In today’s session Juniper Networks, Inc. (JNPR) registered an unusually high (2,100) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious JNPR increase. With 2,100 contracts traded and 6614 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: JNPR161216C00026000 closed last at: $0.6 or 35.5% down. About 691,707 shares traded hands. Juniper Networks, Inc. (NYSE:JNPR) has declined 1.31% since April 5, 2016 and is downtrending. It has underperformed by 3.26% the S&P500.
Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage
Out of 18 analysts covering Juniper Networks Inc. (NYSE:JNPR), 7 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 39% are positive. $36 is the highest target while $22 is the lowest. The $30.09 average target is 18.23% above today’s ($25.45) stock price. Juniper Networks Inc. has been the topic of 32 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by Oppenheimer on Saturday, September 5 with “Outperform”. On Friday, July 24 the stock rating was upgraded by M Partners to “Neutral”. William Blair downgraded Juniper Networks, Inc. (NYSE:JNPR) on Monday, May 23 to “Market Perform” rating. The firm has “Buy” rating by Drexel Hamilton given on Friday, October 9. Standpoint Research upgraded Juniper Networks, Inc. (NYSE:JNPR) on Monday, January 18 to “Buy” rating. The company was downgraded on Wednesday, July 6 by Deutsche Bank. The firm has “Buy” rating by Cantor Fitzgerald given on Friday, July 24. Citigroup initiated Juniper Networks, Inc. (NYSE:JNPR) rating on Tuesday, October 6. Citigroup has “Neutral” rating and $29 price target. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Underweight” rating by Morgan Stanley on Tuesday, November 1. The company was maintained on Tuesday, April 12 by Robert W. Baird.
According to Zacks Investment Research, “Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.”
Insitutional Activity: The institutional sentiment decreased to 0.67 in 2016 Q2. Its down 0.19, from 0.86 in 2016Q1. The ratio is negative, as 72 funds sold all Juniper Networks, Inc. shares owned while 159 reduced positions. 38 funds bought stakes while 116 increased positions. They now own 323.27 million shares or 6.47% less from 345.64 million shares in 2016Q1.
Td Asset Management has 0.01% invested in the company for 154,755 shares. Pinebridge Invests Limited Partnership has 0.04% invested in the company for 30,844 shares. Blackrock Fund accumulated 0.03% or 6.31M shares. Mutual Of America Mgmt Ltd Liability last reported 41,491 shares in the company. Herndon Cap Mgmt Limited last reported 0% of its portfolio in the stock. The Maryland-based Calvert Invest Mngmt Inc has invested 0.02% in Juniper Networks, Inc. (NYSE:JNPR). Aqr Cap Management Ltd Limited Liability Company holds 0.11% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 2.82 million shares. Vanguard Group last reported 32.52 million shares in the company. Moreover, Magnetar Limited Liability Co has 0.01% invested in Juniper Networks, Inc. (NYSE:JNPR) for 28,732 shares. Numeric Invsts Ltd Liability Co accumulated 0.01% or 45,700 shares. Credit Agricole S A has invested 0.06% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Lmr Partners Limited Liability Partnership owns 33,060 shares or 0.12% of their US portfolio. Gam Ag owns 51,320 shares or 0.02% of their US portfolio. Stifel Fincl has 74,362 shares for 0.01% of their US portfolio. Capstone Asset owns 37,730 shares or 0.03% of their US portfolio.
Insider Transactions: Since July 26, 2016, the stock had 0 insider purchases, and 6 sales for $20.43 million net activity. $1.24 million worth of Juniper Networks, Inc. (NYSE:JNPR) was sold by Molinaro Vincent on Wednesday, October 26. Another trade for 54,870 shares valued at $1.28 million was sold by Davidson Jonathan. 10,000 Juniper Networks, Inc. (NYSE:JNPR) shares with value of $234,325 were sold by DENUCCIO KEVIN A. The insider SPIDELL TERRANCE F sold $3,283. 750,000 shares were sold by KRIENS SCOTT, worth $17.60 million.
Juniper Networks, Inc. designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The company has a market cap of $9.48 billion. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa , and Asia Pacific (APAC). It has a 16.44 P/E ratio. It sells its high-performance network products and service offerings across routing, switching and security.
JNPR Company Profile
Juniper Networks, Inc. (Juniper Networks), incorporated on September 10, 1997, designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Firm sells its high-performance network products and service offerings across routing, switching and security. The Company’s products address network requirements for global service providers, cloud environments, enterprises, governments, and research and public sector organizations. In addition to its products, the Company offers its clients across the world services, including technical support, professional services, education and training programs.
More news for Juniper Networks, Inc. (NYSE:JNPR) were recently published by: Fool.com, which released: “Why Juniper Networks, Inc. Stock Soared Today” on October 26, 2016. Marketwatch.com‘s article titled: “Juniper Networks shares jump 10% on outlook” and published on October 25, 2016 is yet another important article.
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