Key Points
- Insider sale: Knowles VP Air Jr. Bastarrica sold 2,262 shares at an average of $30.68 for $69,398.16, cutting their stake by 3.93% to 55,307 shares valued at about $1.70M.
- Earnings beat and guidance: Knowles reported $0.27 EPS vs. $0.24 consensus and $153.1M revenue (up 15.8% YoY), and set Q2 2026 EPS guidance of $0.280–$0.320.
- Analyst and institutional positioning: Recent analyst upgrades raised targets to $38–$39 (average $33.33) and institutional investors hold roughly 96.35% of the company's stock.
Knowles Corporation (NYSE:KN - Get Free Report) VP Air Jr. Bastarrica sold 1,962 shares of the business's stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $30.26, for a total value of $59,370.12. Following the completion of the sale, the vice president owned 53,345 shares of the company's stock, valued at $1,614,219.70. This trade represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Knowles Price Performance
Shares of NYSE KN opened at $30.28 on Thursday. Knowles Corporation has a twelve month low of $15.43 and a twelve month high of $31.95. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 47.31 and a beta of 1.49. The business has a 50 day simple moving average of $27.18 and a 200-day simple moving average of $24.73.
Knowles (NYSE:KN - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.03. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The business had revenue of $153.10 million during the quarter, compared to the consensus estimate of $147.40 million. During the same period in the previous year, the business earned $0.18 EPS. The business's quarterly revenue was up 15.8% on a year-over-year basis. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. As a group, equities research analysts expect that Knowles Corporation will post 0.92 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on KN shares. Robert W. Baird upped their price objective on Knowles from $30.00 to $39.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. Craig Hallum reiterated a "buy" rating and set a $38.00 price target on shares of Knowles in a research report on Friday, April 24th. Finally, Zacks Research upgraded Knowles from a "strong sell" rating to a "hold" rating in a research report on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Knowles has an average rating of "Hold" and an average target price of $33.33.
Get Our Latest Stock Report on Knowles
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. Hodges Capital Management Inc. boosted its position in Knowles by 66.2% during the 1st quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider's stock worth $5,582,000 after acquiring an additional 86,563 shares during the period. Abel Hall LLC lifted its holdings in shares of Knowles by 8.9% in the first quarter. Abel Hall LLC now owns 14,325 shares of the communications equipment provider's stock valued at $368,000 after buying an additional 1,173 shares during the period. Moran Wealth Management LLC lifted its holdings in shares of Knowles by 63.3% in the first quarter. Moran Wealth Management LLC now owns 44,494 shares of the communications equipment provider's stock valued at $1,143,000 after buying an additional 17,250 shares during the period. Private Advisor Group LLC acquired a new stake in shares of Knowles in the first quarter valued at $227,000. Finally, Y Intercept Hong Kong Ltd lifted its holdings in shares of Knowles by 0.6% in the first quarter. Y Intercept Hong Kong Ltd now owns 76,098 shares of the communications equipment provider's stock valued at $1,954,000 after buying an additional 463 shares during the period. Institutional investors and hedge funds own 96.35% of the company's stock.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
