Knowles (NYSE:KN) VP Air Jr. Bastarrica Sells 1,962 Shares

Knowles Corporation (NYSE:KN) VP Air Jr. Bastarrica sold 1,962 shares of Knowles stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $30.26, for a total value of $59,370.12. Following the sale, the vice president owned 53,345 shares of the company’s stock, valued at approximately $1,614,219.70. This represents a 3.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Knowles Trading Down 0.2%

Knowles stock opened at $30.28 on Thursday. The stock has a market cap of $2.59 billion, a PE ratio of 47.31 and a beta of 1.49. The stock has a 50-day moving average price of $27.18 and a 200 day moving average price of $24.73. Knowles Corporation has a 52 week low of $15.43 and a 52 week high of $31.95. The company has a current ratio of 3.27, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

Knowles (NYSE:KN) last posted its quarterly earnings data on Thursday, April 23rd. The communications equipment provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $153.10 million during the quarter, compared to analysts’ expectations of $147.40 million. Knowles had a return on equity of 10.66% and a net margin of 9.10%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 EPS. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. Equities research analysts predict that Knowles Corporation will post 0.92 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Knowles

A number of institutional investors have recently made changes to their positions in the business. Hodges Capital Management Inc. raised its position in shares of Knowles by 66.2% in the 1st quarter. Hodges Capital Management Inc. now owns 217,386 shares of the communications equipment provider’s stock valued at $5,582,000 after purchasing an additional 86,563 shares in the last quarter. Abel Hall LLC raised its position in shares of Knowles by 8.9% in the 1st quarter. Abel Hall LLC now owns 14,325 shares of the communications equipment provider’s stock valued at $368,000 after purchasing an additional 1,173 shares in the last quarter. Moran Wealth Management LLC raised its position in shares of Knowles by 63.3% in the 1st quarter. Moran Wealth Management LLC now owns 44,494 shares of the communications equipment provider’s stock valued at $1,143,000 after purchasing an additional 17,250 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of Knowles in the 1st quarter valued at approximately $227,000. Finally, Y Intercept Hong Kong Ltd raised its position in shares of Knowles by 0.6% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 76,098 shares of the communications equipment provider’s stock valued at $1,954,000 after purchasing an additional 463 shares in the last quarter. 96.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KN. Robert W. Baird lifted their price objective on Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Craig Hallum reissued a “buy” rating and set a $38.00 price target on shares of Knowles in a research report on Friday, April 24th. Finally, Zacks Research raised Knowles from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $33.33.

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.