Knowles Director Sells $260K Worth of Shares
Cheryl L. Shavers, a director at Knowles Corporation (NYSE: KN), sold 6,618 shares worth approximately $260,000 on August 17, 2026, according to an SEC Form 4 filing. The transaction reduced her direct equity holdings by 16%, leaving her with a remaining stake of 35,723 shares valued at around $1.3 million as of the date of sale. The stock was sold at a weighted average price of $39.27 per share, slightly above its closing price on that day ($38.99). Knowles has delivered strong performance in recent months, with a 92% total return over the past year and outperforming the S&P 500 by more than three times during this period. Analysts remain optimistic about the stock's future potential, with an 80% buy rating among covering analysts. The median one-year price target is $44 per share, implying a projected gain of nearly 29% from its closing value at the time of Shavers' sale.
Topics: director activity SEC filing stock sale