Jeffrey Niew Sells 38,404 Shares of Knowles (NYSE:KN) Stock

Knowles Corporation (NYSE:KN) CEO Jeffrey Niew sold 38,404 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $23.55, for a total value of $904,414.20. Following the completion of the transaction, the chief executive officer owned 939,370 shares of the company’s stock, valued at approximately $22,122,163.50. The trade was a 3.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 Trading Up 1.7%

Shares of NYSE:KN opened at $23.06 on Thursday. Knowles Corporation has a 52-week low of $12.19 and a 52-week high of $24.53. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 48.03 and a beta of 1.53. The company has a quick ratio of 1.19, a current ratio of 1.90 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $22.88 and a 200-day moving average price of $19.66.

Knowles (NYSE:KN) last announced its quarterly earnings data on Thursday, October 23rd. The communications equipment provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.08. Knowles had a return on equity of 8.98% and a net margin of 7.27%.The firm had revenue of $152.90 million during the quarter, compared to analysts’ expectations of $149.08 million. During the same period last year, the business posted $0.26 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. Knowles has set its Q4 2025 guidance at 0.330-0.370 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on KN. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knowles in a research report on Wednesday, October 8th. Craig Hallum set a $28.00 price target on Knowles and gave the company a “buy” rating in a research report on Friday, October 24th. Robert W. Baird set a $30.00 price target on Knowles in a research report on Friday, October 24th. Susquehanna lifted their price target on Knowles from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen upgraded Knowles from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Knowles currently has an average rating of “Moderate Buy” and an average price target of $27.00.

Institutional Investors Weigh In On Knowles

Several institutional investors and hedge funds have recently added to or reduced their stakes in KN. Royce & Associates LP increased its holdings in Knowles by 31.5% in the 1st quarter. Royce & Associates LP now owns 1,611,679 shares of the communications equipment provider’s stock worth $24,498,000 after acquiring an additional 386,155 shares in the last quarter. Nuveen LLC purchased a new stake in Knowles in the 1st quarter worth $5,581,000. CSM Advisors LLC purchased a new stake in Knowles in the 2nd quarter worth $5,977,000. Advantage Alpha Capital Partners LP purchased a new stake in Knowles in the 1st quarter worth $4,697,000. Finally, American Century Companies Inc. increased its holdings in Knowles by 161.4% in the 2nd quarter. American Century Companies Inc. now owns 489,101 shares of the communications equipment provider’s stock worth $8,618,000 after acquiring an additional 302,008 shares in the last quarter. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Knowles Company Profile

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).