Knowles Corporation (NYSE:KN) insider Michael S. Polacek purchased 3,246 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was bought at an average cost of $15.40 per share, with a total value of $49,988.40. Following the completion of the acquisition, the insider now directly owns 42,866 shares of the company’s stock, valued at approximately $660,136.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Knowles Corporation (NYSE:KN) traded up 0.26% during mid-day trading on Tuesday, hitting $15.21. The stock had a trading volume of 715,028 shares. Knowles Corporation has a 12-month low of $13.32 and a 12-month high of $19.90. The stock has a 50-day moving average price of $16.51 and a 200 day moving average price of $17.88. The firm’s market cap is $1.36 billion.

Knowles Corporation (NYSE:KN) last posted its quarterly earnings data on Wednesday, July 26th. The communications equipment provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Knowles Corporation had a positive return on equity of 6.98% and a negative net margin of 2.44%. The company had revenue of $190.20 million during the quarter, compared to analysts’ expectations of $190.24 million. During the same period last year, the firm earned $0.13 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Equities analysts anticipate that Knowles Corporation will post $0.95 EPS for the current fiscal year.

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A number of research analysts have issued reports on the company. BidaskClub downgraded Knowles Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, June 14th. Zacks Investment Research downgraded Knowles Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Finally, Dougherty & Co assumed coverage on Knowles Corporation in a report on Thursday, June 8th. They issued a “buy” rating and a $22.00 price target for the company. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.33.

A number of hedge funds have recently bought and sold shares of KN. BlackRock Inc. boosted its position in Knowles Corporation by 16,850.3% in the first quarter. BlackRock Inc. now owns 9,107,540 shares of the communications equipment provider’s stock valued at $172,588,000 after buying an additional 9,053,809 shares in the last quarter. Vanguard Group Inc. boosted its position in Knowles Corporation by 4.3% in the first quarter. Vanguard Group Inc. now owns 7,326,833 shares of the communications equipment provider’s stock valued at $138,844,000 after buying an additional 300,512 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Knowles Corporation by 32.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,837,084 shares of the communications equipment provider’s stock valued at $53,763,000 after buying an additional 696,122 shares in the last quarter. State Street Corp boosted its position in Knowles Corporation by 1.5% in the first quarter. State Street Corp now owns 2,760,302 shares of the communications equipment provider’s stock valued at $52,307,000 after buying an additional 39,791 shares in the last quarter. Finally, Rothschild Asset Management Inc. boosted its position in Knowles Corporation by 5.8% in the second quarter. Rothschild Asset Management Inc. now owns 1,751,743 shares of the communications equipment provider’s stock valued at $29,639,000 after buying an additional 95,443 shares in the last quarter.

About Knowles Corporation

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 Corporation (NYSE:KN)

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