Extreme Networks Inc’s recently made public that its PRESIDENT AND CEO MEYERCORD EDWARD unloaded Company’s shares for reported $0.65 million on Jul 01 ’25. In the deal valued at $18.21 per share,35,725 shares were sold. As a result of this transaction, MEYERCORD EDWARD now holds 1,541,282 shares worth roughly $26.65 million.
Then, Khanna Raj sold 7,973 shares, generating $137,164 in total proceeds. Upon selling the shares at $17.20, the Director now owns 233,735 shares.
Before that, Khanna Raj sold 2,027 shares. Extreme Networks Inc shares valued at $35,340 were divested by the Director at a price of $17.43 per share. As a result of the transaction, Khanna Raj now holds 231,708 shares, worth roughly $4.01 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 Friday, Extreme Networks Inc [NASDAQ:EXTR] saw its stock fall -2.21% to $17.29. Over the last five days, the stock has lost -7.54%. Extreme Networks Inc shares have risen nearly 33.51% since the year began. Nevertheless, the stocks have risen 3.29% over the past one year. While a 52-week high of $19.24 was reached on 07/03/25, a 52-week low of $10.10 was recorded on 04/07/25.
Levels Of Support And Resistance For EXTR Stock
The 24-hour chart illustrates a support level at 17.16, which if violated will result in even more drops to 17.04. On the upside, there is a resistance level at 17.50. A further resistance level may holdings at 17.72.
How much short interest is there in Extreme Networks Inc?
A steep rise in short interest was recorded in Extreme Networks Inc stocks on 2025-06-13, growing by 36998.0 shares to a total of 6.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.63 million shares. There was a rise of 0.56%, which implies that there is a positive sentiment for the stock.
