Knowles (NYSE:KN) CEO Jeffrey Niew Sells 75,000 Shares of Stock

Knowles Corporation (NYSE:KNGet Free Report) CEO Jeffrey Niew sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $26.50, for a total transaction of $1,987,500.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 shares were 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 value of $600,000.00.
  • 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 value of $587,500.00.

Knowles Stock Performance

KN opened at $26.96 on Friday. The firm has a market cap 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 company has a 50 day simple moving average of $23.31 and a two-hundred day simple moving average of $22.43. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.90 and a quick ratio of 1.19.

Knowles (NYSE:KNGet Free Report) last released its earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Knowles had a net margin of 7.45% and a return on equity of 9.84%. The company had revenue of $162.20 million for the quarter, compared to analysts’ expectations of $156.23 million. During the same quarter in the previous year, the company earned $0.27 EPS. Knowles’s revenue for the quarter was up 13.8% on a year-over-year basis. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Hedge Funds Weigh In On Knowles

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its position in shares of Knowles by 27.0% during the 1st quarter. Royal Bank of Canada now owns 70,073 shares of the communications equipment provider’s stock valued at $1,064,000 after purchasing an additional 14,900 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Knowles by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,722 shares of the communications equipment provider’s stock worth $786,000 after buying an additional 2,245 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Knowles by 7.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,557 shares of the communications equipment provider’s stock valued at $3,626,000 after acquiring an additional 15,827 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Knowles in the first quarter valued at $3,335,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Knowles in the 2nd quarter worth about $278,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Knowles News Roundup

Here are the key news stories impacting Knowles this week:

Analysts Set New Price Targets

Several brokerages recently issued reports on KN. Robert W. Baird set a $30.00 target price on Knowles in a research note on Friday, October 24th. Craig Hallum reiterated a “buy” rating and issued a $30.00 price target on shares of Knowles in a research note on Friday. Zacks Research raised Knowles to a “hold” rating in a report on Friday, December 19th. Susquehanna raised 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $27.67.

View Our Latest Stock Report on KN

About Knowles

(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.

Further Reading

Insider Buying and Selling by Quarter for Knowles (NYSE:KN)

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