Knowles (NYSE:KN) COO Sells $753,901.32 in Stock

Knowles Corporation (NYSE:KN) COO Daniel Giesecke sold 20,201 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $37.32, for a total transaction of $753,901.32. Following the completion of the sale, the chief operating officer directly owned 175,855 shares of the company’s stock, valued at approximately $6,562,908.60. This trade represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Knowles Price Performance

Shares of KN opened at $37.44 on Monday. Knowles Corporation has a 1-year low of $16.11 and a 1-year high of $38.56. The stock has a market cap of $3.20 billion, a PE ratio of 58.50 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.27 and a quick ratio of 1.77. The firm has a fifty day moving average price of $30.89 and a 200 day moving average price of $26.46.

Knowles (NYSE:KN) last announced its quarterly earnings results on Thursday, April 23rd. The communications equipment provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Knowles had a net margin of 9.10% and a return on equity of 10.66%. The firm had revenue of $153.10 million during the quarter, compared to analysts’ expectations of $147.40 million. During the same period in the previous year, the company earned $0.18 earnings per share. Knowles’s quarterly revenue was up 15.8% compared to the same quarter last year. Knowles has set its Q2 2026 guidance at 0.280-0.320 EPS. As a group, sell-side analysts anticipate that Knowles Corporation will post 0.94 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Y Intercept Hong Kong Ltd increased its stake in Knowles by 0.6% in the first 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 during the period. ProShare Advisors LLC increased its stake in shares of Knowles by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 16,612 shares of the communications equipment provider’s stock worth $356,000 after acquiring an additional 504 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Knowles by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 45,669 shares of the communications equipment provider’s stock worth $1,065,000 after acquiring an additional 622 shares during the period. Royal Bank of Canada increased its stake in shares of Knowles by 1.2% during the fourth quarter. Royal Bank of Canada now owns 53,002 shares of the communications equipment provider’s stock worth $1,136,000 after acquiring an additional 638 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Knowles by 24.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,364 shares of the communications equipment provider’s stock worth $72,000 after acquiring an additional 652 shares during the period. 96.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on KN. Craig Hallum restated a “buy” rating and issued a $38.00 price objective on shares of Knowles in a research note on Friday, April 24th. Weiss Ratings restated a “hold (c)” rating on shares of Knowles in a research note on Friday, May 22nd. Zacks Research upgraded shares of Knowles from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Robert W. Baird lifted their price objective on shares of Knowles from $30.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.