Knowles (NYSE:KN) CEO Jeffrey Niew Sells 50,000 Shares

Knowles Corporation (NYSE:KN) CEO Jeffrey Niew sold 50,000 shares of Knowles stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $24.75, for a total value of $1,237,500.00. Following the completion of the transaction, the chief executive officer owned 839,370 shares in the company, valued at approximately $20,774,407.50. This represents a 5.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Jeffrey Niew also recently made the following trade(s):

• On Wednesday, December 10th, Jeffrey Niew sold 25,000 shares of Knowles stock. The stock was sold at an average price of $24.00, for a total value of $600,000.00.
• On Thursday, December 4th, Jeffrey Niew sold 25,000 shares of Knowles stock. The stock was sold at an average price of $23.50, for a total value of $587,500.00.
• On Monday, November 3rd, Jeffrey Niew sold 38,404 shares of Knowles stock. The shares were sold at an average price of $23.55, for a total value of $904,414.20.
• On Friday, October 31st, Jeffrey Niew sold 98,252 shares of Knowles stock. The stock was sold at an average price of $23.71, for a total transaction of $2,329,554.92.

Knowles Stock Down 2.2%

Shares of NYSE KN opened at $24.05 on Wednesday. The firm’s fifty day moving average is $22.55 and its 200 day moving average is $21.88. Knowles Corporation has a 52 week low of $12.19 and a 52 week high of $25.24. The company has a quick ratio of 1.19, a current ratio of 1.90 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 50.09 and a beta of 1.50.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. Knowles had a net margin of 7.27% and a return on equity of 8.98%. The business had revenue of $152.90 million during the quarter, compared to analysts’ expectations of $149.08 million. During the same quarter in the prior year, the company posted $0.26 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Wall Street Analysts Forecast Growth

KN has been the topic of a number of recent analyst reports. Zacks Research upgraded Knowles to a “hold” rating in a research report on Friday, December 19th. Susquehanna lifted their price target on shares of Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Craig Hallum set a $28.00 target price on shares of Knowles and gave the stock a “buy” rating in a research report on Friday, October 24th. Finally, Robert W. Baird set a $30.00 price target on shares of Knowles in a research report on Friday, October 24th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Knowles presently has an average rating of “Hold” and a consensus price target of $27.00.

Hedge Funds Weigh In On Knowles

A number of institutional investors and hedge funds have recently made changes to their positions in KN. Osaic Holdings Inc. lifted its holdings in shares of Knowles by 94.5% during the second 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 during the last quarter. State of Wyoming purchased a new position in Knowles during the third quarter valued at $105,000. GAMMA Investing LLC boosted its holdings in Knowles by 118.8% in the second quarter. GAMMA Investing LLC now owns 6,482 shares of the communications equipment provider’s stock worth $114,000 after acquiring an additional 3,520 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Knowles in the third quarter worth $182,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of Knowles by 725.1% during the third quarter. Russell Investments Group Ltd. now owns 8,606 shares of the communications equipment provider’s stock valued at $201,000 after acquiring an additional 7,563 shares in the last quarter. Institutional investors own 96.35% of the company’s stock.

Knowles Company Profile

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.