Knowles Corporation (NYSE:KN) Short Interest Update

Knowles Corporation (NYSE:KN) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 2,840,275 shares, a growth of 13.6% from the March 31st total of 2,499,938 shares. Based on an average daily trading volume, of 524,203 shares, the short-interest ratio is currently 5.4 days. Currently, 3.4% of the shares of the stock are short sold.

Knowles Trading Up 1.4%

Knowles stock traded up $0.43 during trading hours on Friday, hitting $31.62. The company had a trading volume of 768,295 shares, compared to its average volume of 784,794. Knowles has a 1 year low of $15.85 and a 1 year high of $31.95. The firm has a market cap of $2.71 billion, a P/E ratio of 49.41 and a beta of 1.56. The company has a 50-day moving average price of $27.25 and a two-hundred day moving average price of $24.77. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 3.27.

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

Insiders Place Their Bets

In other Knowles news, CEO Jeffrey Niew sold 75,000 shares of Knowles stock in a transaction on Friday, February 6th. The shares were sold at an average price of $26.50, for a total value of $1,987,500.00. Following the completion of the transaction, the chief executive officer directly owned 739,370 shares of the company’s stock, valued at $19,593,305. This trade represents a 9.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Raymond D. Cabrera sold 10,000 shares of Knowles stock in a transaction on Monday, February 9th. The stock was sold at an average price of $26.75, for a total transaction of $267,500.00. Following the completion of the transaction, the senior vice president directly owned 102,019 shares of the company’s stock, valued at $2,729,008.25. The trade was a 8.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 208,742 shares of company stock worth $5,617,539. Insiders own 2.24% of the company’s stock.

Institutional Investors Weigh In On Knowles

Several hedge funds have recently modified their holdings of KN. Millstone Evans Group LLC lifted its position in shares of Knowles by 212.9% in the 1st quarter. Millstone Evans Group LLC now owns 973 shares of the communications equipment provider’s stock worth $25,000 after purchasing an additional 662 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Knowles by 94.5% during the 2nd 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. McMillan Office Inc. purchased a new stake in shares of Knowles during the 4th quarter worth $39,000. Torren Management LLC purchased a new stake in shares of Knowles during the 4th quarter worth $43,000. Finally, NBC Securities Inc. purchased a new stake in shares of Knowles during the 4th quarter worth $52,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on KN shares. Zacks Research upgraded Knowles from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Craig Hallum reiterated a “buy” rating and issued a $38.00 target price on shares of Knowles in a report on Friday, April 24th. Finally, Robert W. Baird lifted their price target on shares of Knowles from $30.00 to $39.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Knowles presently has a consensus rating of “Hold” 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.