Knowles Co. (NYSE:KN – Get Free Report) CFO John S. Anderson sold 10,444 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $18.50, for a total transaction of $193,214.00. Following the transaction, the chief financial officer now directly owns 211,200 shares in the company, valued at $3,907,200. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Knowles Trading Down 0.8 %
KN opened at $18.33 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.36 and a debt-to-equity ratio of 0.28. Knowles Co. has a 52 week low of $12.78 and a 52 week high of $19.73. The stock has a market cap of $1.65 billion, a PE ratio of 20.83 and a beta of 1.42. The business has a 50 day moving average of $17.72 and a 200-day moving average of $16.93.
Knowles (NYSE:KN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The communications equipment provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.16). Knowles had a negative net margin of 24.36% and a positive return on equity of 5.39%. The firm had revenue of $204.70 million for the quarter.
Hedge Funds Weigh In On Knowles
Wall Street Analysts Forecast Growth
Separately, Susquehanna boosted their price target on shares of Knowles from $15.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, July 17th.
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).
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