Juniper Networks Inc. (NYSE:JNPR) EVP Pradeep Sindhu sold 76,900 shares of the company’s stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $25.29, for a total transaction of $1,944,801.00. Following the completion of the transaction, the executive vice president now owns 20,798 shares of the company’s stock, valued at $525,981.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Juniper Networks Inc. (NYSE:JNPR) opened at 25.41 on Monday. The company has a market capitalization of $9.68 billion, a price-to-earnings ratio of 16.46 and a beta of 1.24. The company’s 50 day moving average is $24.38 and its 200-day moving average is $23.36. Juniper Networks Inc. has a 52-week low of $21.18 and a 52-week high of $30.80.

Juniper Networks (NYSE:JNPR) last issued its earnings results on Tuesday, October 25th. The network equipment provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. Juniper Networks had a net margin of 12.22% and a return on equity of 13.47%. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $626.94 million. During the same period in the previous year, the firm earned $0.57 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities analysts anticipate that Juniper Networks Inc. will post $2.07 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Juniper Networks (NYSE:JNPR)

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 22nd. Investors of record on Thursday, December 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Tuesday, November 29th. Juniper Networks’s payout ratio is 25.81%.

Several equities analysts have issued reports on the stock. Morgan Stanley cut shares of Juniper Networks from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $24.00 to $20.00 in a research report on Tuesday, November 1st. Zacks Investment Research upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research report on Monday, October 31st. FBN Securities restated a “sector perform” rating and issued a $28.00 price target (up from $25.00) on shares of Juniper Networks in a research report on Saturday, October 29th. BMO Capital Markets restated a “market perform” rating and issued a $26.00 price target (up from $24.00) on shares of Juniper Networks in a research report on Thursday, October 27th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Juniper Networks in a research report on Wednesday, October 26th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Juniper Networks currently has a consensus rating of “Hold” and an average target price of $27.44.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC increased its position in shares of Juniper Networks by 0.3% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 13,475 shares of the network equipment provider’s stock valued at $303,000 after buying an additional 34 shares during the last quarter. Leisure Capital Management increased its position in shares of Juniper Networks by 0.5% in the third quarter. Leisure Capital Management now owns 24,828 shares of the network equipment provider’s stock worth $597,000 after buying an additional 121 shares during the last quarter. GAM Holding AG increased its position in shares of Juniper Networks by 0.3% in the second quarter. GAM Holding AG now owns 51,320 shares of the network equipment provider’s stock worth $1,154,000 after buying an additional 175 shares during the last quarter. Conning Inc. increased its position in shares of Juniper Networks by 2.3% in the second quarter. Conning Inc. now owns 9,767 shares of the network equipment provider’s stock worth $220,000 after buying an additional 220 shares during the last quarter. Finally, Loomis Sayles & Co. L P increased its position in shares of Juniper Networks by 0.9% in the first quarter. Loomis Sayles & Co. L P now owns 27,484 shares of the network equipment provider’s stock worth $701,000 after buying an additional 240 shares during the last quarter. 84.48% of the stock is currently owned by institutional investors.

About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC).

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