EPS for Extreme Networks, Inc. (EXTR) Expected At $0.13

July 14, 2018 - By Robert Reynolds

Extreme Networks, Inc. (NASDAQ:EXTR) LogoInvestors sentiment decreased to 1.35 in Q1 2018. Its down 0.11, from 1.46 in 2017Q4. It dived, as 30 investors sold Extreme Networks, Inc. shares while 51 reduced holdings. 44 funds opened positions while 65 raised stakes. 97.14 million shares or 8.91% more from 89.19 million shares in 2017Q4 were reported.
California State Teachers Retirement System holds 0% in Extreme Networks, Inc. (NASDAQ:EXTR) or 174,001 shares. Virtu Fin Limited Liability Corp owns 53,015 shares. 7,681 were accumulated by Envestnet Asset Management. Teachers Retirement Systems Of The State Of Kentucky holds 36,500 shares or 0% of its portfolio. Stone Ridge Asset Mngmt Ltd Co holds 17,973 shares. Robeco Institutional Asset Mgmt Bv invested in 0% or 82,089 shares. Susquehanna Intll Group Inc Incorporated Ltd Liability Partnership invested in 0% or 52,523 shares. Profund Advsr Ltd holds 0.01% or 22,918 shares. Peak6 Invs Ltd Partnership holds 0% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR) for 47,686 shares. 262,020 are owned by Millrace Asset Grp Inc. Wells Fargo & Mn holds 0% in Extreme Networks, Inc. (NASDAQ:EXTR) or 328,607 shares. Hsbc Pcl accumulated 212,813 shares or 0% of the stock. Teton Advisors Inc has 0.36% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 346,100 shares. Proshare Advsr Ltd Liability Corporation has 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR). Northern Tru owns 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 1.43M shares.

Since May 10, 2018, it had 6 insider buys, and 0 sales for $1.35 million activity. Shares for $168,400 were bought by MEYERCORD EDWARD. On Friday, May 11 Shoemaker John C bought $168,000 worth of Extreme Networks, Inc. (NASDAQ:EXTR) or 20,000 shares. HOLMGREN KATHLEEN M bought $44,000 worth of stock. Shares for $89,598 were bought by Khanna Raj on Thursday, May 24.

Analysts expect Extreme Networks, Inc. (NASDAQ:EXTR) to report $0.13 EPS on August, 13.They anticipate $0.01 EPS change or 7.14 % from last quarter’s $0.14 EPS. EXTR’s profit would be $15.07M giving it 16.35 P/E if the $0.13 EPS is correct. After having $0.10 EPS previously, Extreme Networks, Inc.’s analysts see 30.00 % EPS growth. The stock decreased 1.85% or $0.16 during the last trading session, reaching $8.5. About 1.59 million shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has declined 5.57% since July 14, 2017 and is downtrending. It has underperformed by 18.14% the S&P500.

Extreme Networks, Inc. (NASDAQ:EXTR) Ratings Coverage

Among 3 analysts covering Extreme Networks (NASDAQ:EXTR), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks had 3 analyst reports since February 6, 2018 according to SRatingsIntel. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by Cowen & Co on Tuesday, February 6. The rating was maintained by DA Davidson on Wednesday, February 7 with “Buy”. Needham maintained it with “Buy” rating and $15.5 target in Wednesday, February 7 report.

Extreme Networks, Inc. provides software-driven networking solutions for enterprise clients worldwide. The company has market cap of $985.09 million. The firm designs, develops, and makes wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. It currently has negative earnings. It offers edge/access Ethernet switching systems that delivers Ethernet connectivity for edge of the network; aggregation/core Ethernet switching systems for aggregation, top-of-rack, and campus core environments; data center switching systems for enterprises and cloud data centers; and wireless access point products, as well as distributed Wi-Fi networks.

Extreme Networks, Inc. (NASDAQ:EXTR) Institutional Positions Chart

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