Juno Lighting LLC (NASDAQ:JUNO) fell 5.9% on Wednesday . The company traded as low as $31.26 and last traded at $31.38, with a volume of 2,270,832 shares changing hands. The stock had previously closed at $33.35.

A number of brokerages have weighed in on JUNO. FBR & Co set a $61.00 price target on shares of Juno Lighting and gave the company a “buy” rating in a report on Friday, August 5th. Maxim Group cut their price target on shares of Juno Lighting from $80.00 to $50.00 and set a “buy” rating for the company in a report on Friday, August 5th. Leerink Swann reaffirmed a “buy” rating and set a $86.00 price objective on shares of Juno Lighting in a research note on Thursday, July 14th. Zacks Investment Research lowered shares of Juno Lighting from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $55.00 price objective on shares of Juno Lighting in a research note on Sunday, July 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $52.05.

The stock’s market cap is $3.19 billion. The company has a 50-day moving average price of $33.14 and a 200-day moving average price of $37.10.

Juno Lighting (NASDAQ:JUNO) last announced its quarterly earnings data on Thursday, August 4th. The biopharmaceutical company reported ($0.64) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.41) by $0.23. During the same period last year, the firm posted ($0.35) EPS. The company earned $27.60 million during the quarter, compared to analysts’ expectations of $14.26 million. The firm’s revenue for the quarter was up 121.5% on a year-over-year basis. Analysts expect that Juno Lighting LLC will post ($2.43) EPS for the current fiscal year.

In related news, General Counsel Bernard J. Cassidy sold 3,116 shares of Juno Lighting stock in a transaction dated Thursday, May 19th. The stock was sold at an average price of $39.03, for a total value of $121,617.48. Following the completion of the sale, the general counsel now directly owns 55,511 shares in the company, valued at $2,166,594.33. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Hans Edgar Bishop sold 90,750 shares of Juno Lighting stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $46.42, for a total value of $4,212,615.00. Following the completion of the sale, the chief executive officer now owns 2,704,609 shares of the company’s stock, valued at $125,547,949.78. The disclosure for this sale can be found here.

A number of hedge funds have recently made changes to their positions in JUNO. Swiss National Bank purchased a new stake in shares of Juno Lighting during the fourth quarter worth approximately $2,603,000. US Bancorp DE raised its stake in shares of 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 during the last quarter. California Public Employees Retirement System raised its stake in shares of 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 during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of 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 during the last quarter. Finally, RS Investment Management Co. LLC raised its stake in shares of 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 during the last quarter.

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