Juno Therapeutics, Inc. (JUNO) EVP Sells $577,607.50 in Stock
Juno Therapeutics, Inc. (NASDAQ:JUNO) EVP Robert Azelby sold 12,850 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $44.95, for a total transaction of $577,607.50. Following the sale, the executive vice president now directly owns 37,439 shares of the company’s stock, valued at approximately $1,682,883.05. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Robert Azelby also recently made the following trade(s):
- On Tuesday, August 29th, Robert Azelby sold 12,869 shares of Juno Therapeutics stock. The stock was sold at an average price of $39.95, for a total transaction of $514,116.55.
Juno Therapeutics, Inc. (JUNO) traded down 1.65% during mid-day trading on Thursday, reaching $44.57. 4,713,333 shares of the company traded hands. Juno Therapeutics, Inc. has a 12-month low of $17.52 and a 12-month high of $47.00. The company’s 50-day moving average is $33.60 and its 200-day moving average is $26.98. The stock’s market capitalization is $4.68 billion.
Juno Therapeutics (NASDAQ:JUNO) last posted its quarterly earnings data on Thursday, August 3rd. The biopharmaceutical company reported ($0.96) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.24). The firm had revenue of $21.30 million during the quarter, compared to the consensus estimate of $15.59 million. Juno Therapeutics had a negative return on equity of 27.10% and a negative net margin of 354.36%. Juno Therapeutics’s revenue for the quarter was down 22.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.64) EPS. Equities analysts predict that Juno Therapeutics, Inc. will post ($3.12) earnings per share for the current fiscal year.
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Several brokerages have recently commented on JUNO. Vetr raised shares of Juno Therapeutics from a “strong sell” rating to a “sell” rating and set a $25.50 price objective for the company in a research report on Monday, August 14th. Zacks Investment Research downgraded shares of Juno Therapeutics from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Morgan Stanley raised their price objective on shares of Juno Therapeutics from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Monday, August 7th. Wedbush reaffirmed a “neutral” rating and set a $24.00 price objective on shares of Juno Therapeutics in a research report on Tuesday, June 6th. Finally, BidaskClub downgraded shares of Juno Therapeutics from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. Juno Therapeutics has an average rating of “Hold” and an average target price of $34.88.
Institutional investors and hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its holdings in Juno Therapeutics by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 3,405 shares of the biopharmaceutical company’s stock worth $102,000 after purchasing an additional 228 shares in the last quarter. Pacad Investment Ltd. bought a new position in Juno Therapeutics in the second quarter worth $105,000. QS Investors LLC bought a new position in Juno Therapeutics in the second quarter worth $135,000. Great West Life Assurance Co. Can raised its holdings in Juno Therapeutics by 80.5% in the first quarter. Great West Life Assurance Co. Can now owns 8,518 shares of the biopharmaceutical company’s stock worth $189,000 after purchasing an additional 3,800 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in Juno Therapeutics in the first quarter worth $200,000. Institutional investors and hedge funds own 70.76% of the company’s stock.
About Juno Therapeutics
Juno Therapeutics, Inc (Juno) is a biopharmaceutical company, which is focused on developing cellular immunotherapies for the treatment of cancer. The Company is developing cell-based cancer immunotherapies based on its chimeric antigen receptor (CAR) and T cell receptor (TCR) technologies to genetically engineer T cells to recognize and kill cancer cells.
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