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Knowles Director Shavers Sells $260,000 Worth of Stock

Knowles Director Shavers Sells $260,000 Worth of Stock

Cheryl L. Shavers, a Knowles director, divested 6,618 shares of the company's stock on August 17, 2026, according to an SEC Form 4 filing. The transaction valued the shares at $39.27 on average, while the market closed at $38.99 per share. By selling these shares, Shavers reduced her direct equity exposure by 16%. The shares were sold at $39.27 each, while the stock was valued at $38.99 as of the market close on August 17, 2026.

After the sale, Shavers retained 35,723 shares, which were valued at $1.3 million as of the same market close. The stock had delivered a 92% total return over the previous 12 months. Knowles specializes in manufacturing electronic components, including micro-acoustic microphones and balanced-armature speakers. The company serves various industries, including consumer electronics, medical technology, aerospace, electric vehicles, and communications infrastructure.

With a $2.9 billion market capitalization and 5,200 employees, Knowles has seen a significant increase in its stock price, with a 92% gain over the past year compared to the S&P 500's 19.6% growth. Five analysts covering the stock rate it as a buy, with a median one-year price target of $44, representing a 28.5% increase. However, it remains to be seen whether the stock's performance will continue to outperform the broader market.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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