Knowles (NYSE:KN) Director Keith Barnes Sells 41,048 Shares of Stock

Knowles Corporation (NYSE:KNGet Free Report) Director Keith Barnes sold 41,048 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $27.16, for a total value of $1,114,863.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Knowles Stock Up 2.2%

Shares of Knowles stock traded up $0.61 on Tuesday, reaching $28.09. 572,354 shares of the company were exchanged, compared to its average volume of 731,427. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 55.08 and a beta of 1.52. The company has a current ratio of 2.75, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15. Knowles Corporation has a one year low of $12.19 and a one year high of $28.47. The company has a 50-day moving average of $24.18 and a 200 day moving average of $23.04.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of Knowles by 27.0% during the first quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock worth $1,064,000 after acquiring an additional 14,900 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Knowles by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock worth $786,000 after purchasing an additional 2,245 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Knowles by 7.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock worth $3,626,000 after purchasing an additional 15,827 shares during the last quarter. Jane Street Group LLC bought a new stake in Knowles in the 1st quarter valued at $3,335,000. Finally, CWM LLC grew its holdings in Knowles by 283.2% in the 2nd quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock valued at $181,000 after buying an additional 7,586 shares in the last quarter. 96.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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Knowles Company Profile

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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.

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