The value of the investment in Extreme Networks, Inc. went from $408,000 to $602,000 increasing 47.5% for the reporting period.
Short traders are feeling a little more bullish on shares of the company lately as evidenced by the downtick in short interest. Extreme Networks had a negative net margin of 1.42% and a positive return on equity of 41.17%.
Extreme Networks (EXTR) traded down 0.98% during trading on Monday, hitting $12.14. About 37,086 shares traded. Extreme Networks, Inc (NASDAQ:EXTR) has risen 157.68% since October 11, 2016 and is uptrending. It has outperformed by 140.98% the S&P500. Cim Investment Mangement Inc bought 2,468 shares as the company's stock declined 23.17% while stock markets rallied. The company has market cap of $1.39 billion. It has a 11.94 P/E ratio.
More important recent Extreme Networks, Inc (NASDAQ:EXTR) news were published by: Nasdaq.com which released: "Extreme Networks To Buy Data Center Business From Brocade Communications" on October 03, 2017, also Prnewswire.com published article titled: "Extreme Networks Launches Industry's First Fully-Automated Secure Networking ...", Streetinsider.com published: "EXTREME NETWORKS, INC." on October 03, 2017. It has outperformed by 16.31% the S&P500. (NASDAQ:SAFM) to report earnings on December, 21. Aqr Limited Liability accumulated 0% or 172,115 shares. SAFM's profit will be $90.66M for 9.32 P/E if the $3.99 EPS becomes a reality. James Incorporated has 0.12% invested in Extreme Networks, Inc (NASDAQ:EXTR) for 417,620 shares. Creative Planning holds 2,246 shares. SAFM was included in 3 notes of analysts from August 18, 2016. The stock of Acuity Brands, Inc. (NASDAQ:SAFM) has "Sector Weight" rating given on Friday, December 2 by KeyBanc Capital Markets. Stifel Nicolaus maintained it with "Buy" rating and $250 target in Monday, January 11 report. Legal & General Group Plc now owns 26,483 shares of the technology company's stock worth $245,000 after acquiring an additional 1,819 shares in the last quarter. For the next fiscal year, analysts expect that the firm will report sales of $892.60 million per share, with estimates ranging from $880.20 million to $905.00 million. The Tennessee-based Southernsun Asset Management Llc has invested 1.57% in the stock. Texas Permanent School Fund, a Texas-based fund reported 12,392 shares. It dived, as 18 investors sold EXTR shares while 65 reduced holdings. Amalgamated Bank raised its position in Extreme Networks by 10.9% in the second quarter.
Analysts await Extreme Networks, Inc (NASDAQ:EXTR) to report earnings on November, 7. Commercial Bank Of Montreal Can has invested 0% of its portfolio in Extreme Networks, Inc (NASDAQ:EXTR). The stock increased 5.00% or $0.08 on October 9, reaching $1.78. Shell Asset Mngmt invested in 3,038 shares. Susquehanna Group Llp invested 0% in Extreme Networks, Inc (NASDAQ:EXTR). Ratan Cap Mgmt Limited Partnership owns 1.20 million shares. Hillsdale Inv reported 147,640 shares stake. California Employees Retirement Systems reported 331,300 shares. Boothbay Fund Mgmt Limited Liability Corp has invested 0.14% of its portfolio in Extreme Networks, Inc (NASDAQ:EXTR). Following the completion of the acquisition, the director now owns 36,662 shares of the company's stock, valued at $421,246.38. The Switzerland-based Credit Suisse Ag has invested 0% in Extreme Networks, Inc (NASDAQ:EXTR). Paradigm Capital Management Inc sold 194,200 shares as Extreme Networks (EXTR)'s stock rose 43.62%. Zacks Investment Research downgraded Extreme Networks from a "buy" rating to a "hold" rating in a report on Tuesday, July 4th. Therefore 100% are positive.
According to Zacks, analysts expect that Extreme Networks will report full-year sales of $204.50 million for the current fiscal year, with estimates ranging from $842.00 million to $873.80 million. The firm earned "Buy" rating on Thursday, September 10 by Wunderlich. (NYSE:AYI), 11 have Buy rating, 2 Sell and 6 Hold. The stock has "Buy" rating by Needham on Monday, September 19. The stock recorded a fall in short interest from August 31, 2017 to September 15, 2017 of -8.82%. The company was upgraded on Thursday, September 15 by DA Davidson. The stock has "Buy" rating by Needham on Friday, June 2.
Since May 31, 2017, it had 0 insider purchases, and 1 sale for $1.29 million activity. It also increased its holding in Pepsico Inc (NYSE:PEP) by 92,030 shares in the quarter, for a total of 211,050 shares, and has risen its stake in Splunk Inc (NASDAQ:SPLK). Broadsoft Inc (NASDAQ:BSFT) was raised too. Hennessy Advsr reported 0.19% of its portfolio in Extreme Networks, Inc (NASDAQ:EXTR).