Juniper Networks Inc (NYSE: JNPR) is 19.00% higher on its value in year-to-date trading and has touched a low of $26.66 and a high of $39.79 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 $35.61 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $35.08, the stock is -8.72% and -9.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.83 million and changing -1.49% at the moment leaves the stock -5.72% off its SMA200. JNPR registered 29.97% gain for a year compared to 6-month gain of 1.53%. The firm has a 50-day simple moving average (SMA 50) of $38.769 and a 200-day simple moving average (SMA200) of $37.2167.
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The stock witnessed a -10.65% loss in the last 1 month and extending the period to 3 months gives it a -10.05%, and is -8.95% 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 3.33% over the week and 1.22% over the month.
Juniper Networks Inc (JNPR) has around 11144 employees, a market worth around $11.61B and $5.03B in sales. Current P/E ratio is 46.24 and Fwd P/E is 18.09. Profit margin for the company is 4.97%. Distance from 52-week low is 31.61% and -11.84% from its 52-week high. The company has generated returns on investments over the last 12 months (3.91%).
with sales reaching $1.38B over the same period.The EPS is expected to shrink by -27.45% this year, but quarterly earnings will post -9.03% year-over-year. Quarterly sales are estimated to grow 0.98% in year-over-year returns.
Juniper Networks Inc (JNPR) Top Institutional Holders
838.0 institutions hold shares in Juniper Networks Inc (JNPR), with institutional investors hold 88.02% of the company’s shares. The shares outstanding are 331.09M, and float is at 327.03M with Short Float at 3.03%. Institutions hold 86.92% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 41.45 million shares valued at $1.51 billion. The investor’s holdings represent 12.8474% of the JNPR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 34.32 million shares valued at $1.25 billion to account for 10.638 of the shares outstanding. The other top investors are DODGE & COX which holds 34.21 million shares representing 10.6053% and valued at over $1.25 billion, while STATE STREET CORP holds 4.7069 of the shares totaling 15.18 million with a market value of $553.62 million.
Juniper Networks Inc (JNPR) Insider Activity
The most recent transaction is an insider sale by Miller Kenneth Bradley, the company’s EVP CFO. SEC filings show that Miller Kenneth Bradley sold 40,000 shares of the company’s common stock on Jul 02 ’24 at a price of $36.67 per share for a total of $1.47 million. Following the sale, the insider now owns 84776.0 shares.
Juniper Networks Inc disclosed in a document filed with the SEC on Jul 01 ’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 01 ’24 and was made at $36.50 per share for $1.46 million. Following the transaction, the insider now directly holds 0.12 million shares of the JNPR stock.
Still, SEC filings show that on Jul 03 ’24, Miller Kenneth Bradley (EVP CFO) disposed off 28,669 shares at an average price of $36.53 for $1.05 million. The insider now directly holds 56,107 shares of Juniper Networks Inc (JNPR).
