Extreme Networks (EXTR) Soars 3.52% to 2025 High

Extreme Networks (EXTR) shares surged 3.52% today, marking the third consecutive day of gains, with a cumulative increase of 3.86% over the past three days. The stock price reached its highest level since February 2025, with an intraday gain of 3.49%.

The strategy of buying EXTR shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -3.6%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a reliable strategy for EXTR.

Extreme Networks' stock price has shown a slight positive change in recent performance, with a 0.211% gain on the last trading day, rising from $16.59 to $16.63. This movement indicates a positive trend in the stock's performance, which could influence investor sentiment and stock price.

Extreme Networks has a consensus target price of $18.92, suggesting a potential upside of 13.75%. This stronger consensus rating and higher target price could positively influence investor sentiment and stock price, making it an attractive option for investors looking for potential growth.

GAMMA Investing LLC has increased its holdings in Extreme Networks, indicating increased investment activity. This could be a positive signal for the stock, as it suggests that institutional investors are bullish on the company's prospects and are willing to invest more in its shares.