Knowles (NYSE:KN) SVP Robert Perna Sells 7,422 Shares

Knowles Corporation (NYSE:KN) SVP Robert Perna sold 7,422 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $28.10, for a total transaction of $208,558.20. Following the transaction, the senior vice president owned 80,272 shares in the company, valued at $2,255,643.20. The trade was a 8.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Knowles Trading Down 1.9%

KN stock traded down $0.56 during trading on Thursday, hitting $27.93. The company had a trading volume of 349,267 shares, compared to its average volume of 716,211. The firm has a 50-day moving average price of $24.43 and a 200-day moving average price of $23.13. Knowles Corporation has a 12 month low of $12.19 and a 12 month high of $28.74. The company has a quick ratio of 1.58, a current ratio of 2.75 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 54.77 and a beta of 1.52.

Knowles (NYSE:KN) last announced its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $162.20 million for the quarter, compared to analyst estimates of $156.23 million. Knowles had a return on equity of 9.76% and a net margin of 7.45%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the company earned $0.27 EPS. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Wall Street Analyst Weigh In

KN has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Craig Hallum restated a “buy” rating and issued a $30.00 price objective on shares of Knowles in a report on Friday, February 6th. Finally, Zacks Research cut shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $27.67.

Institutional Trading of Knowles

A number of large investors have recently bought and sold shares of the business. Franklin Resources Inc. raised its holdings in Knowles by 10.5% during the 3rd quarter. Franklin Resources Inc. now owns 5,108,184 shares of the communications equipment provider’s stock worth $119,072,000 after buying an additional 484,500 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Knowles by 7.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,806,916 shares of the communications equipment provider’s stock worth $60,152,000 after acquiring an additional 205,573 shares in the last quarter. Cramer Rosenthal Mcglynn LLC raised its holdings in shares of Knowles by 5.6% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 1,421,713 shares of the communications equipment provider’s stock worth $33,140,000 after acquiring an additional 75,367 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Knowles by 365.4% during the third quarter. Ameriprise Financial Inc. now owns 1,394,341 shares of the communications equipment provider’s stock worth $32,502,000 after acquiring an additional 1,094,715 shares during the period. Finally, Raymond James Financial Inc. lifted its position in Knowles by 52.8% in the 3rd quarter. Raymond James Financial Inc. now owns 1,360,918 shares of the communications equipment provider’s stock valued at $31,723,000 after acquiring an additional 470,100 shares in the last quarter. 96.35% of the stock is owned by institutional investors.

About Knowles

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.