Juniper Networks (JNPR) has been under a strong bear grip, hence the stock is down -4.64% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.35% in the past 1 week. The stock has risen by 1.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.47% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 1.29%.
Juniper Networks (NYSE:JNPR): The stock opened at $23.18 on Friday but the bulls could not build on the opening and the stock topped out at $23.20 for the day. The stock traded down to $22.92 during the day, due to lack of any buying support eventually closed down at $23.08 with a loss of -0.04% for the day. The stock had closed at $23.09 on the previous day. The total traded volume was 2,050,568 shares.
The company Insiders own 3.4% of Juniper Networks shares according to the proxy statements. Institutional Investors own 90.21% of Juniper Networks shares. In a related news, Spidell Terrance F, officer (Corp VP Corp Controller & CAO) of Juniper Networks Inc, unloaded 2,555 shares at an average price of $23.56 on April 26, 2016. The total amount of the transaction was worth $60,196, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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 more than 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Company sells its network products and service offerings across routing, switching and security. In addition to its products, the Company offers its customers worldwide services, including technical support, professional services, education and training programs. The Companys routing products include ACX Series, MX Series, M Series, PTX Series and T Series. Its switching products include EX Series and QFX Series. The Companys security products include SRX Series Services Gateways for the data center and SRX Series Gateways for the campus and branch. Its Junos Platform includes a range of products, such as Junos OS, Junos Space and Contrail.