676 institutions hold shares in Juniper Networks Inc. (JNPR), with 4.11M shares held by insiders accounting for 1.25% while institutional investors hold 97.48% of the company’s shares. The shares outstanding are 328.90M, and float is at 324.10M with Short Float at 7.21%. Institutions hold 96.26% of the Float.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The top institutional shareholder in the company is Dodge & Cox Inc with over 47.86 million shares valued at $1.03 billion. The investor’s holdings represent 14.51% of the JNPR Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 37.62 million shares valued at $808.9 million to account for 11.41% of the shares outstanding. The other top investors are Blackrock Inc. which holds 29.49 million shares representing 8.94% and valued at over $663.87 million, while State Street Corporation holds 4.57% of the shares totaling 15.08 million with a market value of $324.18 million.
Juniper Networks Inc. (NYSE: JNPR) is 6.49% higher on its value in year-to-date trading and has touched a low of $15.20 and a high of $27.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JNPR stock was last observed hovering at around $24.04 in the last trading session, with the day’s loss setting it -0.07% off its average median price target of $25.00 for the next 12 months. It is also 25.09% off the consensus price target high of $32.00 offered by 22 analysts, but current levels are -33.17% lower than the price target low of $18.00 for the same period.
Currently trading at $23.97, the stock is -4.48% and 0.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.77 million and changing -0.29% at the moment leaves the stock 3.22% off its SMA200. JNPR registered -1.44% loss for a year compared to 6-month gain of 0.63%. The firm has a 50-day simple moving average (SMA 50) of $24.62 and a 200-day simple moving average (SMA200) of $23.01.
The stock witnessed a -4.46% loss in the last 1 month and extending the period to 3 months gives it a 7.92%, and is -6.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 3.28% over the month.
Juniper Networks Inc. (JNPR) has around 9950 employees, a market worth around $7.89B and $4.45B in sales. Current P/E ratio is 31.09 and Fwd P/E is 13.05. Profit margin for the company is 5.80%. Distance from 52-week low is 57.70% and -13.87% from its 52-week high. The company has generated returns on investments over the last 12 months (4.40%).
Juniper Networks Inc. (JNPR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Juniper Networks Inc. (JNPR) is a “Hold”. 22 analysts offering their recommendations for the stock have an average rating of 2.90, where 12 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Juniper Networks Inc. is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $1.06B over the same period.The EPS is expected to shrink by -22.40% this year, but quarterly earnings will post 3.60% year-over-year. Quarterly sales are estimated to grow 5.80% in year-over-year returns.
Juniper Networks Inc. (JNPR) Insider Activity
A total of 17 insider transactions have happened at Juniper Networks Inc. (JNPR) in the last six months, with sales accounting for 10 and purchases happening 7 times. The most recent transaction is an insider sale by STENSRUD WILLIAM, the company’s Director. SEC filings show that STENSRUD WILLIAM sold 10,000 shares of the company’s common stock on Feb 08 at a price of $24.75 per share for a total of $0.25 million. Following the sale, the insider now owns 0.14 million shares.
Juniper Networks Inc. disclosed in a document filed with the SEC on Nov 25 that STENSRUD WILLIAM (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 25 and was made at $22.06 per share for $0.22 million. Following the transaction, the insider now directly holds 0.15 million shares of the JNPR stock.
Still, SEC filings show that on Aug 13, rahim rami (Chief Executive Officer) disposed off 1,600 shares at an average price of $25.06 for $40101.0. The insider now directly holds 735,039 shares of Juniper Networks Inc. (JNPR).
Juniper Networks Inc. (JNPR): Who are the competitors?
The company’s main competitors (and peers) include HP Inc. (HPQ) that is trading 19.70% up over the past 12 months. Short interest in the company’s stock has fallen -3.94% from the last report on Dec 30, 2020 to stand at a total of 24.28 million short shares sold with a short interest ratio of 4.11.