Extreme Networks, Inc. $EXTR Stake Lifted by Trigran Investments Inc.

Posted by Brian Himes on Jun 15th, 2026

Trigran Investments Inc. lifted its stake in shares of Extreme Networks, Inc. (NASDAQ:EXTR – Free Report) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,285,391 shares of the technology company’s stock after acquiring an additional 92,990 shares during the period. Extreme Networks accounts for about 7.5% of Trigran Investments Inc.’s investment portfolio, making the stock its 7th largest position. Trigran Investments Inc.’s holdings in Extreme Networks were worth $38,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of Extreme Networks by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,783 shares of the technology company’s stock worth $470,000 after acquiring an additional 683 shares during the period. ProShare Advisors LLC lifted its holdings in shares of Extreme Networks by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 25,609 shares of the technology company’s stock worth $426,000 after acquiring an additional 735 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of Extreme Networks by 3.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 30,633 shares of the technology company’s stock worth $510,000 after acquiring an additional 900 shares during the period. CWM LLC lifted its holdings 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 acquiring an additional 1,084 shares during the period. Finally, Quarry LP lifted its holdings 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 acquiring an additional 1,118 shares during the period. 91.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EXTR has been the topic of several recent analyst reports. Bank of America increased their price objective on shares of Extreme Networks from $28.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Weiss Ratings lowered shares of Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 15th. B. Riley Financial restated a “buy” rating on shares of Extreme Networks in a report on Thursday, April 30th. UBS Group set a $28.00 price target on shares of Extreme Networks in a report on Thursday, April 30th. Finally, Lake Street Capital restated a “buy” rating and issued a $25.00 price target on shares of Extreme Networks in a report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.33.

Get Our Latest Stock Analysis on Extreme Networks

Insider Activity

In other news, Director Kathleen M. Holmgren sold 19,521 shares of Extreme Networks 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 sale, the director owned 219,308 shares in the company, valued at $5,434,452.24. This trade represents a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Edward Meyercord sold 100,000 shares of Extreme Networks stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $29.20, for a total transaction of $2,920,000.00. Following the sale, the chief executive officer owned 1,621,902 shares in the company, valued at $47,359,538.40. This represents a 5.81% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 642,182 shares of company stock worth $16,188,978. Company insiders own 3.60% of the company’s stock.

Extreme Networks Stock Performance

NASDAQ EXTR opened at $31.11 on Monday. Extreme Networks, Inc. has a one year low of $13.48 and a one year high of $31.57. The company’s 50 day moving average price is $22.58 and its 200 day moving average price is $18.07. 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 $4.07 billion, a price-to-earnings ratio of 259.25, a PEG ratio of 2.94 and a beta of 1.81.

Extreme Networks (NASDAQ:EXTR – Get Free Report) last posted 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. The company had revenue of $316.87 million for the quarter, compared to analyst estimates of $311.48 million. Extreme Networks had a net margin of 1.30% and a return on equity of 81.88%. The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 earnings per share. 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.

About Extreme Networks

(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.