EXTR EXTREME NETWORKS INC

NEUTRAL Impact: 2/10 Insider Cluster (3 insiders)
Horizon days Filed May 1, 2026 Processed 1mo ago
Insider cluster: 3 insiders, $2.4M total
Latest settled — T+20d ⚠ clustered
EXTR ▲ +26.20% at T+20d
NEUTRAL call ✓ call won +26.20% · α vs SPY +20.92% · entry $22.29 → $28.13
Next anchor: T+60d in 7w
Last close $29.57 (close Jun 8) · +32.66% from $22.29 entry
Entry anchored
Apr 30, 03:59 PM ET
via Databento tick
T+1d
+2.47%
call +2.47% · α +2.81%
$22.84
settled 6w ago
T+5d
+5.52%
call +5.52% · α +3.17%
$23.52
settled 5w ago
T+20d
+26.20%
call +26.20% · α +20.92%
$28.13
settled 12d ago
T+60d
call — · α —
in 7w

Price Chart

Loading chart...

Executive Summary

Three EXTR insiders (CEO, two directors) sold a total of ~$2.46M in open-market shares over the past week, a trivial 0.08% of the $3.1B market cap. The sales follow a bullish Q3 earnings beat and raised guidance, but the dollar amount is immaterial and likely routine portfolio diversification.

Key Financial Metrics

Direction
selling
Total Value
$2.5M
Insiders
3

Actionable Insight

The insider selling volume is too small to signal material concern, especially given the strong earnings report. Monitor for any acceleration in selling volume or C-suite departures over the next month.

Key Facts

  • CEO Edward Meyercord sold 50,000 shares at $22.08 for $1.10M (2026-05-01)
  • Director Edward Kennedy sold 50,000 shares at $22.86 for $1.14M (2026-05-04)
  • Director Raj Khanna sold 10,000 shares total at $22.20 for $222K (2026-04-30 and 2026-05-01)
  • Total open-market sales: ~$2.46M, or 0.08% of market cap
  • Meyercord also exercised stock options (non-cash transactions) for 100,000 shares, with 50,000 immediately sold

Financial Impact

Total insider sales of $2.46M represent a trivial 0.08% of EXTR's $3.1B market cap

Risk Factors

  • Insider sales could increase if management is concerned about valuation or growth sustainability
  • The stock has rallied post-earnings, creating a natural window for planned sales

Market Snapshot

Exchange
Nasdaq
Sector
Computer Communications Equipment
Analyst Consensus
86% bullish (14 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-EXTR-1778105306247
8 reports for EXTR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for EXTR — sortable, filterable
Type Now
Jun 8, 2026
1d ago
Insider Cluster
NEUTRAL ★ 4/10
$29.58 awaiting T+1awaiting T+1$29.57 (−0.02%)
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 3/10
$28.79 $29.61▲ +2.85%▲ +2.45%$29.57 (+2.71%)
May 28, 2026
12d ago
Insider Cluster
NEUTRAL ★ 3/10
$26.51 $28.13▲ +6.11%▲ +5.85%$29.57 (+11.54%)
May 28, 2026
12d ago
Insider Cluster
NEUTRAL ★ 3/10
$26.51 $28.13▲ +6.11%▲ +5.85%$29.57 (+11.54%)
May 18, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$23.54 $23.48▼ −0.25%▼ −1.29%$29.57 (+25.62%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$22.29 $22.84▲ +2.47%▲ +2.81%$29.57 (+32.66%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 4/10
$22.29 $22.84▲ +2.47%▲ +2.81%$29.57 (+32.66%)
Apr 29, 2026
5w ago
8-K
BULLISH ★ 7/10
$21.85 $22.09▲ +1.10%▲ +0.08%$29.57 (+35.33%)
Showing 8 of 8

US Market Status

Market Closed — Opens in 5h 27m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access