Extreme Networks Inc’s recently made public that its PRESIDENT AND CEO MEYERCORD EDWARD unloaded Company’s shares for reported $0.54 million on Mar 03 ’25. In the deal valued at $15.06 per share,35,725 shares were sold. As a result of this transaction, MEYERCORD EDWARD now holds 1,510,719 shares worth roughly $21.12 million.
Then, EDWARD MEYERCORD bought 107,175 shares, generating $1,655,854 in total proceeds.
Before that, MEYERCORD EDWARD sold 35,725 shares. Extreme Networks Inc shares valued at $549,897 were divested by the PRESIDENT AND CEO at a price of $15.39 per share. As a result of the transaction, MEYERCORD EDWARD now holds 1,478,941 shares, worth roughly $20.68 million.
Craig Hallum upgraded its Extreme Networks Inc [EXTR] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “a Buy”. B. Riley Securities also remained covering EXTR and has increased its forecast on April 15, 2024 with a “Buy” recommendation from previously “Neutral” rating. UBS revised its rating on February 01, 2024. It rated EXTR as “a Neutral” which previously was an “a Buy”.
Price Performance Review of EXTR
On Monday, Extreme Networks Inc [NASDAQ:EXTR] saw its stock fall -5.86% to $13.98. Over the last five days, the stock has lost -5.35%. Extreme Networks Inc shares have fallen nearly -16.49% since the year began. Nevertheless, the stocks have risen 16.21% over the past one year. While a 52-week high of $19.24 was reached on 01/22/25, a 52-week low of $10.49 was recorded on 03/10/25. SMA at 50 days reached $16.13, while 200 days put it at $14.93.
Levels Of Support And Resistance For EXTR Stock
The 24-hour chart illustrates a support level at 13.64, which if violated will result in even more drops to 13.29. On the upside, there is a resistance level at 14.45. A further resistance level may holdings at 14.91. The Relative Strength Index (RSI) on the 14-day chart is 32.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.82%. Stochastics %K at 14.25% indicates the stock is a buying.
