 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the sale, the senior vice president owned 127,945 shares of the company’s stock, valued at approximately $4,641,844.60. This trade represents a 4.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Knowles Stock Performance

Shares of KN stock opened at $36.05 on Wednesday. Knowles Corporation has a 12-month low of $19.29 and a 12-month high of $42.93. The business’s fifty day simple moving average is $38.10 and its 200-day simple moving average is $31.20. The company has a current ratio of 3.20, a quick ratio of 1.75 and a debt-to-equity ratio of 0.16. The company has a market cap of $3.08 billion, a PE ratio of 46.82 and a beta of 1.59.

Knowles (NYSE:KN) last posted its quarterly earnings data on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. Knowles had a return on equity of 11.45% and a net margin of 10.63%.The firm had revenue of $166.80 million during the quarter, compared to analysts’ expectations of $156.97 million. During the same quarter last year, the firm earned $0.24 EPS. The business’s quarterly revenue was up 14.3% on a year-over-year basis. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Analysts expect that Knowles Corporation will post 0.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on KN. Robert W. Baird set a $44.00 price target on Knowles in a research note on Friday. Susquehanna lifted their target price on shares of Knowles from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research report on Friday, May 22nd. Craig Hallum restated a “buy” rating and set a $38.00 price target on shares of Knowles in a research note on Friday, April 24th. Finally, Zacks Research cut shares of Knowles from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $40.67.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Millstone Evans Group LLC lifted its holdings in shares of Knowles by 212.9% during the first quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock worth $25,000 after purchasing an additional 662 shares during the period. Osaic Holdings Inc. increased its holdings in Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 895 shares during the period. McMillan Office Inc. purchased a new position in Knowles during the 4th quarter worth approximately $39,000. Torren Management LLC purchased a new position in Knowles during the 4th quarter worth approximately $43,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Knowles by 35.9% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,151 shares of the communications equipment provider’s stock valued at $48,000 after acquiring an additional 304 shares during the period. 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.