Juniper Networks, Inc. (NYSE:JNPR) CEO Rami Rahim sold 5,400 shares of Juniper Networks stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $26.35, for a total value of $142,290.00. Following the sale, the chief executive officer now directly owns 469,607 shares in the company, valued at approximately $12,374,144.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Thursday, November 16th, Rami Rahim sold 16,100 shares of Juniper Networks stock. The shares were sold at an average price of $26.24, for a total value of $422,464.00.
  • 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 value 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 value 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 value of $438,880.00.

Shares of Juniper Networks, Inc. (NYSE:JNPR) traded up $0.11 during mid-day trading on Friday, hitting $26.30. The company’s stock had a trading volume of 4,504,588 shares, compared to its average volume of 4,978,304. Juniper Networks, Inc. has a twelve month low of $23.87 and a twelve month high of $30.96. The stock has a market cap of $9,870.00, a PE ratio of 14.52, a price-to-earnings-growth 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 (NYSE:JNPR) last issued its earnings results on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.03). Juniper Networks had a return on equity of 12.98% and a net margin of 13.17%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the prior year, the company posted $0.58 earnings per share. Juniper Networks’s quarterly revenue was down 2.1% compared to the same quarter last year. analysts forecast that Juniper Networks, Inc. will post 1.7 EPS for the current fiscal year.

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

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JNPR has been the topic of several recent analyst reports. Raymond James Financial, Inc. raised Juniper Networks from a “market perform” rating to an “outperform” rating and set a $34.00 target price on the stock in a research note on Friday, July 21st. Robert W. Baird set a $30.00 price objective on Juniper Networks and gave the stock a “hold” rating in a research note on Wednesday, July 26th. UBS AG reaffirmed a “neutral” rating and issued a $30.00 price objective (up previously from $28.00) on shares of Juniper Networks in a research note on Wednesday, July 26th. TheStreet raised Juniper Networks from a “c+” rating to a “b” rating in a research note on Monday, July 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Juniper Networks in a research note on Thursday, July 27th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $29.42.

Several institutional investors and hedge funds have recently added to or reduced their stakes in JNPR. Fuller & Thaler Asset Management Inc. bought a new position in shares of Juniper Networks in the 3rd quarter worth $111,000. Creative Planning raised its position in shares of Juniper Networks by 0.4% in the 2nd quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock worth $131,000 after acquiring an additional 21 shares in the last quarter. Acrospire Investment Management LLC raised its position in shares of Juniper Networks by 4.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 4,890 shares of the network equipment provider’s stock worth $136,000 after acquiring an additional 201 shares in the last quarter. Stevens First Principles Investment Advisors raised its position in shares of Juniper Networks by 40.9% in the 3rd quarter. Stevens First Principles Investment Advisors now owns 7,045 shares of the network equipment provider’s stock worth $196,000 after acquiring an additional 2,045 shares in the last quarter. Finally, Petrus Trust Company LTA bought a new position in shares of Juniper Networks in the 2nd quarter worth $204,000. 93.32% of the stock is owned by hedge funds and other institutional investors.

Juniper Networks Company Profile

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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