Juniper Networks, Inc. (NYSE:JNPR) CEO Rami Rahim sold 5,400 shares of Juniper Networks stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $26.35, for a total transaction of $142,290.00. Following the sale, the chief executive officer now owns 469,607 shares of the company’s stock, valued at $12,374,144.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Rami Rahim also recently made the following trade(s):

  • On Thursday, November 16th, Rami Rahim sold 16,100 shares of Juniper Networks stock. The shares were sold at an average price of $26.24, for a total transaction of $422,464.00.
  • On Tuesday, August 29th, Rami Rahim sold 5,400 shares of Juniper Networks stock. The shares were sold at an average price of $27.34, for a total transaction of $147,636.00.
  • On Monday, August 28th, Rami Rahim sold 5,300 shares of Juniper Networks stock. The shares were sold at an average price of $27.47, for a total transaction of $145,591.00.
  • On Wednesday, August 30th, Rami Rahim sold 16,000 shares of Juniper Networks stock. The shares were sold at an average price of $27.43, for a total transaction of $438,880.00.

Shares of Juniper Networks, Inc. (NYSE JNPR) traded up $0.11 during mid-day trading on Friday, hitting $26.30. 4,504,588 shares of the stock were exchanged, compared to its average volume of 7,371,308. Juniper Networks, Inc. has a 1 year low of $23.87 and a 1 year high of $30.96. The company has a market cap of $9,860.61, a PE ratio of 14.45, a PEG ratio of 2.09 and a beta of 1.05. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.41.

Juniper Networks (NYSE:JNPR) last announced its earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). Juniper Networks had a net margin of 12.77% and a return on equity of 13.81%. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the firm posted $0.58 EPS. The business’s quarterly revenue was down 2.1% on a year-over-year basis. equities research analysts expect that Juniper Networks, Inc. will post 1.7 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, November 30th. Juniper Networks’s dividend payout ratio (DPR) is presently 23.26%.

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Several brokerages have issued reports on JNPR. Zacks Investment Research upgraded shares of Juniper Networks from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research report on Wednesday, August 16th. BidaskClub lowered shares of Juniper Networks from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Robert W. Baird reiterated a “hold” rating and set a $26.00 target price (down from $28.00) on shares of Juniper Networks in a research report on Wednesday, October 25th. Royal Bank Of Canada reiterated a “hold” rating and set a $30.00 target price on shares of Juniper Networks in a research report on Wednesday, September 6th. Finally, UBS AG reiterated a “neutral” rating and set a $30.00 target price (up from $28.00) on shares of Juniper Networks in a research report on Wednesday, July 26th. Five research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $29.42.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Juniper Networks by 6.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,434,820 shares of the network equipment provider’s stock worth $1,071,564,000 after purchasing an additional 2,314,683 shares in the last quarter. Dodge & Cox boosted its stake in Juniper Networks by 0.4% in the 2nd quarter. Dodge & Cox now owns 17,690,957 shares of the network equipment provider’s stock worth $493,224,000 after purchasing an additional 74,877 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its stake in Juniper Networks by 12.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 12,764,160 shares of the network equipment provider’s stock worth $355,227,000 after purchasing an additional 1,386,036 shares in the last quarter. First Trust Advisors LP boosted its stake in Juniper Networks by 1.3% in the 3rd quarter. First Trust Advisors LP now owns 7,215,837 shares of the network equipment provider’s stock worth $200,817,000 after purchasing an additional 91,809 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Juniper Networks by 25.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,784,158 shares of the network equipment provider’s stock worth $188,804,000 after purchasing an additional 1,375,394 shares in the last quarter. Hedge funds and other institutional investors own 93.32% of the company’s stock.

Juniper Networks Company Profile

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, the Middle East and Africa, and Asia Pacific.

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

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