EXTR EXTREME NETWORKS INC
Price 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
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
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EXTR-1778105306247 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $29.58 awaiting T+1 | awaiting T+1 | — | $29.57 (−0.02%) |
|
Jun 2, 2026
7d ago
|
Insider Cluster
| $28.79 $29.61 | ▲ +2.85% | ▲ +2.45% | $29.57 (+2.71%) |
|
May 28, 2026
12d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $29.57 (+11.54%) |
|
May 28, 2026
12d ago
|
Insider Cluster
| $26.51 $28.13 | ▲ +6.11% | ▲ +5.85% | $29.57 (+11.54%) |
|
May 18, 2026
22d ago
|
Insider Cluster
| $23.54 $23.48 | ▼ −0.25% | ▼ −1.29% | $29.57 (+25.62%) |
|
May 1, 2026
5w ago
|
Insider Cluster
| $22.29 $22.84 | ▲ +2.47% | ▲ +2.81% | $29.57 (+32.66%) |
|
May 1, 2026
5w ago
|
Insider Cluster
| $22.29 $22.84 | ▲ +2.47% | ▲ +2.81% | $29.57 (+32.66%) |
|
Apr 29, 2026
5w ago
|
8-K
| $21.85 $22.09 | ▲ +1.10% | ▲ +0.08% | $29.57 (+35.33%) |
US Market Status
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