Knowles Corporation $KN Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its stake in shares of Knowles Corporation (NYSE:KN) by 5.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,546,295 shares of the communications equipment provider’s stock after selling 93,772 shares during the quarter. William Blair Investment Management LLC’s holdings in Knowles were worth $36,044,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KN. Osaic Holdings Inc. raised its stake in shares of Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after acquiring an additional 895 shares during the period. State of Wyoming acquired a new position in Knowles in the third quarter valued at $105,000. LSV Asset Management purchased a new position in shares of Knowles during the third quarter worth about $182,000. Choreo LLC acquired a new stake in shares of Knowles in the 2nd quarter worth $202,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Knowles during the third quarter worth $202,000. 96.35% of the stock is owned by hedge funds and other institutional investors.

Knowles Stock Down 2.7%

Shares of NYSE KN opened at $27.16 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.58 and a current ratio of 2.75. The firm has a 50 day moving average price of $24.65 and a 200 day moving average price of $23.25. Knowles Corporation has a 52-week low of $12.19 and a 52-week high of $28.74. The stock has a market cap of $2.31 billion, a P/E ratio of 53.25 and a beta of 1.48.

Knowles (NYSE:KN) last posted 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. Knowles had a net margin of 7.45% and a return on equity of 9.76%. The firm had revenue of $162.20 million for the quarter, compared to analyst estimates of $156.23 million. During the same period in the prior year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

Analysts Set New Price Targets

Several research firms have issued reports on KN. Craig Hallum reaffirmed a “buy” rating and set a $30.00 price target on shares of Knowles in a research note on Friday, February 6th. Zacks Research lowered shares of Knowles from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $27.67.

Insider Activity at Knowles

In other news, SVP Raymond D. Cabrera sold 10,000 shares of Knowles stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $26.75, for a total transaction of $267,500.00. Following the sale, the senior vice president directly owned 102,019 shares of the company’s stock, valued at approximately $2,729,008.25. This trade represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Air A. Jr. Bastarrica sold 12,000 shares of the business’s stock in a transaction on 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 sale, the vice president directly owned 48,200 shares in the company, valued at approximately $1,289,832. This represents a 19.93% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 298,742 shares of company stock valued at $7,737,280. 2.54% of the stock is owned by company insiders.

Knowles 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.