Who is the Top Investor In Knowles Corp (KN)?

Knowles Corp (NYSE: KN) is -11.17% lower on its value in year-to-date trading and has touched a low of $12.78 and a high of $19.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KN stock was last observed hovering at around $16.52 in the last trading session, with the day’s loss setting it -0.61%.

Currently trading at $15.91, the stock is -5.24% and -5.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -3.69% at the moment leaves the stock -2.42% off its SMA200. KN registered -16.61% loss for a year compared to 6-month loss of -6.41%. The firm has a 50-day simple moving average (SMA 50) of $2.28 and a 200-day simple moving average (SMA200) of $16.66.

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The stock witnessed a -5.63% gain in the last 1 month and extending the period to 3 months gives it a 1.79%, and is -3.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.60% over the week and 2.40% over the month.

Knowles Corp (KN) has around 7000 employees, a market worth around $1.44B and $707.60M in sales. Current P/E ratio is 20.07 and Fwd P/E is 11.93. Profit margin for the company is 10.23%. Distance from 52-week low is 24.49% and -16.83% from its 52-week high. The company has generated returns on investments over the last 12 months (5.72%).

Knowles Corp quarterly earnings per share for the current quarter are estimated at $0.2 with sales reaching $194.9M over the same period.The EPS is expected to grow by 29.55% this year, but quarterly earnings will post 22.30% year-over-year. Quarterly sales are estimated to grow 35.10% in year-over-year returns.

301 institutions hold shares in Knowles Corp (KN), with institutional investors hold 100.78% of the company’s shares. The shares outstanding are 89.09M, and float is at 88.71M with Short Float at 2.05%. Institutions hold 99.15% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 14.75 million shares valued at $266.44 million. The investor’s holdings represent 16.19% of the KN Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 11.57 million shares valued at $208.99 million to account for 12.70% of the shares outstanding. The other top investors are Franklin Resources, Inc. which holds 8.56 million shares representing 9.39% and valued at over $154.62 million, while Dimensional Fund Advisors LP holds 7.31% of the shares totaling 6.66 million with a market value of $120.32 million.

Knowles Corp (KN) Insider Activity

A total of 1 insider transactions have happened at Knowles Corp (KN) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Cabrera Raymond D., the company’s SVP, HR & Chief Admin. Officer. SEC filings show that Cabrera Raymond D. sold 5,000 shares of the company’s common stock on Nov 09 at a price of $15.42 per share for a total of $77100.0. Following the sale, the insider now owns 84202.0 shares.

Knowles Corp disclosed in a document filed with the SEC on May 18 that SHAVERS CHERYL L (Director) sold a total of 12,205 shares of the company’s common stock. The trade occurred on May 18 and was made at $16.61 per share for $0.2 million. Following the transaction, the insider now directly holds 50772.0 shares of the KN stock.

Still, SEC filings show that on May 03, Cabrera Raymond D. (SVP, HR & Chief Admin. Officer) disposed off 8,490 shares at an average price of $16.36 for $0.14 million. The insider now directly holds 89,202 shares of Knowles Corp (KN).

Knowles Corp (KN): Who are the competitors?

One of the company’s main competitors (and peers) include LGL Group Inc. (LGL) that is trading 36.13% up over the past 12 months.Frequency Electronics Inc. (FEIM) lies in the list of competitors of the Knowles Corp and is 72.24% higher over the same period from KNCTS Corp. (CTS) is 0.89% up on the 1-year trading charts.