25,550 Extreme Networks, Inc. $EXTR Shares Bought by Simplicity Wealth LLC

Posted by George Bondi on Oct 28th, 2026

Simplicity Wealth LLC lifted its stake in shares of Extreme Networks, Inc. (NASDAQ:EXTR – Free Report) by 113.6% during the third quarter, Holdings Channel.com reports. The firm owned 48,045 shares of the technology company’s stock after buying an additional 25,550 shares during the period. Simplicity Wealth LLC’s holdings in Extreme Networks were worth $1,031,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Extreme Networks during the second quarter valued at approximately $674,661,000. Paradigm Capital Management Inc. NY increased its holdings in shares of Extreme Networks by 5.3% in the first quarter. Paradigm Capital Management Inc. NY now owns 5,234,900 shares of the technology company’s stock valued at $78,942,000 after purchasing an additional 262,400 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Extreme Networks by 7.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,247,680 shares of the technology company’s stock valued at $48,975,000 after purchasing an additional 230,617 shares in the last quarter. Southernsun Asset Management LLC raised its position in Extreme Networks by 16.6% in the 1st quarter. Southernsun Asset Management LLC now owns 2,297,933 shares of the technology company’s stock worth $34,653,000 after purchasing an additional 327,047 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Extreme Networks by 32.6% in the 1st quarter. Renaissance Technologies LLC now owns 2,076,080 shares of the technology company’s stock worth $31,307,000 after purchasing an additional 510,215 shares during the last quarter. 91.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Extreme Networks news, CEO Edward Meyercord sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $29.79, for a total value of $1,489,500.00. Following the transaction, the chief executive officer directly owned 1,596,475 shares of the company’s stock, valued at approximately $47,558,990.25. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rhodes sold 21,825 shares of Extreme Networks stock in a transaction on Friday, August 21st. The stock was sold at an average price of $22.30, for a total transaction of $486,697.50. Following the sale, the chief financial officer directly owned 196,803 shares of the company’s stock, valued at $4,388,706.90. This represents a 9.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 121,825 shares of company stock worth $3,064,698. Insiders own 3.20% of the company’s stock.

Extreme Networks Trading Up 5.1%

Shares of NASDAQ EXTR opened at $23.85 on Wednesday. The firm has a market capitalization of $3.15 billion, a PE ratio of 76.94 and a beta of 1.76. Extreme Networks, Inc. has a 1 year low of $13.48 and a 1 year high of $33.73. The firm’s 50-day moving average is $22.45 and its 200-day moving average is $21.87.

Extreme Networks (NASDAQ:EXTR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $338.55 million for the quarter, compared to analyst estimates of $332.49 million. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.25 EPS. Extreme Networks has set its FY 2027 guidance at 1.280-1.330 EPS and its Q1 2027 guidance at 0.270-0.290 EPS. As a group, equities research analysts anticipate that Extreme Networks, Inc. will post 0.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EXTR has been the topic of several research reports. Oppenheimer reaffirmed an “outperform” rating on shares of Extreme Networks in a report on Thursday, August 6th. Craig Hallum reissued a “buy” rating and issued a $31.00 target price on shares of Extreme Networks in a research note on Thursday, August 6th. Wall Street Zen upgraded Extreme Networks from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Needham & Company LLC cut their price target on Extreme Networks from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Finally, Weiss Ratings raised Extreme Networks from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 16th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $32.25.

Get Our Latest Stock Analysis on EXTR

Extreme Networks Profile

(Free Report)

Extreme Networks, Inc develops networking solutions that help organizations connect, manage and secure users, devices and applications across campus, data center and distributed environments. Its portfolio includes wired and wireless network infrastructure, Ethernet switches, access points, software-defined wide-area networking (SD-WAN), network access control and cloud-based network management.

The company’s ExtremeCloud platform supports centralized monitoring, configuration, analytics and automation for network operations.