Katayoun Motiey Sells 7,661 Shares of Extreme Networks (NASDAQ:EXTR) Stock

Posted by Stanley Muller on May 20th, 2026

Extreme Networks, Inc. (NASDAQ:EXTR – Get Free Report) insider Katayoun Motiey sold 7,661 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $25.00, for a total transaction of $191,525.00. Following the completion of the sale, the insider directly owned 183,782 shares of the company’s stock, valued at approximately $4,594,550. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Extreme Networks Trading Down 2.4%

Shares of EXTR stock opened at $23.54 on Wednesday. Extreme Networks, Inc. has a 52-week low of $13.48 and a 52-week high of $25.13. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 196.17, a P/E/G ratio of 2.28 and a beta of 1.77. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.78 and a current ratio of 0.91. The firm has a fifty day moving average of $17.97 and a 200-day moving average of $16.80.

Extreme Networks (NASDAQ:EXTR – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. Extreme Networks had a net margin of 1.30% and a return on equity of 81.88%. The company had revenue of $316.87 million during the quarter, compared to analysts’ expectations of $311.48 million. During the same quarter in the prior year, the company posted $0.21 EPS. The business’s revenue was up 11.4% on a year-over-year basis. Extreme Networks has set its Q4 2026 guidance at 0.280-0.300 EPS. On average, equities research analysts forecast that Extreme Networks, Inc. will post 0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on EXTR shares. Needham & Company LLC increased their price objective on shares of Extreme Networks from $21.00 to $26.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Lake Street Capital restated a “buy” rating and issued a $25.00 price objective on shares of Extreme Networks in a research note on Thursday, April 30th. Wall Street Zen cut shares of Extreme Networks from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Rosenblatt Securities restated a “buy” rating and issued a $25.00 price objective on shares of Extreme Networks in a research note on Thursday, January 29th. Finally, UBS Group set a $28.00 target price on shares of Extreme Networks in a research report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $25.50.

View Our Latest Stock Analysis on EXTR

Institutional Investors Weigh In On Extreme Networks

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Extreme Networks by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 19,112,223 shares of the technology company’s stock worth $318,219,000 after purchasing an additional 349,199 shares in the last quarter. State Street Corp increased its position in Extreme Networks by 3.9% in the 4th quarter. State Street Corp now owns 5,664,493 shares of the technology company’s stock valued at $94,314,000 after acquiring an additional 213,094 shares in the last quarter. Paradigm Capital Management Inc. NY increased its position in Extreme Networks by 5.3% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 5,234,900 shares of the technology company’s stock valued at $78,942,000 after acquiring an additional 262,400 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Extreme Networks by 7.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,247,680 shares of the technology company’s stock valued at $48,975,000 after acquiring an additional 230,617 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its position in Extreme Networks by 301.9% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,971,718 shares of the technology company’s stock valued at $49,479,000 after acquiring an additional 2,232,373 shares in the last quarter. Institutional investors and hedge funds own 91.05% of the company’s stock.

Extreme Networks Company Profile

(Get Free Report)

Extreme Networks, Inc (NASDAQ: EXTR) is a global provider of end-to-end networking solutions designed to support enterprise, data center, and service provider environments. The company’s product portfolio encompasses high-performance wired and wireless access switches, routers, network security appliances, and software-defined networking (SDN) tools. Driven by a cloud-native management architecture, Extreme’s Intelligent Edge Platform integrates network analytics, automation and orchestration capabilities to help organizations optimize performance, reduce operational complexity and strengthen security.

Since its founding in the mid-1990s and subsequent public listing in 1999, Extreme Networks has expanded its technology footprint through targeted acquisitions.