Knowles (NYSE:KN) VP Sells $321,120.00 in Stock

Knowles Corporation (NYSE:KN) VP Air Jr. Bastarrica sold 12,000 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $26.76, for a total transaction of $321,120.00. Following the completion of the transaction, the vice president owned 48,200 shares in the company, valued at $1,289,832. The trade was a 19.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Knowles Stock Performance

Knowles stock traded down $0.26 on Tuesday, reaching $26.98. 336,478 shares of the stock were exchanged, compared to its average volume of 739,794. 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 twelve month low of $12.19 and a twelve month high of $27.55. The firm has a fifty day moving average price of $23.40 and a two-hundred day moving average price of $22.55. The stock has a market cap of $2.30 billion, a PE ratio of 52.90 and a beta of 1.52.

Knowles (NYSE:KN) last posted its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, topping 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 period in the previous year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Institutional Investors Weigh In On Knowles

A number of large investors have recently bought and sold shares of the business. Johnson Investment Counsel Inc. lifted its stake in shares of Knowles by 39.7% during the second quarter. Johnson Investment Counsel Inc. now owns 71,984 shares of the communications equipment provider’s stock valued at $1,268,000 after acquiring an additional 20,441 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in Knowles by 71.7% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 25,553 shares of the communications equipment provider’s stock worth $450,000 after purchasing an additional 10,672 shares during the last quarter. American Century Companies Inc. lifted its position in Knowles by 161.4% during the 2nd quarter. American Century Companies Inc. now owns 489,101 shares of the communications equipment provider’s stock valued at $8,618,000 after purchasing an additional 302,008 shares during the period. Creative Planning boosted its stake in shares of Knowles by 26.9% in the 2nd quarter. Creative Planning now owns 247,826 shares of the communications equipment provider’s stock valued at $4,367,000 after purchasing an additional 52,552 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Knowles by 10.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 45,047 shares of the communications equipment provider’s stock worth $794,000 after buying an additional 4,427 shares during the period. 96.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KN has been the subject of a number of research analyst reports. Robert W. Baird set a $30.00 price objective on shares of Knowles in a research report on Friday, October 24th. Zacks Research raised Knowles to a “hold” rating in a report on Friday, December 19th. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Craig Hallum reiterated a “buy” rating and set a $30.00 price target on shares of Knowles in a research note on Friday. Finally, Susquehanna increased their price objective on shares of Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $27.67.

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.