Large Outflow of Money Witnessed in Knowles Corporation

Knowles Corporation (NYSE:KN) During the most recent session, the shares traded at 0.04 points or 0.27% higher at $15.11. The money flow data is unimpressive with the net money flow value of $(-4.5) million. As per the intraday data, the upticks measured $0.7 million and the downticks measured $5.2 million. As a result, the up/down ratio registered a value of 0.13. The shares have seen 0.73% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $4.46 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-4.46) million.

Shares of Knowles Corporation rose by 1.27% in the last five trading days and 18.58% for the last 4 weeks. Knowles Corporation is up 11.69% in the last 3-month period. Year-to-Date the stock performance stands at 13.95%.

Currently the company Insiders own 1.49% of Knowles Corporation shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 52%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Niew Jeffrey, director officer (President & CEO) of Knowles Corp, had unloaded 4,467 shares at an average price of $11.15 in a transaction dated on February 18, 2016. The total value of the transaction was worth $49,807.

Knowles Corporation (NYSE:KN) rose 0.8% or 0.12 points on Friday and made its way into the gainers of the day. After trading began at $15.27 the stock was seen hitting $15.56 as a peak level and $15.05 as the lowest level. The stock ended up at $15.19. The daily volume was measured at 1,105,236 shares. The 52-week high of the share price is $22.33 and the 52-week low is $9.68. The company has a market cap of $1,346 million.

Knowles Corporation (Knowles) is a supplier of micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. The Company operates micro-electro-mechanical systems (MEMS) microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets. The Companys segments include Mobile Consumer Electronics (MCE) and Specialty Components (SC). MCE includes analog and digital microphones, MEMS microphones, surface mounted device microphones, multi-functional devices, and integrated audio sub-systems, among others. SC includes transducers, oscillators, capacitors and filters. The Company is also a manufacturer of transducers used in hearing aids and other medical devices and capacitor components which provide various types of communication. The Companys wholly owned subsidiary Audience, Inc. offers intelligent audio and signal processing solutions.

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