Knowles (NYSE:KN) CEO Sells $1,987,500.00 in Stock

Knowles Corporation (NYSE:KNGet Free Report) CEO Jeffrey Niew sold 75,000 shares of Knowles stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $26.50, for a total value of $1,987,500.00. Following the transaction, the chief executive officer directly owned 739,370 shares in the company, valued at approximately $19,593,305. The trade was a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, February 3rd, Jeffrey Niew sold 25,000 shares of Knowles stock. The shares were sold at an average price of $25.50, for a total transaction of $637,500.00.
  • On Thursday, January 15th, Jeffrey Niew sold 50,000 shares of Knowles stock. The stock was sold at an average price of $24.75, for a total transaction of $1,237,500.00.
  • On Wednesday, December 10th, Jeffrey Niew sold 25,000 shares of Knowles stock. The shares were sold at an average price of $24.00, for a total transaction 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 transaction of $587,500.00.

Knowles Price Performance

NYSE KN opened at $26.96 on Monday. The stock has a market capitalization of $2.30 billion, a P/E ratio of 52.86 and a beta of 1.52. Knowles Corporation has a 1 year low of $12.19 and a 1 year high of $27.36. The business’s fifty day moving average is $23.31 and its two-hundred day moving average is $22.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75.

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

Analysts Set New Price Targets

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

Get Our Latest Report on Knowles

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KN. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Knowles during the 2nd quarter worth $278,000. Johnson Investment Counsel Inc. boosted its holdings in Knowles by 39.7% in the second quarter. Johnson Investment Counsel Inc. now owns 71,984 shares of the communications equipment provider’s stock worth $1,268,000 after purchasing an additional 20,441 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in Knowles by 71.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 25,553 shares of the communications equipment provider’s stock worth $450,000 after buying an additional 10,672 shares during the last quarter. American Century Companies Inc. raised its holdings in Knowles by 161.4% during the second quarter. American Century Companies Inc. now owns 489,101 shares of the communications equipment provider’s stock valued at $8,618,000 after buying an additional 302,008 shares in the last quarter. Finally, Creative Planning lifted its position in shares of Knowles by 26.9% in the second quarter. Creative Planning now owns 247,826 shares of the communications equipment provider’s stock worth $4,367,000 after buying an additional 52,552 shares during the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

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Knowles Company Profile

(Get Free Report)

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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