On September 30, 2024, Keith Barnes, Director at Knowles Corp (KN, Financial), sold 6,725 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 86,192 shares of Knowles Corp.
Knowles Corp is a market leader in the manufacturing of advanced micro-acoustic microphones and speakers, capacitors, and RF products. These components find extensive applications in mobile, ear, and IoT devices, among others, enhancing the performance and user experience of such devices.
Over the past year, Keith Barnes has sold a total of 11,911 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed at Knowles Corp, where there have been six insider sells and no insider buys over the last year.
Shares of Knowles Corp were trading at $17.88 on the day of the transaction. The company has a market cap of approximately $1.594 billion. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 1.01.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by GuruFocus for past returns and growth, and incorporating future business performance estimates from analysts.
This insider sell event might be of interest to current and potential investors, providing insight into insider confidence and stock valuation based on recent market activities and the company's financial health.
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.
