On November 6, 2024, Jeffrey Niew, President & CEO of Knowles Corp (KN, Financial), executed a sale of 157,699 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 820,698 shares of Knowles Corp.
Knowles Corp specializes in micro-acoustic, audio processing, and precision device solutions. These products are used in mobile phones, personal computers, tablets, smart speakers, televisions, and other applications.
Over the past year, Jeffrey Niew has sold a total of 157,699 shares and has not purchased any shares. This recent transaction reflects a continuation of the insider's selling trend.
The insider transaction history for Knowles Corp shows a pattern of selling activities, with 9 insider sells and no insider buys over the past year.
Shares of Knowles Corp were trading at $18.98 on the day of the transaction. The company has a market cap of approximately $1.688 billion.
According to the GF Value, the stock is currently Fairly Valued with a price-to-GF-Value ratio of 1.03. 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 for the company's past performance and expected future business growth.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's current valuation in relation to its intrinsic value.
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.
