First Bank & Trust bought a new stake in Extreme Networks, Inc. (NASDAQ:EXTR – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,633 shares of the technology company’s stock, valued at approximately $156,000.
Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its position in shares of Extreme Networks by 101.8% during the first quarter. BNP Paribas Financial Markets now owns 437,659 shares of the technology company’s stock worth $5,051,000 after buying an additional 220,763 shares in the last quarter. Knights of Columbus Asset Advisors LLC bought a new stake in shares of Extreme Networks in the 4th quarter worth about $1,613,000. Gallacher Capital Management LLC acquired a new stake in shares of Extreme Networks in the 4th quarter valued at about $257,000. Voss Capital LLC lifted its position in shares of Extreme Networks by 55.6% during the fourth quarter. Voss Capital LLC now owns 2,170,500 shares of the technology company’s stock worth $38,288,000 after purchasing an additional 775,500 shares during the last quarter. Finally, Seven Eight Capital LP grew its stake in Extreme Networks by 724.8% in the fourth quarter. Seven Eight Capital LP now owns 193,903 shares of the technology company’s stock worth $3,420,000 after purchasing an additional 170,395 shares in the last quarter. 91.05% of the stock is owned by institutional investors and hedge funds.
Extreme Networks Stock Performance
NASDAQ EXTR traded down $0.14 during trading hours on Wednesday, hitting $12.81. The company had a trading volume of 1,561,429 shares, compared to its average volume of 2,126,635. The company has a quick ratio of 0.61, a current ratio of 0.96 and a debt-to-equity ratio of 2.78. The firm has a market cap of $1.66 billion, a P/E ratio of -182.14, a price-to-earnings-growth ratio of 2.24 and a beta of 1.79. Extreme Networks, Inc. has a fifty-two week low of $10.49 and a fifty-two week high of $32.73. The business has a fifty day simple moving average of $12.86 and a 200-day simple moving average of $12.32.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Extreme Networks
Extreme Networks Profile
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.
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