Juniper Networks, Inc. (NYSE:JNPR) CEO Rami Rahim sold 16,100 shares of Juniper Networks stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $26.24, for a total transaction of $422,464.00. Following the completion of the transaction, the chief executive officer now directly owns 469,607 shares of the company’s stock, valued at approximately $12,322,487.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Rami Rahim also recently made the following trade(s):

  • On Tuesday, November 14th, Rami Rahim sold 5,400 shares of Juniper Networks stock. The shares were sold at an average price of $26.35, for a total transaction of $142,290.00.
  • On Tuesday, August 29th, Rami Rahim sold 5,400 shares of Juniper Networks stock. The shares were sold at an average price of $27.34, for a total transaction of $147,636.00.
  • On Monday, August 28th, Rami Rahim sold 5,300 shares of Juniper Networks stock. The shares were sold at an average price of $27.47, for a total transaction of $145,591.00.
  • On Wednesday, August 30th, Rami Rahim sold 16,000 shares of Juniper Networks stock. The shares were sold at an average price of $27.43, for a total transaction of $438,880.00.

Shares of Juniper Networks, Inc. (NYSE JNPR) traded up $0.11 during trading on Friday, hitting $26.30. 4,505,621 shares of the company traded hands, compared to its average volume of 4,978,304. The company has a market cap of $9,870.00, a price-to-earnings ratio of 14.52, a PEG ratio of 2.10 and a beta of 1.05. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.41. Juniper Networks, Inc. has a 12 month low of $23.87 and a 12 month high of $30.96.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.03). The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.26 billion. Juniper Networks had a net margin of 12.77% and a return on equity of 13.81%. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. equities research analysts predict that Juniper Networks, Inc. will post 1.7 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Thursday, November 30th. Juniper Networks’s dividend payout ratio (DPR) is presently 23.95%.

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Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Juniper Networks by 6.4% during the 2nd quarter. Vanguard Group Inc. now owns 38,434,820 shares of the network equipment provider’s stock valued at $1,071,564,000 after purchasing an additional 2,314,683 shares during the last quarter. Dodge & Cox grew its holdings in Juniper Networks by 0.4% during the 2nd quarter. Dodge & Cox now owns 17,690,957 shares of the network equipment provider’s stock worth $493,224,000 after acquiring an additional 74,877 shares during the last quarter. Diamond Hill Capital Management Inc. grew its holdings in Juniper Networks by 12.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 12,764,160 shares of the network equipment provider’s stock worth $355,227,000 after acquiring an additional 1,386,036 shares during the last quarter. First Trust Advisors LP grew its holdings in Juniper Networks by 1.3% during the 3rd quarter. First Trust Advisors LP now owns 7,215,837 shares of the network equipment provider’s stock worth $200,817,000 after acquiring an additional 91,809 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Juniper Networks by 25.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,784,158 shares of the network equipment provider’s stock worth $188,804,000 after acquiring an additional 1,375,394 shares during the last quarter. 93.32% of the stock is currently owned by institutional investors.

Several analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Juniper Networks in a report on Tuesday. They set a “market perform” rating and a $25.00 target price for the company. Cowen and Company reaffirmed a “hold” rating and set a $28.00 target price on shares of Juniper Networks in a report on Friday, October 27th. William Blair reaffirmed a “hold” rating on shares of Juniper Networks in a report on Wednesday, October 25th. Citigroup Inc. reduced their target price on shares of Juniper Networks from $28.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 25th. Finally, Barclays PLC reduced their target price on shares of Juniper Networks from $32.00 to $28.00 and set an “equal weight” rating for the company in a report on Wednesday, October 25th. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $29.42.

About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

Insider Buying and Selling by Quarter for Juniper Networks (NYSE:JNPR)

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