Jeffrey Niew Sells 25,000 Shares of Knowles (NYSE:KN) Stock

Knowles Corporation (NYSE:KN) CEO Jeffrey Niew sold 25,000 shares of Knowles stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total value of $600,000.00. Following the sale, the chief executive officer directly owned 889,370 shares of the company’s stock, valued at approximately $21,344,880. This trade 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 available through this hyperlink.

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

• 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 shares were sold at an average price of $23.71, for a total value of $2,329,554.92.

Knowles Stock Down 3.6%

Knowles stock traded down $0.88 during midday trading on Friday, hitting $23.17. 106,735 shares of the company’s stock were exchanged, compared to its average volume of 704,496. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.19 and a current ratio of 1.90. The company has a market cap of $1.97 billion, a PE ratio of 48.27 and a beta of 1.51. The firm has a 50-day moving average of $22.93 and a two-hundred day moving average of $20.76. Knowles Corporation has a 12 month low of $12.19 and a 12 month high of $24.53.

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, topping 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 firm 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 earned $0.26 EPS. The company’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.

Institutional Investors Weigh In On Knowles

Several institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its stake 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 worth $31,000 after acquiring an additional 895 shares during the last quarter. State of Wyoming purchased a new position in shares of Knowles in the 3rd quarter valued at approximately $105,000. GAMMA Investing LLC boosted its stake in Knowles by 118.8% in the 2nd quarter. GAMMA Investing LLC now owns 6,482 shares of the communications equipment provider’s stock worth $114,000 after purchasing an additional 3,520 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Knowles during the 1st quarter worth approximately $106,000. Finally, LSV Asset Management purchased a new stake in Knowles during the 3rd quarter worth approximately $182,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Susquehanna increased their target price on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Craig Hallum set a $28.00 price objective on Knowles and gave the company a “buy” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knowles in a research note on Monday. Wall Street Zen upgraded shares of Knowles from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 13th. Finally, Robert W. Baird set a $30.00 price target on shares of Knowles in a report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.00.

About Knowles

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).