Rami Rahim Sells 5,556 Shares of Juniper Networks, Inc. (NYSE:JNPR) Stock

Juniper Networks, Inc. (NYSE:JNPRGet Free Report) CEO Rami Rahim sold 5,556 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $36.91, for a total transaction of $205,071.96. Following the completion of the transaction, the chief executive officer now directly owns 840,518 shares of the company’s stock, valued at $31,023,519.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Wednesday, February 7th, Rami Rahim sold 5,556 shares of Juniper Networks stock. The stock was sold at an average price of $37.10, for a total transaction of $206,127.60.
  • On Thursday, January 4th, Rami Rahim sold 5,556 shares of Juniper Networks stock. The shares were sold at an average price of $29.96, for a total transaction of $166,457.76.
  • On Tuesday, January 2nd, Rami Rahim sold 5,556 shares of Juniper Networks stock. The shares were sold at an average price of $29.29, for a total transaction of $162,735.24.
  • On Wednesday, December 6th, Rami Rahim sold 5,556 shares of Juniper Networks stock. The shares were sold at an average price of $28.91, for a total transaction of $160,623.96.
  • On Monday, December 4th, Rami Rahim sold 5,556 shares of Juniper Networks stock. The shares were sold at an average price of $28.77, for a total transaction of $159,846.12.

Juniper Networks Trading Down 0.2 %

Shares of JNPR stock opened at $36.95 on Friday. Juniper Networks, Inc. has a 12-month low of $24.87 and a 12-month high of $38.04. The company has a current ratio of 1.80, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average is $32.97 and its 200 day moving average is $29.43. The stock has a market capitalization of $11.78 billion, a P/E ratio of 38.89, a P/E/G ratio of 2.64 and a beta of 0.99.

Juniper Networks (NYSE:JNPRGet Free Report) last released its quarterly earnings results on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Juniper Networks had a return on equity of 11.72% and a net margin of 5.57%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.41 billion. Research analysts expect that Juniper Networks, Inc. will post 1.41 earnings per share for the current year.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Friday, March 1st will be given a $0.22 dividend. The ex-dividend date is Thursday, February 29th. This represents a $0.88 annualized dividend and a yield of 2.38%. Juniper Networks’s payout ratio is presently 92.63%.

Analyst Ratings Changes

A number of brokerages have weighed in on JNPR. KeyCorp reaffirmed a “sector weight” rating on shares of Juniper Networks in a research note on Thursday, January 11th. Barclays reiterated an “equal weight” rating on shares of Juniper Networks in a report on Wednesday, January 10th. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report on Wednesday, January 10th. UBS Group cut their price target on shares of Juniper Networks from $34.00 to $28.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Finally, StockNews.com assumed coverage on shares of Juniper Networks in a report on Monday. They set a “hold” rating on the stock. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Juniper Networks currently has a consensus rating of “Hold” and a consensus target price of $34.58.

View Our Latest Report on Juniper Networks

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Halpern Financial Inc. bought a new stake in shares of Juniper Networks during the 2nd quarter valued at $25,000. GAMMA Investing LLC bought a new stake in shares of Juniper Networks during the 4th quarter valued at $28,000. Hartford Financial Management Inc. raised its position in shares of Juniper Networks by 51.3% during the 4th quarter. Hartford Financial Management Inc. now owns 973 shares of the network equipment provider’s stock valued at $29,000 after purchasing an additional 330 shares during the period. Ronald Blue Trust Inc. raised its position in shares of Juniper Networks by 74.1% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,071 shares of the network equipment provider’s stock valued at $30,000 after purchasing an additional 456 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Juniper Networks by 92.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 974 shares of the network equipment provider’s stock valued at $31,000 after purchasing an additional 467 shares during the period. 87.79% of the stock is currently owned by institutional investors.

About Juniper Networks

(Get Free Report)

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.

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