Juniper Networks, Inc. (NYSE:JNPR) EVP Vincent Molinaro sold 5,031 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $30.00, for a total value of $150,930.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Juniper Networks, Inc. (JNPR) traded down 0.89% during trading on Thursday, hitting $27.81. 8,122,346 shares of the company were exchanged. The company’s 50-day moving average price is $28.75 and its 200 day moving average price is $28.53. Juniper Networks, Inc. has a 12 month low of $22.12 and a 12 month high of $30.96. The stock has a market cap of $10.63 billion, a P/E ratio of 17.59 and a beta of 1.08.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. Juniper Networks had a net margin of 12.66% and a return on equity of 14.25%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities analysts predict that Juniper Networks, Inc. will post $2.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.44%. The ex-dividend date is Wednesday, August 30th. Juniper Networks’s dividend payout ratio (DPR) is 23.39%.

TRADEMARK VIOLATION WARNING: “Vincent Molinaro Sells 5,031 Shares of Juniper Networks, Inc. (JNPR) Stock” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/07/27/vincent-molinaro-sells-5031-shares-of-juniper-networks-inc-jnpr-stock.html.

A number of brokerages have issued reports on JNPR. Instinet reissued a “buy” rating and issued a $33.00 target price on shares of Juniper Networks in a research report on Thursday, April 6th. Berenberg Bank began coverage on Juniper Networks in a research report on Tuesday, April 4th. They issued a “buy” rating and a $35.00 target price on the stock. Drexel Hamilton reissued a “buy” rating and issued a $37.00 target price on shares of Juniper Networks in a research report on Thursday, July 20th. TheStreet raised Juniper Networks from a “c+” rating to a “b” rating in a research report on Monday. Finally, Cowen and Company boosted their target price on Juniper Networks from $30.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $30.40.

A number of large investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue purchased a new stake in Juniper Networks during the first quarter valued at about $423,000. NN Investment Partners Holdings N.V. increased its stake in Juniper Networks by 47.3% in the second quarter. NN Investment Partners Holdings N.V. now owns 474,851 shares of the network equipment provider’s stock valued at $13,239,000 after buying an additional 152,412 shares during the period. Fox Run Management L.L.C. purchased a new stake in Juniper Networks during the second quarter valued at about $719,000. Oregon Public Employees Retirement Fund increased its stake in Juniper Networks by 2.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 102,505 shares of the network equipment provider’s stock valued at $2,858,000 after buying an additional 2,400 shares during the period. Finally, Norinchukin Bank The increased its stake in Juniper Networks by 7.6% in the first quarter. Norinchukin Bank The now owns 24,823 shares of the network equipment provider’s stock valued at $691,000 after buying an additional 1,751 shares during the last quarter. 89.61% of the stock is currently owned by hedge funds and other institutional investors.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

Insider Buying and Selling by Quarter for Juniper Networks (NYSE:JNPR)

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 MarketBeat.com's FREE daily email newsletter.