Extreme Networks (NASDAQ:EXTR) CFO Sells $1,065,050.00 in Stock

Posted by George Bondi on Jun 12th, 2026

Extreme Networks, Inc. (NASDAQ:EXTR – Get Free Report) CFO Kevin Rhodes sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $30.43, for a total transaction of $1,065,050.00. Following the transaction, the chief financial officer owned 151,296 shares of the company’s stock, valued at approximately $4,603,937.28. This trade represents a 18.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Extreme Networks Stock Up 0.1%

NASDAQ EXTR traded up $0.04 on Friday, hitting $31.11. The stock had a trading volume of 1,676,194 shares, compared to its average volume of 2,084,610. The business’s fifty day moving average price is $22.26 and its 200 day moving average price is $17.97. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 259.25, a price-to-earnings-growth ratio of 2.70 and a beta of 1.81. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.91 and a quick ratio of 0.78. Extreme Networks, Inc. has a 52-week low of $13.48 and a 52-week high of $31.57.

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 for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Extreme Networks had a return on equity of 81.88% and a net margin of 1.30%.The firm had revenue of $316.87 million during the quarter, compared to analysts’ expectations of $311.48 million. During the same quarter last year, the firm earned $0.21 EPS. The business’s quarterly 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. Equities research analysts anticipate that Extreme Networks, Inc. will post 0.53 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. UBS Group set a $28.00 price objective on shares of Extreme Networks in a report on Thursday, April 30th. Wall Street Zen raised shares of Extreme Networks from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 24th. Needham & Company LLC boosted their target price on shares of Extreme Networks from $21.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Lake Street Capital reissued a “buy” rating and set a $25.00 target price on shares of Extreme Networks in a research report on Thursday, April 30th. Finally, Bank of America lifted their price objective on shares of Extreme Networks from $28.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Extreme Networks has a consensus rating of “Moderate Buy” and an average target price of $29.33.

View Our Latest Report on EXTR

Institutional Investors Weigh In On Extreme Networks

A number of large investors have recently bought and sold shares of EXTR. Envestnet Asset Management Inc. boosted its stake 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 in the last quarter. ProShare Advisors LLC increased its stake in shares of Extreme Networks by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 25,609 shares of the technology company’s stock valued at $426,000 after purchasing an additional 735 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Extreme Networks by 7.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,001 shares of the technology company’s stock worth $166,000 after purchasing an additional 735 shares during the period. Oregon Public Employees Retirement Fund boosted its position in Extreme Networks by 3.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 30,633 shares of the technology company’s stock worth $510,000 after purchasing an additional 900 shares in the last quarter. Finally, CWM LLC boosted its position in Extreme Networks by 51.7% during the fourth quarter. CWM LLC now owns 3,179 shares of the technology company’s stock worth $53,000 after purchasing an additional 1,084 shares in the last quarter. Hedge funds and other institutional investors 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.