Intech Investment Management LLC Grows Holdings in Extreme Networks, Inc. $EXTR

Posted by Stanley Muller on May 31st, 2026

Intech Investment Management LLC boosted its holdings in Extreme Networks, Inc. (NASDAQ:EXTR – Free Report) by 36.9% in the 4th quarter, Holdings Channel reports. The firm owned 352,177 shares of the technology company’s stock after purchasing an additional 94,962 shares during the period. Intech Investment Management LLC’s holdings in Extreme Networks were worth $5,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in Extreme Networks during the 3rd quarter worth $31,000. Quarry LP grew its stake in shares of Extreme Networks by 74.9% during the 3rd quarter. Quarry LP now owns 2,610 shares of the technology company’s stock worth $54,000 after purchasing an additional 1,118 shares during the period. CWM LLC grew its stake in shares of Extreme Networks by 51.7% during the 4th quarter. CWM LLC now owns 3,179 shares of the technology company’s stock worth $53,000 after purchasing an additional 1,084 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Extreme Networks in the 3rd quarter valued at about $70,000. Finally, Quadrant Capital Group LLC acquired a new stake in Extreme Networks in the 3rd quarter valued at about $91,000. Hedge funds and other institutional investors own 91.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EXTR. Lake Street Capital reiterated a “buy” rating and set a $25.00 price target on shares of Extreme Networks in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 15th. Needham & Company LLC increased their price objective on shares of Extreme Networks from $21.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Extreme Networks from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 24th. Finally, UBS Group set a $28.00 price objective on shares of Extreme Networks in a 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.50.

Get Our Latest Stock Analysis on Extreme Networks

Insider Transactions at Extreme Networks

In related news, CEO Edward Meyercord sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $26.10, for a total value of $2,610,000.00. Following the transaction, the chief executive officer owned 1,721,902 shares in the company, valued at approximately $44,941,642.20. This trade represents a 5.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kathleen M. Holmgren sold 19,521 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $24.78, for a total transaction of $483,730.38. Following the completion of the transaction, the director owned 219,308 shares in the company, valued at $5,434,452.24. The trade was a 8.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 412,182 shares of company stock valued at $9,456,028 in the last three months. 3.60% of the stock is owned by company insiders.

Extreme Networks Trading Up 1.1%

NASDAQ EXTR opened at $26.51 on Friday. Extreme Networks, Inc. has a one year low of $13.48 and a one year high of $27.28. The company’s 50 day moving average price is $19.74 and its 200 day moving average price is $17.23. 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 market capitalization of $3.47 billion, a price-to-earnings ratio of 220.92, a PEG ratio of 2.50 and a beta of 1.77.

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

Extreme Networks Profile

(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.