KNOT Offshore Partners (KNOP) Insider Seglem Buys $25M of Stock

Trygve Seglem, an insider at KNOP, purchased 1.25 million shares on June 15, 2026. The transaction was valued at $25 million, with each share priced at $20. This move was not part of a pre-planned trading scheme.

Other Institutional Activity in KNOP

Invesco Ltd. held steady with 1,776,804 shares valued at about $17.9 million. 683 Capital Management, LLC increased its stake by 20,000 shares, bringing its total to 1,480,000 shares worth nearly $14.9 million. Renaissance Technologies LLC added 108,400 shares, reaching a total of 1,335,435 shares valued at approximately $13.5 million. Morgan Stanley also increased its holdings by 64,663 shares to a total of 907,164 shares, valued at around $9.1 million. Two Sigma Investments, LP made a significant move by adding 368,228 shares, bringing its total to 590,505 shares, valued at about $5.95 million.

KNOT Offshore Partners LP Stock Down 8.2%

Shares of KNOP traded around $10.37. The stock has seen diverse activity among institutional investors, reflecting varied investment strategies.

Insider Buying and Selling at KNOT Offshore Partners LP

On June 15, 2026, Trygve Seglem acquired 1.25 million shares of KNOP at an average price of $20 per share, totaling $25 million. This purchase was not part of a Rule 10b5-1 plan.

Analysts Set New Price Targets

On September 4, 2024, Alliance Global Partners maintained its buy rating on KNOP with a price target of $10. Previously, the firm had upgraded the stock to a buy rating with an $8 target on May 30, 2023, and downgraded it to a sell with a $6 target on January 12, 2023. B.Riley Financial maintained a buy rating with a $15 target on January 6, 2023.

Bottom Line

Trygve Seglem's recent purchase of KNOP shares adds a notable insider perspective to the stock's ongoing market activity. While KNOP's stock trades at $10.37, various institutional investors have adjusted their stakes, reflecting differing views on the company's potential. Analyst ratings show a range of opinions, with recent targets suggesting cautious optimism. As always, keep in mind that insider transactions and 13F filings are backward-looking and may not reflect current positions.