COMPANY DESCRIPTION Juniper provides network infrastructure products and network security solutions. The company designs, develops and sells products and services for routing, switching, Wi-Fi, network security, and software-defined networking technologies. It has four customer solution segments: Automated WAN Solutions; Cloud-Ready Data Center; AI-Driven Enterprise; and Hardware, Maintenance, and Professional Services. Based in California, Juniper has more than 11,000 employees. The shares are a component of the S&P 500.

Insiders remain on the fence. All of the one-week sell/buy ratios from Vickers Stock Research improved this week (but are not stellar), while all the eight-week ratios are best described as flat. From a longer-term view, the six-month-based Insider Index from Vickers appears to have leveled off after months of deterioration -- and indeed improved slightly from last week. Still, the reading remains far from bullish territory and no return to bullish is imminent as the index is at its most-bearish level since September 2021. End of day, there is no compelling movement in insider sentiment this week. Meanwhile, according to Argus' Mark Arbeter, CMT, 'market breadth is certainly not optimal for a bull market, and eventually one of two things likely will happen. The rest (or part) of the market will wake up and start to participate, adding to the semiconductors strength, or the semis will run into trouble and take an already weak market structure lower. Dominance by the heavily weighted market caps is not a bad thing -- as long as it persists.' On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $1.11 billion sold, followed by Consumer Staples ($338 million sold) and Financials ($185 million sold). Buying outpaced selling in Energy, with $107 million of shares bought versus $45 million sold, as well as in Real Estate and Materials. This week, analysts at Vickers highlighted insider transactions of interest at Occidental Petroleum Corp. (NYSE: OXY) and Dell Technologies Inc. (NYSE: DELL).

COMPANY DESCRIPTION Juniper provides network infrastructure products and network security solutions. The company designs, develops and sells products and services for routing, switching, Wi-Fi, network security, and software-defined networking technologies. It has four customer solution segments: Automated WAN Solutions; Cloud-Ready Data Center; AI-Driven Enterprise; and Hardware, Maintenance, and Professional Services. Based in California, Juniper has more than 11,000 employees. The shares are a component of the S&P 500.

Vickers Stock Research, a subsidiary of Argus Research Group, tracks and analyzes insider trading and institutional stock ownership trends. Form 13-Fs, which institutions must file to report their holdings, are due 45 days after the end of calendar quarters, and have now come in from 1Q24. We like to review the 13Fs of the major activist investors, including Carl Icahn, Trian Fund Management, Jana Partners, and ValueAct Holdings, among others, to determine their core holdings and new purchases. Activist investing has evolved in recent years and is now less about generating a short-term return on an underpriced stock and more about achieving long-term returns through an active management/investor partnership. Activists have made progress in the past year with high-profile investments into blue-chip companies such as Fedex and Union Pacific. According to Vickers, here are recent new purchases and key holdings of activist investors and other high-profile money managers such as Warren Buffet of Berkshire Hathaway and Ken Griffin of Citadel Advisors LLC.