The Chief Executive Officer of Knoll (NYSE: KNL) is Selling Shares

By George MacDonald

Today, the Chief Executive Officer of Knoll (NYSE: KNL), Andrew Cogan, sold shares of KNL for $682.2k.

Following Andrew Cogan’s last KNL Sell transaction on February 19, 2016, the stock climbed by 5.1%. In addition to Andrew Cogan, 4 other KNL executives reported Sell trades in the last month.

Based on Knoll`s latest earnings report from December 31, the company posted quarterly revenue of $305.7M and quarterly net profit of $13.45M. In comparison, last year the company earned revenue of $266.5M and had a net profit of $17.44M. The company has a one year high of $25.54 and a one year low of $16.29. KNL’s market cap is $1.15B and the company has a P/E ratio of 17.04%.

Looking at blogger coverage of KNL, there is a 100% Bullish tendency on the stock, in relation to a 69% average bullish tendency within the Consumer Goods sector.

Over the last 3 months, the insider sentiment on Knoll has been neutral based on 54 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Knoll, Inc. engages in the design and manufacture of workplace furnishings, textiles and fine leathers. The company operates through three reporting segments: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories as well as the international sales of North American Office products. The Studio segment includes KnollStudio division and the company’s European subsidiaries which primarily sell KnollStudio products. The Coverings segment includes, KnollTextiles, Spinneybeck and Edelman Leather. The company was founded by Hans G. Knoll in 1938 and is headquartered in East Greenville, PA.