Knowles (NYSE:KN) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• Knowles shares rose above their 50-day moving average, reaching $40.28 and last trading near $40.03, compared with a 50-day average of $36.37.
• Analyst sentiment remains cautious: two analysts rate the stock a Buy and three rate it Hold, producing a consensus Hold rating and a $40.67 price target.
• Recent quarterly results exceeded expectations, with adjusted earnings of $0.33 per share and revenue of $166.8 million, while revenue grew 14.3% year over year. Insiders have sold shares, though institutional investors own 96.35% of the company.

Knowles Corporation (NYSE:KN - Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $36.37 and traded as high as $40.28. Knowles shares last traded at $40.0290, with a volume of 751,346 shares trading hands.

Analyst Ratings Changes

A number of brokerages have recently issued reports on KN. Susquehanna upped their target price on shares of Knowles from $33.00 to $40.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Wall Street Zen cut Knowles from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Zacks Research lowered Knowles from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 22nd. Robert W. Baird set a $44.00 price target on Knowles in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded shares of Knowles from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, August 31st. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $40.67.

Knowles Trading Up 4.7%

The firm has a market cap of $3.42 billion, a P/E ratio of 51.99 and a beta of 1.59. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.75 and a current ratio of 3.20. The firm has a fifty day moving average of $36.37 and a 200-day moving average of $34.78.

Knowles (NYSE:KN - Get Free Report) last issued its earnings results on Thursday, July 23rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The firm had revenue of $166.80 million for the quarter, compared to analyst estimates of $156.97 million. Knowles had a return on equity of 11.45% and a net margin of 10.63%.The firm's revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. Knowles has set its Q3 2026 guidance at 0.340-0.380 EPS. Equities research analysts forecast that Knowles Corporation will post 1.02 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Raymond Cabrera sold 6,178 shares of the business's stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $36.28, for a total transaction of $224,137.84. Following the completion of the transaction, the senior vice president directly owned 127,945 shares in the company, valued at approximately $4,641,844.60. The trade was a 4.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Cheryl Shavers sold 6,618 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $39.27, for a total value of $259,888.86. Following the completion of the transaction, the director directly owned 35,723 shares of the company's stock, valued at $1,402,842.21. This trade represents a 15.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.24% of the company's stock.

Hedge Funds Weigh In On Knowles

Institutional investors and hedge funds have recently bought and sold shares of the stock. Polaris Financial Partners bought a new position in Knowles during the 3rd quarter valued at $146,000. Cim Investment Management Inc. bought a new stake in shares of Knowles in the 2nd quarter worth $324,000. QRG Capital Management Inc. raised its stake in shares of Knowles by 7.7% in the 2nd quarter. QRG Capital Management Inc. now owns 10,565 shares of the communications equipment provider's stock worth $438,000 after buying an additional 759 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Knowles in the second quarter valued at $55,000. Finally, Baird Financial Group Inc. bought a new position in Knowles during the second quarter valued at about $317,000. Institutional investors own 96.35% of the company's stock.

About Knowles

Knowles Corporation is a global supplier of advanced electronic components and audio solutions. The company develops and manufactures micro-acoustic products, including microelectromechanical systems (MEMS) microphones, speakers, receivers and related audio-processing technologies used in mobile devices, consumer electronics, communications equipment and other connected products.

Knowles also provides precision components for medical, industrial, defense, aerospace and other specialized applications.

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