Knoll Inc (NYSE:KNL) Director Kathleen G. Bradley sold 7,519 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of $23.53, for a total value of $176,922.07. Following the completion of the transaction, the director now owns 120,523 shares in the company, valued at $2,835,906.19. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of NYSE:KNL opened at $23.35 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 0.61 and a debt-to-equity ratio of 1.28. Knoll Inc has a 1-year low of $17.56 and a 1-year high of $24.00. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 16.92 and a beta of 0.91.

Knoll (NYSE:KNL) last issued its quarterly earnings data on Monday, July 30th. The business services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.04. Knoll had a return on equity of 20.90% and a net margin of 6.54%. The business had revenue of $323.40 million for the quarter, compared to analysts’ expectations of $307.70 million. During the same period last year, the business earned $0.30 EPS. The business’s revenue was up 20.4% on a year-over-year basis. sell-side analysts forecast that Knoll Inc will post 1.8 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend is Thursday, September 13th. Knoll’s dividend payout ratio (DPR) is presently 43.48%.

A number of large investors have recently modified their holdings of KNL. Wells Fargo & Company MN lifted its stake in Knoll by 5.3% during the 1st quarter. Wells Fargo & Company MN now owns 830,227 shares of the business services provider’s stock valued at $16,762,000 after acquiring an additional 41,717 shares in the last quarter. Alps Advisors Inc. bought a new position in Knoll during the 1st quarter valued at $435,000. Algert Global LLC bought a new position in Knoll during the 1st quarter valued at $550,000. SG Americas Securities LLC lifted its stake in Knoll by 48.9% during the 1st quarter. SG Americas Securities LLC now owns 12,283 shares of the business services provider’s stock valued at $248,000 after acquiring an additional 4,034 shares in the last quarter. Finally, Prudential Financial Inc. bought a new position in Knoll during the 1st quarter valued at $587,000. Institutional investors and hedge funds own 89.41% of the company’s stock.

A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded Knoll from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Wednesday, June 27th. ValuEngine upgraded Knoll from a “sell” rating to a “hold” rating in a research note on Saturday, June 16th.

About Knoll

Knoll, Inc, together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, textiles, fine leathers, and felt for the workplace and residential markets in the United States, Canada, and Europe. The company operates through three segments: Office, Studio, and Coverings.

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