Figma Shares Indicated To Open $105/$110
Robert J. Perna, SVP, General Counsel & Secretary at Knowles Corp (NASDAQ:NYSE:KN), sold 56,130 shares of common stock on July 28 at a price of $20.4724, totaling approximately $1.15 million.
According to a Form 4 filing with the Securities and Exchange Commission, Perna also exercised options to acquire a total of 56,130 shares of Knowles Corp common stock. These transactions involved 29,412 shares at $16.77 and 26,718 shares at $17.39, amounting to $957,865. The $1.79 billion market cap company maintains a healthy balance sheet with liquid assets exceeding short-term obligations and moderate debt levels. For deeper insights into insider trading patterns and comprehensive financial analysis, check out InvestingPro.
Additionally, on March 20, Perna made a gift of 9,221 shares.
In other recent news, Knowles Corporation reported its financial results for the second quarter of 2025, surpassing earnings expectations. The company achieved an earnings per share (EPS) of $0.24, slightly higher than the forecasted $0.23. Additionally, Knowles Corporation’s revenue exceeded predictions, reaching $146 million compared to the anticipated $139.75 million. Despite these positive financial results, the company’s stock experienced a decline in after-hours trading. The stock closed at $19, reflecting a 1.82% decrease. These developments highlight the company’s performance amidst current market conditions.
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