Insider Selling: Knowles (NYSE:KN) SVP Sells $85,766.94 in Stock

Knowles Corporation (NYSE:KN) SVP Robert Perna sold 3,166 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $27.09, for a total transaction of $85,766.94. Following the transaction, the senior vice president directly owned 60,440 shares in the company, valued at approximately $1,637,319.60. The trade was a 4.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Knowles Stock Down 1.4%

Shares of NYSE KN opened at $26.63 on Friday. The firm has a fifty day simple moving average of $23.63 and a two-hundred day simple moving average of $22.65. Knowles Corporation has a 12 month low of $12.19 and a 12 month high of $27.73. The company has a current ratio of 2.75, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.26 billion, a PE ratio of 52.22 and a beta of 1.52.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. Knowles had a net margin of 7.45% and a return on equity of 9.76%. The company had revenue of $162.20 million for the quarter, compared to analysts’ expectations of $156.23 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. Knowles’s quarterly revenue was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Susquehanna upped their target price on shares of Knowles from $18.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Zacks Research upgraded shares of Knowles to a “hold” rating in a research note on Friday, December 19th. Craig Hallum reissued a “buy” rating and set a $30.00 price objective on shares of Knowles in a research note on Friday, February 6th. Finally, Robert W. Baird set a $30.00 target price on shares of Knowles in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $27.67.

Institutional Trading of Knowles

Several institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. increased its stake in Knowles by 94.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 895 shares in the last quarter. McMillan Office Inc. bought a new stake in shares of Knowles during the fourth quarter valued at approximately $39,000. Torren Management LLC purchased a new position in Knowles in the 4th quarter worth approximately $43,000. NBC Securities Inc. bought a new position in Knowles in the 4th quarter valued at approximately $52,000. Finally, EverSource Wealth Advisors LLC boosted 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 purchasing an additional 652 shares during the last quarter. 96.35% of the stock is 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.