Knowles Corporation (NYSE:KN) insider Michael S. Polacek acquired 1,007 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were acquired at an average cost of $14.78 per share, for a total transaction of $14,883.46. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Knowles Corporation (NYSE KN) opened at $15.68 on Friday. The stock has a market capitalization of $1,370.66, a PE ratio of 22.53, a price-to-earnings-growth ratio of 2.07 and a beta of 0.76. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.39 and a quick ratio of 1.43. Knowles Corporation has a 12-month low of $14.11 and a 12-month high of $19.90.

Knowles (NYSE:KN) last announced its earnings results on Wednesday, October 25th. The communications equipment provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. The business had revenue of $221.70 million for the quarter, compared to analysts’ expectations of $220.62 million. Knowles had a return on equity of 6.13% and a net margin of 0.25%. The business’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same period last year, the firm posted $0.37 earnings per share. equities analysts anticipate that Knowles Corporation will post 0.62 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in the business. Highbridge Capital Management LLC purchased a new position in Knowles in the third quarter worth about $320,000. Royce & Associates LP raised its stake in shares of Knowles by 8.5% in the third quarter. Royce & Associates LP now owns 1,023,450 shares of the communications equipment provider’s stock worth $15,628,000 after buying an additional 80,500 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Knowles by 12.9% in the third quarter. Envestnet Asset Management Inc. now owns 135,602 shares of the communications equipment provider’s stock worth $2,071,000 after buying an additional 15,500 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Knowles by 20.0% in the third quarter. Dimensional Fund Advisors LP now owns 4,343,949 shares of the communications equipment provider’s stock worth $66,332,000 after buying an additional 725,486 shares during the period. Finally, BB&T Securities LLC raised its stake in shares of Knowles by 5.1% in the third quarter. BB&T Securities LLC now owns 90,997 shares of the communications equipment provider’s stock worth $1,389,000 after buying an additional 4,386 shares during the period.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Knowles from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Piper Jaffray Companies assumed coverage on Knowles in a research report on Wednesday, December 20th. They set a “neutral” rating and a $15.50 price objective on the stock. Robert W. Baird reaffirmed a “buy” rating and set a $20.00 price objective on shares of Knowles in a research report on Friday, October 27th. Finally, Lake Street Capital reaffirmed a “buy” rating and set a $20.00 price objective on shares of Knowles in a research report on Monday, November 20th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $18.42.

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About Knowles

Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).

Insider Buying and Selling by Quarter for Knowles (NYSE:KN)

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