Insider Sale: Director Cheryl Shavers Sells 12,579 Shares of Knowles Corp (KN)

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On September 23, 2024, Cheryl Shavers, Director at Knowles Corp (KN, Financial), executed a sale of 12,579 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 48,933 shares of Knowles Corp.

Knowles Corp specializes in the manufacturing of micro-acoustic, audio processing, and precision device solutions. These products are used in mobile phones, personal computers, tablets, headsets, entertainment, and other electronic devices.

According to the data, over the past year, Cheryl Shavers has sold a total of 12,579 shares and has not made any purchases of the company's stock. The insider transaction history for Knowles Corp shows no insider buys in the past year but records 5 insider sells during the same period.

Shares of Knowles Corp were trading at $17.29 on the day of the transaction. The company has a market cap of approximately $1.55 billion. Based on the GF Value, which is $18.13, the stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.95.

The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This sale by the insider might be of interest to current and potential investors, providing insight into how insiders are interacting with their holdings in the company.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.