Juno Lighting LLC (NASDAQ:JUNO) shot up 6.4% during mid-day trading on Monday . The stock traded as high as $33.48 and last traded at $33.48, with a volume of 1,441,813 shares. The stock had previously closed at $31.46.

Several research firms recently issued reports on JUNO. Vetr cut Juno Lighting from a “strong-buy” rating to a “buy” rating and set a $53.00 price objective on the stock. in a report on Monday, June 6th. FBR & Co reiterated a “buy” rating on shares of Juno Lighting in a report on Monday, June 6th. Zacks Investment Research cut Juno Lighting from a “buy” rating to a “hold” rating in a report on Monday, April 25th. SunTrust Banks Inc. reiterated a “buy” rating and issued a $50.00 price objective on shares of Juno Lighting in a report on Wednesday, April 20th. Finally, Raymond James Financial Inc. began coverage on Juno Lighting in a report on Thursday, June 2nd. They issued an “outperform” rating and a $52.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $52.05.

The stock’s market capitalization is $3.32 billion. The company has a 50-day moving average price of $34.02 and a 200 day moving average price of $37.06.

Juno Lighting (NASDAQ:JUNO) last posted its quarterly earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.41) by $0.23. During the same quarter in the prior year, the company posted ($0.35) earnings per share. The business had revenue of $27.60 million for the quarter, compared to the consensus estimate of $14.26 million. The firm’s revenue for the quarter was up 121.5% compared to the same quarter last year. Analysts expect that Juno Lighting LLC will post ($2.29) EPS for the current year.

In other Juno Lighting news, Director Richard Klausner sold 12,000 shares of the stock in a transaction that occurred on Friday, June 24th. The shares were sold at an average price of $40.71, for a total transaction of $488,520.00. Following the transaction, the director now owns 846,799 shares of the company’s stock, valued at $34,473,187.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, General Counsel Bernard J. Cassidy sold 3,116 shares of the stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $39.03, for a total transaction of $121,617.48. Following the transaction, the general counsel now directly owns 55,511 shares in the company, valued at approximately $2,166,594.33. The disclosure for this sale can be found here.

A number of institutional investors recently bought and sold shares of the company. Swiss National Bank bought a new position in Juno Lighting during the fourth quarter worth $2,603,000. California Public Employees Retirement System increased its position in Juno Lighting by 878.7% in the fourth quarter. California Public Employees Retirement System now owns 105,700 shares of the biopharmaceutical company’s stock worth $4,648,000 after buying an additional 94,900 shares in the last quarter. US Bancorp DE increased its position in Juno Lighting by 1.8% in the fourth quarter. US Bancorp DE now owns 88,700 shares of the biopharmaceutical company’s stock worth $3,900,000 after buying an additional 1,600 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Juno Lighting by 27.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 51,206 shares of the biopharmaceutical company’s stock worth $2,252,000 after buying an additional 10,884 shares in the last quarter. Finally, RS Investment Management Co. LLC increased its position in Juno Lighting by 11.4% in the fourth quarter. RS Investment Management Co. LLC now owns 64,217 shares of the biopharmaceutical company’s stock worth $2,824,000 after buying an additional 6,557 shares in the last quarter.

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