The stock of Knoll Inc (NYSE:KNL) is a huge mover today! About 340,990 shares traded hands. Knoll Inc (NYSE:KNL) has risen 9.29% since March 3, 2016 and is uptrending. It has outperformed by 0.95% the S&P500.
The move comes after 7 months positive chart setup for the $1.09B company. It was reported on Oct, 6 by Barchart.com. We have $31.65 PT which if reached, will make NYSE:KNL worth $446.90M more.
Analysts await Knoll Inc (NYSE:KNL) to report earnings on October, 19. They expect $0.43 earnings per share, up 13.16% or $0.05 from last year’s $0.38 per share. KNL’s profit will be $20.88M for 13.05 P/E if the $0.43 EPS becomes a reality. After $0.44 actual earnings per share reported by Knoll Inc for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.
According to Zacks Investment Research, “Knoll Inc, a leading designer and manufacturer of branded office furniture products and textiles, serves clients worldwide. Their commitment to innovation and modern design has yielded a comprehensive portfolio of products designed to provide enduring value and help clients shape their workplaces with imagination and vision.”
Insitutional Activity: The institutional sentiment decreased to 1.34 in Q2 2016. Its down 0.43, from 1.77 in 2016Q1. The ratio fall, as 12 funds sold all Knoll Inc shares owned while 61 reduced positions. 36 funds bought stakes while 62 increased positions. They now own 44.86 million shares or 1.97% less from 45.76 million shares in 2016Q1.
Raymond James And reported 12,503 shares or 0% of all its holdings. Metropolitan Life Ins Ny, a New York-based fund reported 35,582 shares. Morgan Stanley holds 517,238 shares or 0% of its portfolio. Monarch Prtn Asset Mgmt Ltd, a Massachusetts-based fund reported 119,935 shares. Aqr Cap last reported 127,179 shares in the company. Pnc Financial Services Grp accumulated 5,663 shares or 0% of the stock. Ahl Prns Llp last reported 0.02% of its portfolio in the stock. Paloma Prtn Mngmt has invested 0% of its portfolio in Knoll Inc (NYSE:KNL). Great Lakes Advsr Ltd Llc holds 0.05% of its portfolio in Knoll Inc (NYSE:KNL) for 82,627 shares. The United Kingdom-based Barclays Public Limited Com has invested 0% in Knoll Inc (NYSE:KNL). Teachers Advisors Incorporated accumulated 0% or 72,841 shares. Old National Bank In accumulated 14,121 shares or 0.02% of the stock. Panagora Asset has 0% invested in the company for 3,457 shares. Hillcrest Asset Mngmt Limited Liability Corp has 362,094 shares for 2.22% of their US portfolio. Barrow Hanley Mewhinney & Strauss Ltd last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 9 selling transactions for $3.16 million net activity. 4,000 Knoll Inc (NYSE:KNL) shares with value of $101,400 were sold by MAYPOLE JOHN F. 20,000 shares with value of $480,214 were sold by Cogan Andrew B on Thursday, May 26. Shares for $631,425 were sold by Nash Sarah E. $112,390 worth of Knoll Inc (NYSE:KNL) shares were sold by Pollner Michael A. The insider Pardo Benjamin A sold $105,656. FISHER STEPHEN F had sold 5,020 shares worth $129,826.
More news for Knoll Inc (NYSE:KNL) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Motorola Solutions, KBR and Knoll” on September 09, 2016. Finance.Yahoo.com‘s article titled: “Knoll, Inc. to Announce 2016 Second Quarter Results” and published on July 14, 2016 is yet another important article.
KNL Company Profile
Knoll, Inc., incorporated on December 15, 1995, is a designer and maker of furnishings, textiles and leather for the workplace and home. The Firm operates through three divisions: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories, as well as the international sales of its North American Office products. The Studio segment includes its KnollStudio division, the Company’s European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and Holly Hunt Enterprises, Inc. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt), and Edelman Leather. It offers a portfolio of furniture, textiles and leathers across five product categories: office systems, which are typically modular and movable workspaces with functionally integrated panels or table desks, worksurfaces, pedestals and other storage units, power and data systems and lighting; office seating; files and storage; desks, casegoods and tables, and specialty products, including high-image side chairs, sofas, desks and tables for the office and home, textiles, accessories, leathers, designer felt and related products.
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