Some Traders See Unusual Bullish Options Activity in Juniper Networks, Inc.

 Some Traders See Unusual Bullish Options Activity in Juniper Networks, Inc.

In today’s session Juniper Networks, Inc. (JNPR) registered an unusually high (1,118) 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 1,118 contracts traded and 85704 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: JNPR161216C00027000 closed last at: $0.32 or 5.9% down. About 90,153 shares traded hands. Juniper Networks, Inc. (NYSE:JNPR) has risen 11.12% since April 22, 2016 and is uptrending. It has outperformed by 5.71% the S&P500.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on January, 25. They expect $0.51 earnings per share, down 1.92% or $0.01 from last year’s $0.52 per share. JNPR’s profit will be $194.30 million for 12.89 P/E if the $0.51 EPS becomes a reality. After $0.47 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 8.51% EPS growth.

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 $30.08 average target is 14.37% above today’s ($26.3) stock price. Juniper Networks Inc. has been the topic of 34 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, November 16 report. The stock has “Hold” rating given by Deutsche Bank on Wednesday, July 6. The rating was downgraded by Bernstein to “Mkt Perform” on Tuesday, January 5. The company was upgraded on Monday, October 5 by Stifel Nicolaus. UBS downgraded Juniper Networks, Inc. (NYSE:JNPR) on Tuesday, April 12 to “Neutral” rating. The firm has “Neutral” rating by Citigroup given on Tuesday, October 6. Cantor Fitzgerald maintained the shares of JNPR in a report on Friday, July 24 with “Buy” rating. The firm has “Outperform” rating given on Saturday, September 5 by Oppenheimer. Stifel Nicolaus reinitiated the shares of JNPR in a report on Friday, November 18 with “Buy” rating. The rating was maintained by UBS with “Buy” on Friday, October 23.

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 increased to 1.18 in 2016 Q2. Its up 0.51, from 0.67 in 2016Q1. The ratio increased, 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.
Fukoku Mutual Life Ins has 0.02% invested in the company for 4,300 shares. Glob Investors owns 35.78 million shares or 0.28% of their US portfolio. Hsbc Hldg Public Ltd Company has 0.02% invested in the company for 326,642 shares. Babson Ltd has 15,337 shares for 0.01% of their US portfolio. Amica Retiree Med reported 3,397 shares or 0.06% of all its holdings. Proshare Lc reported 57,952 shares or 0.02% of all its holdings. Jpmorgan Chase And Company owns 2.94M shares or 0.02% of their US portfolio. Meiji Yasuda Asset Mgmt Com owns 16,192 shares or 0.05% of their US portfolio. Cap Fund Management accumulated 9,649 shares or 0% of the stock. Strs Ohio, a Ohio-based fund reported 59,493 shares. Alpine Woods holds 0.05% or 39,000 shares in its portfolio. Teachers reported 1.34 million shares or 0.05% of all its holdings. Bluemountain Management Ltd, a New York-based fund reported 19,915 shares. The Ohio-based Gateway Inv Advisers Limited Liability Corporation has invested 0% in Juniper Networks, Inc. (NYSE:JNPR). Fuller Thaler Asset holds 12,400 shares or 0% of its portfolio.

Insider Transactions: Since July 26, 2016, the stock had 0 buys, and 12 insider sales for $30.03 million net activity. $510,000 worth of Juniper Networks, Inc. (NYSE:JNPR) shares were sold by STENSRUD WILLIAM. SINDHU PRADEEP also sold $2.03M worth of Juniper Networks, Inc. (NYSE:JNPR) on Monday, November 21. 148 Juniper Networks, Inc. (NYSE:JNPR) shares with value of $3,283 were sold by SPIDELL TERRANCE F. DENUCCIO KEVIN A sold 10,000 shares worth $234,325. On Tuesday, October 25 Davidson Jonathan sold $1.28M worth of the stock or 54,870 shares. KRIENS SCOTT also sold $17.60M worth of Juniper Networks, Inc. (NYSE:JNPR) on Tuesday, August 23. 47,859 Juniper Networks, Inc. (NYSE:JNPR) shares with value of $1.24 million were sold by Molinaro Vincent.

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 $10.02 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 16.99 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.

Another recent and important Juniper Networks, Inc. (NYSE:JNPR) news was published by Fool.com which published an article titled: “Why Juniper Networks, Inc. Stock Soared Today” on October 26, 2016.

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