Victory Capital Management Inc. lowered its stake in shares of Knowles Corporation (NYSE:KN – Free Report) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,223,452 shares of the communications equipment provider’s stock after selling 32,698 shares during the quarter. Victory Capital Management Inc. owned approximately 1.44% of Knowles worth $28,519,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. American Century Companies Inc. boosted its stake in Knowles by 95.9% during the 3rd quarter. American Century Companies Inc. now owns 958,387 shares of the communications equipment provider’s stock valued at $22,340,000 after acquiring an additional 469,286 shares during the last quarter. Aberdeen Group plc bought a new position in shares of Knowles during the third quarter worth about $8,535,000. CSM Advisors LLC bought a new stake in Knowles in the second quarter valued at about $5,977,000. Jane Street Group LLC acquired a new stake in Knowles during the first quarter valued at approximately $3,335,000. Finally, Marshall Wace LLP lifted its holdings in Knowles by 81.5% during the 2nd quarter. Marshall Wace LLP now owns 415,366 shares of the communications equipment provider’s stock worth $7,319,000 after buying an additional 186,536 shares during the last quarter. Institutional investors own 96.35% of the company’s stock.
Key Knowles News
Here are the key news stories impacting Knowles this week:
- Neutral Sentiment: Mathew Knowles abruptly ends an interview after a question crediting Tina Knowles for shaping Destiny’s Child went viral; he later called the clip “baffling.” Mathew Knowles Abruptly Ends Interview
- Neutral Sentiment: Multiple outlets report Mathew Knowles is “evaluating all legal remedies” after the interview clip; stories repeat his statement about considering legal action. Mathew Knowles Evaluating Legal Remedies
- Neutral Sentiment: Tina Knowles posts a sharp public response (a “savage clap back”) to the viral remarks, and media coverage highlights the couple’s back-and-forth. Tina Knowles Silences Ex
- Neutral Sentiment: Widespread reposting and commentary (E! News, The Grio, Yahoo, MSN, BlackEnterprise, CheatSheet) amplify the clip and interview fallout across entertainment outlets. E! News Coverage
- Neutral Sentiment: Several outlets run variations of the same story (Mathew walking out, Tina responding); duplication increases visibility but adds no new substantive developments. AOL Coverage
- Neutral Sentiment: Tina Knowles’ audiobook-related recognition (Audie Awards) is covered separately and is positive press for her personally but unrelated to Knowles Corp. Audie Awards/Audiobooks
Knowles Stock Down 3.5%
Knowles (NYSE:KN – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. The business had revenue of $162.20 million for the quarter, compared to the consensus estimate of $156.23 million. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.
Analyst Ratings Changes
Several equities research analysts recently issued reports on KN shares. Craig Hallum reissued a “buy” rating and set a $30.00 price target on shares of Knowles in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a report on Monday, December 29th. Finally, Zacks Research lowered shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $27.67.
Check Out Our Latest Stock Report on KN
Insider Activity at Knowles
In other Knowles news, CEO Jeffrey Niew sold 75,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were 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 of the company’s stock, valued at $19,593,305. The trade was a 9.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Air A. Jr. Bastarrica sold 12,000 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $26.76, for a total transaction of $321,120.00. Following the completion of the transaction, the vice president owned 48,200 shares of the company’s stock, valued at approximately $1,289,832. This trade represents a 19.93% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 273,742 shares of company stock valued at $7,149,780. Company insiders own 2.54% of the company’s stock.
Knowles Company Profile
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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