An Insider At Extreme Networks, Inc (EXTR) Lowers Exposure By Over 5,000 Shares

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Extreme Networks, Inc (NASDAQ:EXTR), saw an insider make a transaction altering his holdings with the company today. Senior Vice President Of Operations Frank Blohm disposed of a total of 6,000 shares of common stock, executed through two separate transactions at average prices ranging from $5.2349 to $5.242 per share; and following this move, has a total of 89,374 shares directly involved with the corporation. Extreme Networks, Inc (NASDAQ:EXTR) is a $501.83 million market cap company, that, together with its subsidiaries, is a provider of network infrastructure equipment and services for enterprises, data centers, and service providers. Moreover, the Company’s customers include businesses, hospitals, schools, hotels, telecommunications companies and government agencies globally.
Billionaire Chuck Royce is also an investor with the corporation. His hedge fund, Royce & Associates, altered its position recently, reporting a 12% increase in its activity over the course of the last fiscal quarter, and now hold a total of about 3.98 million shares worth approximately $17.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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