Phocas Financial Corp. Buys Shares of 43,927 Knowles Corporation $KN

Phocas Financial Corp. bought a new stake in Knowles Corporation (NYSE:KN) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 43,927 shares of the communications equipment provider’s stock, valued at approximately $941,000.

Other large investors have also modified their holdings of the company. Osaic Holdings Inc. grew its position in Knowles by 94.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,842 shares of the communications equipment provider’s stock valued at $31,000 after buying an additional 895 shares during the last quarter. State of Wyoming purchased a new position in Knowles during the 3rd quarter worth $105,000. LSV Asset Management acquired a new stake in shares of Knowles in the 3rd quarter worth $182,000. Russell Investments Group Ltd. boosted its holdings in shares of Knowles by 725.1% in the third quarter. Russell Investments Group Ltd. now owns 8,606 shares of the communications equipment provider’s stock valued at $201,000 after acquiring an additional 7,563 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Knowles in the third quarter valued at about $202,000. Hedge funds and other institutional investors own 96.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on KN. Zacks Research cut shares of Knowles from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Craig Hallum reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Knowles in a report on Friday, February 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Knowles in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $27.67.

Insider Activity

In related news, SVP Raymond D. Cabrera sold 10,000 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $26.75, for a total transaction of $267,500.00. Following the sale, the senior vice president owned 102,019 shares of the company’s stock, valued at $2,729,008.25. This trade represents a 8.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Air A. Jr. Bastarrica sold 12,000 shares of Knowles stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $26.76, for a total value of $321,120.00. Following the sale, the vice president owned 48,200 shares of the company’s stock, valued at approximately $1,289,832. This represents a 19.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 248,742 shares of company stock worth $6,549,780 in the last quarter. 2.24% of the stock is currently owned by corporate insiders.

Knowles Trading Down 0.0%

Shares of KN stock opened at $25.87 on Monday. Knowles Corporation has a fifty-two week low of $12.19 and a fifty-two week high of $28.74. The stock has a market cap of $2.21 billion, a P/E ratio of 50.72 and a beta of 1.49. The business has a fifty day simple moving average of $25.91 and a 200-day simple moving average of $23.99. The company has a quick ratio of 1.58, a current ratio of 2.75 and a debt-to-equity ratio of 0.15.

Knowles (NYSE:KN) last released its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. Knowles had a net margin of 7.45% and a return on equity of 9.76%. The business had revenue of $162.20 million for the quarter, compared to analyst estimates of $156.23 million. During the same period in the previous year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Knowles has set its Q1 2026 guidance at 0.220-0.260 EPS.

About Knowles

Knowles Corporation (NYSE: KN) is a leading developer and manufacturer of advanced micro-acoustic, audio processing and precision device solutions. The company’s product portfolio includes microelectromechanical systems (MEMS) microphones, balanced armature receivers, acoustic filters, and custom audio processing integrated circuits. These solutions are designed to enable clear speech, enhanced voice capture and intelligent audio performance in a variety of end markets.

Founded in 1946, Knowles has evolved from its roots in vacuum tube components to become a pure-play audio technology provider following its spin-off from Dover Corporation in 2014.