<div id="readability-page-1"><p>Arrowstreet Capital Limited Partnership raised its stake in  Extreme Networks, Inc. (NASDAQ:EXTR - Free Report) by 3,302.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,460,851 shares of the technology company's stock after purchasing an additional 2,388,527 shares during the period. Arrowstreet Capital Limited Partnership owned 1.85% of Extreme Networks worth $44,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Extreme Networks</strong> alerts:</span></p></div><ul><li>Ciena Stock: Powering the AI Boom - A Network Infrastructure Play</li></ul><p>A number of other large investors have also added to or reduced their stakes in EXTR. Quantbot Technologies LP boosted its holdings in shares of  Extreme Networks by 108.9% in the 2nd quarter. Quantbot Technologies LP now owns 138,252 shares of the technology company's stock valued at $2,482,000 after buying an additional 72,072 shares in the last quarter.  Ballast Asset Management LP boosted its stake in  Extreme Networks by 0.9% in the second quarter. Ballast Asset Management LP now owns 141,026 shares of the technology company's stock valued at $2,531,000 after acquiring an additional 1,324 shares in the last quarter.  New York State Common Retirement Fund grew its holdings in  Extreme Networks by 13.9% in the second quarter. New York State Common Retirement Fund now owns 712,807 shares of the technology company's stock worth $12,795,000 after purchasing an additional 87,129 shares during the last quarter.  Norges Bank acquired a new position in shares of  Extreme Networks during the second quarter worth $6,231,000.  Finally, Hsbc Holdings PLC increased its position in shares of  Extreme Networks by 118.2% during the second quarter. Hsbc Holdings PLC now owns 61,814 shares of the technology company's stock worth $1,117,000 after purchasing an additional 33,486 shares in the last quarter. 91.05% of the stock is currently owned by institutional investors. </p><h2>Insider Activity at Extreme Networks</h2><p>In other news, CEO Edward Meyercord sold 50,000 shares of Extreme Networks stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $17.46, for a total transaction of $873,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,871,418 shares of the company's stock, valued at $32,674,958.28. The trade was a 2.60% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. 3.60% of the stock is owned by insiders. </p><h2>Extreme Networks Stock Performance</h2><ul><li>Arista Networks Advances the Era of AI and  Microperimeters  </li></ul><p>NASDAQ EXTR opened at $17.59 on Friday. The firm has a market capitalization of $2.35 billion, a P/E ratio of 251.29, a PEG ratio of 1.94 and a beta of 1.67. The stock has a 50-day simple moving average of $18.86 and a two-hundred day simple moving average of $18.82. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.75 and a current ratio of 0.91. Extreme Networks, Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $22.89. </p><p>Extreme Networks (NASDAQ:EXTR - Get Free Report) last issued its earnings results on Wednesday, October 29th. The technology company reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. The firm had revenue of $310.25 million for the quarter, compared to the consensus estimate of $295.72 million. Extreme Networks had a return on equity of 81.83% and a net margin of 0.73%.The company's revenue was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. Extreme Networks has set its Q2 2026 guidance at 0.230-0.250 EPS.  On average, equities analysts forecast that  Extreme Networks, Inc. will post 0.31 earnings per share for the current year. </p><h2>Analyst Ratings Changes</h2><ul><li>Extreme Networks Snags an Upgrade on Inventory Normalization</li></ul><p>EXTR has been the topic of several research analyst reports. B. Riley  restated a &#34;buy&#34; rating on shares of Extreme Networks in a research note on Thursday, October 30th. Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $24.00 price target on shares of Extreme Networks in a research note on Monday, November 24th. Wall Street Zen raised shares of Extreme Networks from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, November 28th. Bank of America initiated coverage on shares of Extreme Networks in a research report on Wednesday, November 19th. They set a &#34;buy&#34; rating and a $24.00 target price on the stock. Finally, Rosenblatt Securities  restated a &#34;buy&#34; rating and set a $25.00 price target on shares of Extreme Networks in a research note on Tuesday, November 11th. Six analysts have rated the stock with a Buy rating and two have assigned  a Hold rating to the company. According to data from MarketBeat, Extreme Networks presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $23.83.</p><p><b>Check Out Our Latest Stock Report on EXTR</b></p><h2>Extreme Networks Profile</h2> (Free Report)<p>Extreme Networks, Inc delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation. The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Extreme Networks</li><li>Using the MarketBeat Dividend Tax Calculator</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>How to Read Stock Charts for Beginners</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>What Are Dividend Challengers?</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><strong>Want to see what other hedge funds are holding EXTR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Extreme Networks, Inc. (NASDAQ:EXTR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVhUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVhUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Extreme Networks Right Now?</h2><p>Before you consider Extreme Networks, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Extreme Networks wasn't on the list.</p><p>While Extreme Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

EXTR

<p>Arrowstreet Capital significantly increased its stake in Extreme Networks by 3,302.5% in Q2, owning 2,460,851 shares worth $44.17 million. Other investors also adjusted their holdings. CEO Edward Meyercord sold 50,000 shares. Extreme Networks reported Q2 earnings of $0.22 per share, with revenue up 15.2% year-over-year. Analysts have issued positive ratings, with price targets around $24.00.</p>

Arrowstreet Capital Limited Partnership Raises Stock Holdings in Extreme Networks, Inc. $EXTR