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

Knowles Corporation (NYSE:KN) CEO Jeffrey Niew sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total value of $600,000.00. Following the transaction, the chief executive officer owned 889,370 shares of the company’s stock, valued at approximately $21,344,880. The trade was a 2.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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.
• On Monday, November 3rd, Jeffrey Niew sold 38,404 shares of Knowles stock. The stock was 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 stock was sold at an average price of $23.71, for a total value of $2,329,554.92.

Knowles Price Performance

Shares of NYSE KN traded down $0.88 during midday trading on Friday, reaching $23.17. 106,735 shares of the stock traded hands, compared to its average volume of 704,496. The company’s 50 day moving average is $22.93 and its 200 day moving average is $20.76. Knowles Corporation has a one year low of $12.19 and a one year high of $24.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.90 and a quick ratio of 1.19. The stock has a market capitalization of $1.97 billion, a PE ratio of 48.27 and a beta of 1.51.

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 company had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $149.08 million. During the same quarter in the previous year, the business posted $0.26 earnings per share. Knowles’s quarterly revenue was up 7.3% on a year-over-year basis. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Wall Street Analyst Weigh In

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

Institutional Trading of Knowles

A number of large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its holdings in shares of Knowles by 94.5% in the second quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 895 shares during the last quarter. State of Wyoming bought a new position in Knowles in the 3rd quarter worth about $105,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in Knowles in the 1st quarter worth about $106,000. GAMMA Investing LLC grew 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 acquiring an additional 3,520 shares in the last quarter. Finally, CWM LLC increased its position in shares of Knowles by 283.2% during the second quarter. CWM LLC now owns 10,265 shares of the communications equipment provider’s stock worth $181,000 after acquiring an additional 7,586 shares during the period. 96.35% of the stock is owned by hedge funds and other institutional investors.

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).