Juno Lighting LLC (NASDAQ:JUNO)’s share price was down 3.1% during mid-day trading on Friday . The company traded as low as $32.65 and last traded at $32.97, with a volume of 733,403 shares trading hands. The stock had previously closed at $34.02.

A number of equities analysts have issued reports on JUNO shares. JPMorgan Chase & Co. downgraded Juno Lighting from an “overweight” rating to a “neutral” rating and cut their price target for the company from $63.00 to $39.00 in a research note on Friday, July 8th. FBR & Co reiterated a “buy” rating on shares of Juno Lighting in a research note on Tuesday, May 10th. Cowen and Company reiterated a “buy” rating and set a $55.00 price target on shares of Juno Lighting in a research note on Sunday, July 10th. Maxim Group reiterated a “buy” rating and set a $80.00 price target on shares of Juno Lighting in a research note on Sunday, July 10th. Finally, Leerink Swann reiterated an “outperform” rating and set a $60.00 price target on shares of Juno Lighting in a research note on Friday, July 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $50.86.

The company’s 50-day moving average is $31.77 and its 200-day moving average is $37.25. The stock’s market cap is $3.37 billion.

Juno Lighting (NASDAQ:JUNO) last released its quarterly earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.41) by $0.23. During the same period in the prior year, the firm posted ($0.35) earnings per share. The company had revenue of $27.60 million for the quarter, compared to the consensus estimate of $14.26 million. Juno Lighting’s quarterly revenue was up 121.5% compared to the same quarter last year. Analysts expect that Juno Lighting LLC will post ($2.32) EPS for the current year.

In other Juno Lighting news, EVP Hyam Levitsky sold 12,418 shares of the firm’s stock in a transaction that occurred on Friday, June 17th. The shares were sold at an average price of $42.77, for a total transaction of $531,117.86. Following the completion of the transaction, the executive vice president now owns 117,000 shares of the company’s stock, valued at $5,004,090. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Klausner sold 12,000 shares of the firm’s 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 directly owns 846,799 shares of the company’s stock, valued at approximately $34,473,187.29. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Juno Lighting stock. RS Investment Management Co. LLC raised its position in shares of Juno Lighting LLC (NASDAQ:JUNO) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,217 shares of the biopharmaceutical company’s stock after buying an additional 6,557 shares during the period. RS Investment Management Co. LLC owned 0.06% of Juno Lighting worth $2,824,000 at the end of the most recent reporting period.

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