In a filing, Extreme Networks Inc revealed its PRESIDENT AND CEO MEYERCORD EDWARD unloaded Company’s shares for reported $0.49 million on May 01 ’25. In the deal valued at $13.73 per share,35,725 shares were sold. As a result of this transaction, MEYERCORD EDWARD now holds 1,510,719 shares worth roughly $24.5 million.
Then, MEYERCORD EDWARD sold 35,725 shares, generating $468,791 in total proceeds. Upon selling the shares at $13.12, the PRESIDENT AND CEO now owns 1,510,719 shares.
Before that, MEYERCORD EDWARD sold 35,725 shares. Extreme Networks Inc shares valued at $538,054 were divested by the PRESIDENT AND CEO at a price of $15.06 per share. As a result of the transaction, MEYERCORD EDWARD now holds 1,510,719 shares, worth roughly $24.5 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 -0.73% to $16.22. Over the last five days, the stock has gained 9.59%. Extreme Networks Inc shares have fallen nearly -3.11% since the year began. Nevertheless, the stocks have risen 52.44% 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 $13.60, while 200 days put it at $15.14.
Levels Of Support And Resistance For EXTR Stock
The 24-hour chart illustrates a support level at 16.16, which if violated will result in even more drops to 16.10. On the upside, there is a resistance level at 16.31. A further resistance level may holdings at 16.41. The Relative Strength Index (RSI) on the 14-day chart is 74.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.26%. Stochastics %K at 96.69% indicates the stock is a selling.
