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Juniper Networks Inc (JNPR) Stock Could Soon Reward Patient Investors

Juniper Networks Inc (NYSE: JNPR) is 26.12% higher on its value in year-to-date trading and has touched a low of $24.87 and a high of $38.04 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 $37.25 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $37.18, the stock is 1.29% and 4.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing -0.19% at the moment leaves the stock 11.08% off its SMA200. JNPR registered 23.89% gain for a year compared to 6-month loss of -0.77%.

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The stock witnessed a 4.17% gain in the last 1 month and extending the period to 3 months gives it a 2.96%, and is -0.27% 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 0.71% over the week and 0.88% over the month.

Juniper Networks Inc (JNPR) has around 11144 employees, a market worth around $12.08B and $5.34B in sales. Current P/E ratio is 53.86 and Fwd P/E is 16.74. Profit margin for the company is 4.19%. Distance from 52-week low is 49.50% and -2.26% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).

The EPS is expected to shrink by -15.98% this year.

Juniper Networks Inc (JNPR) Top Institutional Holders

The shares outstanding are 324.99M, and float is at 320.97M with Short Float at 3.70%.

Juniper Networks Inc (JNPR) Insider Activity

The most recent transaction is an insider sale by Miller Kenneth Bradley,the company’sEVP CFO. SEC filings show that Miller Kenneth Bradley sold 28,669 shares of the company’s common stock on Jul 03 ’24 at a price of $36.53 per share for a total of $1.05 million. Following the sale, the insider now owns 56107.0 shares.

Juniper Networks Inc disclosed in a document filed with the SEC on Jul 02 ’24 that Miller Kenneth Bradley (EVP CFO) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $36.67 per share for $1.47 million. Following the transaction, the insider now directly holds 84776.0 shares of the JNPR stock.

Still, SEC filings show that on Jul 01 ’24, Miller Kenneth Bradley (EVP CFO) disposed off 40,000 shares at an average price of $36.50 for $1.46 million. The insider now directly holds 124,776 shares of Juniper Networks Inc (JNPR).

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