In a filing, Knowles Corp revealed its Officer PERNA ROBERT J acquired Company’s shares for reported $0.17 million on Feb 26 ’25. In the deal valued at $17.02 per share,10,009 shares were bought.
Then, PERNA ROBERT J sold 10,009 shares, generating $170,353 in total proceeds. Upon selling the shares at $17.02, the SVP, General Counsel & Sec now owns 75,773 shares.
Before that, Niew Jeffrey sold 4,423 shares. Knowles Corp shares valued at $86,248 were divested by the President & CEO at a price of $19.50 per share. As a result of the transaction, Niew Jeffrey now holds 0 shares, worth roughly $0.0.
Craig Hallum upgraded its Knowles Corp [KN] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. ROTH Capital also remained covering KN and has decreased its forecast on August 03, 2022 with a “Neutral” recommendation from previously “Buy” rating. Colliers Securities revised its rating on February 10, 2022. It rated KN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KN
On Thursday, Knowles Corp [NYSE:KN] saw its stock jump 1.33% to $14.44. Over the last five days, the stock has lost -0.76%. Knowles Corp shares have fallen nearly -27.55% since the year began. Nevertheless, the stocks have fallen -7.14% over the past one year. While a 52-week high of $20.85 was reached on 01/07/25, a 52-week low of $12.19 was recorded on 04/07/25. SMA at 50 days reached $16.13, while 200 days put it at $17.84.
Levels Of Support And Resistance For KN Stock
The 24-hour chart illustrates a support level at 14.27, which if violated will result in even more drops to 14.09. On the upside, there is a resistance level at 14.54. A further resistance level may holdings at 14.63. The Relative Strength Index (RSI) on the 14-day chart is 43.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.23%. Stochastics %K at 61.55% indicates the stock is a holding.
How much short interest is there in Knowles Corp?
A steep rise in short interest was recorded in Knowles Corp stocks on 2025-03-31, dropping by -0.35 million shares to a total of 2.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.16 million shares. There was a decline of -12.47%, which implies that there is a negative sentiment for the stock.
