Extreme Networks Inc’s recently made public that its Officer MOTIEY KATAYOUN acquired Company’s shares for reported $0.84 million on Jun 03 ’25. In the deal valued at $16.11 per share,52,184 shares were bought.
Then, MOTIEY KATAYOUN sold 52,184 shares, generating $840,773 in total proceeds. Upon selling the shares at $16.11, the Chief Legal Admin Sust Officer now owns 127,620 shares.
Before that, MOTIEY KATAYOUN sold 19,616 shares. Extreme Networks Inc shares valued at $313,858 were divested by the Chief Legal Admin Sust Officer at a price of $16.00 per share. As a result of the transaction, MOTIEY KATAYOUN now holds 127,620 shares, worth roughly $2.15 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 jump 1.20% to $16.83. Over the last five days, the stock has gained 5.25%. Extreme Networks Inc shares have risen nearly 0.54% since the year began. Nevertheless, the stocks have risen 46.60% over the past one year. While a 52-week high of $19.24 was reached on 01/22/25, a 52-week low of $10.10 was recorded on 04/07/25. SMA at 50 days reached $14.02, while 200 days put it at $15.32.
Levels Of Support And Resistance For EXTR Stock
The 24-hour chart illustrates a support level at 16.66, which if violated will result in even more drops to 16.49. On the upside, there is a resistance level at 17.00. A further resistance level may holdings at 17.16. The Relative Strength Index (RSI) on the 14-day chart is 67.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.91%. Stochastics %K at 90.08% indicates the stock is a selling.
How much short interest is there in Extreme Networks Inc?
A steep rise in short interest was recorded in Extreme Networks Inc stocks on 2025-05-15, growing by 0.14 million shares to a total of 6.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 6.48 million shares. There was a rise of 2.18%, which implies that there is a positive sentiment for the stock.
