Activist Investor Astaris Capital Increases Stake to 8.1%, Engages on Buyout Offer
KNOP sits 56% above its 52-week low of $6.65.
Summary
Activist investor Astaris Capital Management has increased its stake in KNOT Offshore Partners LP to 8.1% and is actively discussing the sponsor's non-binding buyout offer.
Key Events · Ownership and Investor Activity · KNOP
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Stake Increase
Astaris Capital Management and its affiliates now beneficially own 2,741,926 Common Units, representing 8.1% of KNOT Offshore Partners LP.
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Activist Engagement
The investor group is actively discussing the non-binding offer from sponsor Knutsen NYK Offshore Tankers AS to acquire all outstanding common units not already owned by the sponsor.
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Recent Purchases
Astaris made additional open market purchases of 46,908 shares between June 30 and July 1, 2026, at an average price of approximately $9.97 per share.
Analysis · KNOP · Energy & Transportation
Astaris Capital Management, an activist investor, has slightly increased its stake in KNOT Offshore Partners LP to 8.1% and continues to engage with management and the board regarding the non-binding offer from sponsor Knutsen NYK Offshore Tankers AS to acquire outstanding common units. This indicates ongoing pressure and discussions around a potential M&A transaction.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1594 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KNOP was trading at $10.35 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $357.6M. The 52-week trading range was $6.65 to $11.78. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.