Juno Therapeutics Inc (JUNO) Director Richard Klausner Sells 12,724 Shares

Juno Therapeutics Inc (NASDAQ:JUNO) Director Richard Klausner sold 12,724 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $48.21, for a total transaction of $613,424.04. Following the completion of the sale, the director now owns 741,499 shares in the company, valued at approximately $35,747,666.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Richard Klausner also recently made the following trade(s):

  • On Thursday, December 21st, Richard Klausner sold 36,000 shares of Juno Therapeutics stock. The stock was sold at an average price of $44.76, for a total transaction of $1,611,360.00.

Shares of Juno Therapeutics Inc (JUNO) opened at $49.21 on Wednesday. Juno Therapeutics Inc has a fifty-two week low of $18.90 and a fifty-two week high of $63.45. The company has a current ratio of 4.77, a quick ratio of 4.77 and a debt-to-equity ratio of 0.01. The company has a market cap of $5,620.00, a P/E ratio of -14.52 and a beta of 2.32.

Juno Therapeutics (NASDAQ:JUNO) last posted its quarterly earnings results on Wednesday, November 1st. The biopharmaceutical company reported ($0.73) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.80) by $0.07. Juno Therapeutics had a negative net margin of 332.05% and a negative return on equity of 32.54%. The firm had revenue of $44.80 million for the quarter, compared to analysts’ expectations of $18.12 million. During the same quarter in the prior year, the company posted ($0.57) earnings per share. The business’s revenue for the quarter was up 115.4% on a year-over-year basis. sell-side analysts forecast that Juno Therapeutics Inc will post -4.02 EPS for the current year.

Large investors have recently bought and sold shares of the company. Advisor Group Inc. grew its holdings in shares of Juno Therapeutics by 141.1% during the third quarter. Advisor Group Inc. now owns 2,459 shares of the biopharmaceutical company’s stock valued at $109,000 after buying an additional 1,439 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Juno Therapeutics by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 3,405 shares of the biopharmaceutical company’s stock valued at $102,000 after buying an additional 228 shares during the last quarter. Pacad Investment Ltd. purchased a new stake in shares of Juno Therapeutics during the second quarter valued at approximately $105,000. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Juno Therapeutics by 27,376.9% during the third quarter. Bronfman E.L. Rothschild L.P. now owns 3,572 shares of the biopharmaceutical company’s stock valued at $160,000 after buying an additional 3,559 shares during the last quarter. Finally, QS Investors LLC purchased a new stake in shares of Juno Therapeutics during the second quarter valued at approximately $135,000. Hedge funds and other institutional investors own 69.94% of the company’s stock.

A number of equities research analysts have weighed in on the stock. Needham & Company LLC assumed coverage on shares of Juno Therapeutics in a report on Friday, January 5th. They issued a “buy” rating and a $65.00 price objective on the stock. Maxim Group set a $56.00 price objective on shares of Juno Therapeutics and gave the stock a “buy” rating in a report on Wednesday, December 13th. Raymond James Financial restated a “buy” rating on shares of Juno Therapeutics in a report on Monday, December 11th. Wells Fargo & Co cut shares of Juno Therapeutics from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 12th. Finally, Zacks Investment Research cut shares of Juno Therapeutics from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. Juno Therapeutics presently has a consensus rating of “Hold” and a consensus target price of $46.70.

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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.

Insider Buying and Selling by Quarter for Juno Therapeutics (NASDAQ:JUNO)

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