Extreme Networks, Inc. (NASDAQ:EXTR) is scheduled to issue its quarterly earnings data after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.
Shares of Extreme Networks, Inc. (EXTR) opened at 8.63 on Friday. The company’s 50-day moving average price is $9.29 and its 200-day moving average price is $8.01. Extreme Networks, Inc. has a 52-week low of $3.75 and a 52-week high of $11.03. The stock’s market cap is $950.73 million.
In other news, insider Edward Meyercord sold 65,000 shares of the business’s stock in a transaction on Monday, June 26th. The stock was sold at an average price of $10.10, for a total transaction of $656,500.00. Following the sale, the insider now directly owns 563,034 shares of the company’s stock, valued at $5,686,643.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.91% of the stock is owned by insiders.
EXTR has been the subject of several research analyst reports. Zacks Investment Research lowered Extreme Networks from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $12.50 target price (up from $9.50) on shares of Extreme Networks in a research report on Friday, June 2nd. Finally, BidaskClub lowered Extreme Networks from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $8.10.
Extreme Networks Company Profile
Extreme Networks, Inc is a provider of network infrastructure equipment. The Company markets its products to business, governmental, healthcare, service provider and educational customers with a focus on corporate enterprises and metropolitan service providers on a global basis. The Company operates through the development and marketing of network infrastructure equipment segment.
What are top analysts saying about Extreme Networks Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Extreme Networks Inc. and related companies.