High Insider Selling Activity Detected At These Companies ~ NIKE Inc. (NKE), Juniper Networks Inc. (JNPR), More

Moving on to Juniper Networks Inc. (NYSE:JNPR), the insider selling activity at the company is noteworthy as well. The most recent sizable sales since the beginning of the current week have been made by William Stensrud, an Independent Director of Juniper Networks; Vincent Molinaro, the Chief Customer Officer and Executive Vice President; and Robyn Denholm, the Chief Financial and Operations Officer. Stensrud reported selling 10,000 shares on July 30 at a price of $27.50 per share, while Vincent Molinaro sold 14,290 shares at a lower price of $27.29. Finally, Robyn Denholm reported selling 52,003 shares at prices of $27.27 and $27.33. The shares of Juniper Networks have grown by over 25% since the beginning of the current year, partly owing to the solid second quarter earnings (read more details). Just recently, the company posted earnings per share of $0.41, beating analysts’ estimate of $0.31 per share. By the same token, Juniper Networks generated better-than-expected revenues of $1.22 billion, compared to the $1.10 billion figure anticipated by analysts. From the pool of over 700 hedge funds we track, Paul Singer’s Elliott Management is by far the largest shareholder in Juniper Networks Inc. (NYSE:JNPR), with 39.24 million shares.

Last but not least, we will take a quick look at the insider selling activity at Texas Instruments Inc. (NASDAQ:TXN). The latest sales were made by Independent Director Carrie S. Cox, who sold 22,000 shares at a price of $50.00 each on July 28. In total, the Independent Director of Texas Instruments sold $1.10 million worth of shares. The shares of Texas Instruments have decreased by slightly over 6% year-to-date, as the company did not manage to exceed analysts’ earnings estimates for the second quarter of 2015. The company reported second quarter earnings per share (EPS) of $0.65, meeting the analysts’ expectations on earnings. However, Texas Instruments delivered lower-than-expected revenues, amounting to $3.23 billion versus the $3.26 billion figure expected by analysts. However, the company managed to improve its gross margins thanks to enhanced efficiency of its manufacturing strategy. The gross margins improved to 58.20% from the margins of 54.74% posted in the same quarter a year ago. Within our database, Ken Griffin’s Citadel Investment Group represents the largest investor in Texas Instruments Inc. (NASDAQ:TXN), with 1.61 million shares.

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