Hedge Funds Are Crazy About Juniper Networks, Inc. (NYSE:JNPR)

Is Juniper Networks, Inc. (NYSE:JNPR) the right investment to pursue these days? Prominent investors are buying. The number of bullish hedge fund bets advanced by 5 in recent months.

To the average investor, there are many methods market participants can use to monitor stocks. A duo of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top investment managers can trounce the S&P 500 by a very impressive amount (see just how much).

Juniper Networks, Inc.Equally as integral, bullish insider trading activity is another way to break down the stock market universe. Obviously, there are lots of stimuli for an upper level exec to drop shares of his or her company, but just one, very simple reason why they would initiate a purchase. Plenty of empirical studies have demonstrated the useful potential of this tactic if “monkeys” understand where to look (learn more here).

Consequently, we’re going to take a glance at the latest action encompassing Juniper Networks, Inc. (NYSE:JNPR).

What does the smart money think about Juniper Networks, Inc. (NYSE:JNPR)?

In preparation for this year, a total of 29 of the hedge funds we track were long in this stock, a change of 21% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a few key hedge fund managers who were boosting their holdings significantly.

When looking at the hedgies we track, Ken Griffin’s Citadel Investment Group had the biggest position in Juniper Networks, Inc. (NYSE:JNPR), worth close to $152 million, accounting for 0.2% of its total 13F portfolio. On Citadel Investment Group’s heels is Ric Dillon of Diamond Hill Capital, with a $82 million position; 0.9% of its 13F portfolio is allocated to the stock. Other peers that hold long positions include Glenn Russell Dubin’s Highbridge Capital Management, Steven Cohen’s SAC Capital Advisors and Daniel Benton’s Andor Capital Management.

As one would reasonably expect, specific money managers were leading the bulls’ herd. Highbridge Capital Management, managed by Glenn Russell Dubin, created the biggest position in Juniper Networks, Inc. (NYSE:JNPR). Highbridge Capital Management had 57 million invested in the company at the end of the quarter. Joe DiMenna’s ZWEIG DIMENNA PARTNERS also made a $13 million investment in the stock during the quarter. The following funds were also among the new JNPR investors: Anand Parekh’s Alyeska Investment Group, Philippe Jabre’s Jabre Capital Partners, and SAC Subsidiary’s Sigma Capital Management.

How have insiders been trading Juniper Networks, Inc. (NYSE:JNPR)?

Bullish insider trading is particularly usable when the company in focus has experienced transactions within the past six months. Over the latest 180-day time frame, Juniper Networks, Inc. (NYSE:JNPR) has experienced 1 unique insiders purchasing, and 3 insider sales (see the details of insider trades here).

With the results shown by the aforementioned time-tested strategies, everyday investors should always monitor hedge fund and insider trading activity, and Juniper Networks, Inc. (NYSE:JNPR) is an important part of this process.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% for the S&P 500 index. Try it now by clicking the link above.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!