Juniper Networks Inc’s recent filing unveils that its EVP CFO Miller Kenneth Bradley unloaded Company’s shares for reported $1.47 million on Jul 02 ’24. In the deal valued at $36.67 per share,40,000 shares were sold. As a result of this transaction, Miller Kenneth Bradley now holds 84,776 shares worth roughly $3.03 million.
Then, Miller Kenneth Bradley sold 40,000 shares, generating $1,460,084 in total proceeds. Upon selling the shares at $36.50, the EVP CFO now owns 124,776 shares.
Before that, Miller Kenneth Bradley sold 28,669 shares. Juniper Networks Inc shares valued at $1,047,290 were divested by the EVP CFO at a price of $36.53 per share. As a result of the transaction, Miller Kenneth Bradley now holds 56,107 shares, worth roughly $2.0 million.
Argus downgraded its Juniper Networks Inc [JNPR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in early February from “an In-line” to “an Outperform”. Argus revised its rating on June 18, 2024. It rated JNPR as “a Buy” which previously was an “a Hold”.
Price Performance Review of JNPR
On Friday, Juniper Networks Inc [NYSE:JNPR] saw its stock fall -0.83% to $35.70. Over the last five days, the stock has gained 2.41%. Juniper Networks Inc shares have fallen nearly -4.67% since the year began. Nevertheless, the stocks have fallen -3.49% over the past one year. While a 52-week high of $39.79 was reached on 01/24/25, a 52-week low of $33.72 was recorded on 01/30/25. SMA at 50 days reached $37.14, while 200 days put it at $37.24.
Levels Of Support And Resistance For JNPR Stock
The 24-hour chart illustrates a support level at 35.58, which if violated will result in even more drops to 35.45. On the upside, there is a resistance level at 35.93. A further resistance level may holdings at 36.15. The Relative Strength Index (RSI) on the 14-day chart is 39.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.27%. Stochastics %K at 40.94% indicates the stock is a holding.
How much short interest is there in Juniper Networks Inc?
A steep rise in short interest was recorded in Juniper Networks Inc stocks on 2025-01-15, dropping by -0.24 million shares to a total of 11.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.36 million shares. There was a decline of -2.19%, which implies that there is a negative sentiment for the stock.
