Shares of Juno Lighting LLC (NASDAQ:JUNO) were down 5% during trading on Wednesday . The company traded as low as $28.52 and last traded at $29.94, with a volume of 1,495,561 shares trading hands. The stock had previously closed at $31.53.

A number of analysts have recently commented on JUNO shares. FBR & Co reissued a “buy” rating on shares of Juno Lighting in a research note on Saturday, July 9th. Maxim Group reissued a “buy” rating and set a $80.00 price target on shares of Juno Lighting in a research note on Sunday, July 10th. Cowen and Company reissued a “buy” rating and set a $55.00 price target on shares of Juno Lighting in a research note on Sunday, July 10th. Vetr lowered Juno Lighting from a “strong-buy” rating to a “buy” rating and set a $53.00 price target on the stock. in a research note on Monday, June 6th. Finally, Leerink Swann reissued a “buy” rating and set a $86.00 price target on shares of Juno Lighting in a research note on Thursday, July 14th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $49.00.

The stock’s 50-day moving average is $31.16 and its 200 day moving average is $37.70. The firm’s market cap is $3.01 billion.

Juno Lighting (NASDAQ:JUNO) last released its quarterly earnings results on Thursday, August 4th. The biopharmaceutical company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.23. The firm had revenue of $27.60 million for the quarter, compared to analyst estimates of $14.26 million. Juno Lighting’s revenue was up 121.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.35) EPS. On average, equities research analysts anticipate that Juno Lighting LLC will post ($2.38) EPS for the current year.

In related news, CEO Hans Edgar Bishop sold 90,750 shares of the company’s stock in a transaction that occurred on Thursday, June 9th. The shares were 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 of the company’s stock, valued at $125,547,949.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steve Harr sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $43.32, for a total transaction of $1,299,600.00. Following the transaction, the chief financial officer now directly owns 716,052 shares in the company, valued at approximately $31,019,372.64. 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 boosted its stake in shares of Juno Lighting LLC (NASDAQ:JUNO) by 11.4% during the fourth quarter, according to its most recent filing 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 approximately 0.06% of Juno Lighting worth $2,824,000 as of its most recent SEC filing.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.