Kathleen Holmgren Sells 19,521 Shares of Extreme Networks (NASDAQ:EXTR) Stock

Posted by Brian Himes on May 18th, 2026

Extreme Networks, Inc. (NASDAQ:EXTR – Get Free Report) Director Kathleen Holmgren sold 19,521 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $24.78, for a total value of $483,730.38. Following the completion of the sale, the director directly owned 219,308 shares of the company’s stock, valued at approximately $5,434,452.24. This represents a 8.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Extreme Networks Stock Down 2.2%

NASDAQ EXTR traded down $0.55 during trading on Monday, hitting $24.11. The company’s stock had a trading volume of 2,246,780 shares, compared to its average volume of 2,093,308. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.91 and a quick ratio of 0.78. The company has a market cap of $3.15 billion, a PE ratio of 200.92, a P/E/G ratio of 2.33 and a beta of 1.77. The business’s 50 day simple moving average is $17.59 and its 200-day simple moving average is $16.74. Extreme Networks, Inc. has a fifty-two week low of $13.48 and a fifty-two week high of $25.13.

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

Analysts Set New Price Targets

A number of research firms recently commented on EXTR. Lake Street Capital reaffirmed a “buy” rating and set a $25.00 target price on shares of Extreme Networks in a report on Thursday, April 30th. Weiss Ratings downgraded Extreme Networks from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Wall Street Zen cut Extreme Networks from a “strong-buy” rating to a “buy” rating in a research report on Saturday. UBS Group set a $28.00 price target on Extreme Networks in a research report on Thursday, April 30th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $25.00 price target on shares of Extreme Networks in a research report on Thursday, January 29th. Six equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $25.50.

Read Our Latest Report on EXTR

Institutional Trading of Extreme Networks

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Polar Asset Management Partners Inc. purchased a new stake in shares of Extreme Networks in the first quarter valued at approximately $6,961,000. Entropy Technologies LP increased its position in shares of Extreme Networks by 9.4% in the first quarter. Entropy Technologies LP now owns 31,749 shares of the technology company’s stock valued at $479,000 after buying an additional 2,730 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Extreme Networks by 32.6% in the first quarter. Renaissance Technologies LLC now owns 2,076,080 shares of the technology company’s stock valued at $31,307,000 after buying an additional 510,215 shares in the last quarter. Paradigm Capital Management Inc. NY increased its position 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 buying an additional 262,400 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position 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 buying an additional 230,617 shares in the last quarter. 91.05% of the stock is currently owned by hedge funds and other institutional investors.

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.