Share on StockTwits

Juniper Networks (NYSE:JNPR) EVP Pradeep Sindhu sold 55,000 shares of Juniper Networks stock on the open market in a transaction dated Thursday, August 21st. The stock was sold at an average price of $23.94, for a total transaction of $1,316,700.00. Following the completion of the sale, the executive vice president now directly owns 1,762,214 shares in the company, valued at approximately $42,187,403. The sale was disclosed in a document filed with the SEC, which is available at this link.

Juniper Networks (NYSE:JNPR) traded up 0.25% on Friday, hitting $24.05. 4,155,837 shares of the company’s stock traded hands. Juniper Networks has a 1-year low of $18.36 and a 1-year high of $28.75. The stock has a 50-day moving average of $23.70 and a 200-day moving average of $25.03. The company has a market cap of $10.851 billion and a P/E ratio of 20.57.

Juniper Networks (NYSE:JNPR) last released its earnings data on Tuesday, July 22nd. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $0.02. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Juniper Networks will post $1.51 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 23rd. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Thursday, August 28th.

JNPR has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Juniper Networks from an “outperform” rating to an “underperform” rating in a research note on Friday. They now have a $22.00 price target on the stock. Separately, analysts at Bernstein upgraded shares of Juniper Networks from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. They now have a $30.00 price target on the stock. Finally, analysts at Sanford C. Bernstein upgraded shares of Juniper Networks from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. They now have a $30.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $27.08.

Juniper Networks, Inc (NYSE:JNPR) designs, develops, and sells products and services that together provide its customers with network infrastructure.

Receive News & Ratings for Juniper Networks Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Juniper Networks Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.