Juno Lighting LLC (NASDAQ:JUNO) shares were down 1.9% during mid-day trading on Thursday . The company traded as low as $31.08 and last traded at $31.24, with a volume of 712,508 shares trading hands. The stock had previously closed at $31.83.

A number of research analysts recently issued reports on JUNO shares. Cowen and Company reissued a “buy” rating and set a $55.00 price target on shares of Juno Lighting in a research report on Sunday, July 10th. Barclays PLC started coverage on shares of Juno Lighting in a report on Wednesday, July 6th. They issued an “equal weight” rating and a $48.00 target price for the company. Maxim Group reaffirmed a “buy” rating and issued a $80.00 target price on shares of Juno Lighting in a report on Monday, July 18th. Leerink Swann reaffirmed a “buy” rating and issued a $86.00 target price on shares of Juno Lighting in a report on Thursday, July 14th. Finally, JPMorgan Chase & Co. cut shares of Juno Lighting from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $63.00 to $39.00 in a report on Friday, July 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Juno Lighting currently has an average rating of “Buy” and a consensus target price of $50.86.

The company’s market capitalization is $3.28 billion. The firm’s 50-day moving average is $30.93 and its 200-day moving average is $37.49.

Juno Lighting (NASDAQ:JUNO) last issued its earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by $0.23. The business 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. During the same quarter last year, the firm posted ($0.35) EPS. Equities analysts anticipate that Juno Lighting LLC will post ($2.38) EPS for the current fiscal year.

In other Juno Lighting news, Director Richard Klausner sold 12,000 shares of the stock in a transaction dated 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 in the company, valued at approximately $34,473,187.29. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Hans Edgar Bishop sold 90,750 shares of the stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $46.42, for a total transaction of $4,212,615.00. Following the transaction, the chief executive officer now owns 2,704,609 shares in the company, valued at $125,547,949.78. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Juno Lighting stock. RS Investment Management Co. LLC raised its stake in Juno Lighting LLC (NASDAQ:JUNO) by 11.4% during the fourth quarter, according to its most recent filing with the SEC. 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 approximately 0.06% of Juno Lighting worth $2,824,000 as of its most recent filing with the SEC.

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