Key Points
- Insider sale: CEO Jeffrey Niew sold 25,000 shares on Dec. 10 at an average price of $24 for proceeds of $600,000, reducing his direct stake to 889,370 shares (a 2.73% decrease).
- Pattern of disposals: The Dec. 10 sale is part of a recent string of insider sales (Oct. 31, Nov. 3, Dec. 4 and Dec. 10) totaling roughly $4.42 million in proceeds.
- Business and market context: Knowles beat Q3 estimates with $0.33 EPS and 7.3% revenue growth, provided Q4 EPS guidance of $0.33–0.37, and the stock trades near $22.89 (down 4.8%) with a consensus analyst target of $27 and a "Moderate Buy" rating.
Knowles Corporation (NYSE:KN - Get Free Report) CEO Jeffrey Niew sold 25,000 shares of Knowles stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total transaction of $600,000.00. Following the transaction, the chief executive officer directly owned 889,370 shares in the company, valued at approximately $21,344,880. This represents a 2.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Jeffrey Niew also recently made the following trade(s):
- On Thursday, December 4th, Jeffrey Niew sold 25,000 shares of Knowles stock. The shares were sold at an average price of $23.50, for a total transaction of $587,500.00.
- On Monday, November 3rd, Jeffrey Niew sold 38,404 shares of Knowles stock. The stock was 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 value of $2,329,554.92.
Knowles Stock Down 4.8%
NYSE:KN opened at $22.89 on Friday. Knowles Corporation has a 1 year low of $12.19 and a 1 year high of $24.53. The stock has a 50-day moving average price of $22.91 and a two-hundred day moving average price of $20.80. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 47.69 and a beta of 1.51. The company has a current ratio of 1.90, a quick ratio of 1.19 and a debt-to-equity ratio of 0.14.
Knowles (NYSE:KN - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The communications equipment provider reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.08. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The company had revenue of $152.90 million for the quarter, compared to analyst estimates of $149.08 million. During the same quarter last year, the firm posted $0.26 earnings per share. Knowles's revenue 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
A number of brokerages have weighed in on KN. Wall Street Zen raised shares of Knowles from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 13th. Robert W. Baird set a $30.00 price objective on shares of Knowles in a report on Friday, October 24th. Craig Hallum set a $28.00 target price on shares of Knowles and gave the stock a "buy" rating in a research note on Friday, October 24th. Weiss Ratings reissued a "hold (c-)" rating on shares of Knowles in a research note on Monday. Finally, Susquehanna boosted their price target on Knowles from $18.00 to $23.00 and gave the company a "neutral" rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $27.00.
Get Our Latest Stock Analysis on Knowles
Institutional Investors Weigh In On Knowles
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KN. PNC Financial Services Group Inc. boosted its stake in shares of Knowles by 4.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,110 shares of the communications equipment provider's stock worth $260,000 after buying an additional 759 shares during the last quarter. National Bank of Canada FI raised its holdings in Knowles by 5.2% during the first quarter. National Bank of Canada FI now owns 75,737 shares of the communications equipment provider's stock worth $1,151,000 after acquiring an additional 3,726 shares in the last quarter. Invesco Ltd. boosted its position in Knowles by 21.2% during the first quarter. Invesco Ltd. now owns 499,859 shares of the communications equipment provider's stock valued at $7,598,000 after purchasing an additional 87,268 shares during the last quarter. Nuveen LLC bought a new position in Knowles in the first quarter valued at approximately $5,581,000. Finally, Public Sector Pension Investment Board grew its stake in Knowles by 26.7% in the first quarter. Public Sector Pension Investment Board now owns 278,010 shares of the communications equipment provider's stock valued at $4,226,000 after purchasing an additional 58,636 shares in the last quarter. 96.35% of the stock is currently owned by institutional investors and hedge funds.
About Knowles
(
Get Free Report)
Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).
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