SEC Form SC 13G/A filed by Extreme Networks Inc. (Amendment)

$EXTR
Computer Communications Equipment
Telecommunications
Get the next $EXTR alert in real time by email
SC 13G/A 1 tv0865-extremenetworksinc.htm SCHEDULE 13G/A extremenetworksinc

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934
(Amendment No.: 5)*

Name of issuer:  Extreme Networks Inc.

Title of Class of Securities:  Common Stock

CUSIP Number:  30226D106

Date of Event Which Requires Filing of this Statement: December 31, 2021

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on the following page(s))

 

 

13G

CUSIP No.:  30226D106

1.  NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

The Vanguard Group - 23-1945930

2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

A. 

B.  X

3.  SEC USE ONLY

4.  CITIZENSHIP OF PLACE OF ORGANIZATION

Pennsylvania

(For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

5.  SOLE VOTING POWER

0

6.  SHARED VOTING POWER

239,550

7.  SOLE DISPOSITIVE POWER

10,902,014

8.  SHARED DISPOSITIVE POWER

343,289

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,245,303

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

N/A

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

8.66%

12.  TYPE OF REPORTING PERSON

IA

 

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G
Under the Securities Act of 1934

Item 1(a) - Name of Issuer:

Extreme Networks Inc.

Item 1(b) - Address of Issuer's Principal Executive Offices:

2121 Rdu Center Drive, Suite 300
Morrisville, NC 27560

Item 2(a) - Name of Person Filing:

The Vanguard Group - 23-1945930

Item 2(b) – Address of Principal Business Office or, if none, residence:

100 Vanguard Blvd.
Malvern, PA 19355

Item 2(c) – Citizenship:

Pennsylvania

Item 2(d) - Title of Class of Securities:

Common Stock

Item 2(e) - CUSIP Number

30226D106

Item 3 - Type of Filing:

This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

Item 4 - Ownership:

  (a) Amount Beneficially Owned:

  (b) Percent of Class:

 

 

(c)  Number of shares as to which such person has:

(i)  sole power to vote or direct to vote:  

(ii)  shared power to vote or direct to vote:  

(iii)  sole power to dispose of or to direct the disposition of:  

(iv)  shared power to dispose or to direct the disposition of:  

Comments:

The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

Item 5 - Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

No one other person's interest in the securities reported herein is more than 5%.

Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

Not applicable

Item 8 - Identification and Classification of Members of Group:

Not applicable

Item 9 - Notice of Dissolution of Group:

Not applicable

Item 10 - Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  February 9, 2022

By /s/ Christine M. Buchanan
Name: Christine M. Buchanan
Title:  Principal

Get the next $EXTR alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$EXTR

DatePrice TargetRatingAnalyst
5/16/2024$14.00Hold → Buy
Craig Hallum
5/2/2024$15.00 → $17.00Neutral → Buy
Rosenblatt
4/15/2024$14.00Neutral → Buy
B. Riley Securities
2/1/2024$19.00 → $15.00Buy → Neutral
Rosenblatt
2/1/2024$22.00 → $14.00Buy → Neutral
UBS
11/1/2023Buy → Hold
Lake Street
11/1/2023Outperform → Perform
Oppenheimer
9/22/2023$30.00Buy
UBS
More analyst ratings

$EXTR
Press Releases

Fastest customizable press release news feed in the world

See more
  • Extreme Networks Announces Appointment of Anisha Vaswani as Chief Information and Customer Officer

    Company creates new executive role to drive the interlock between innovation and customer experience Extreme Networks, Inc. (NASDAQ:EXTR), a leader in AI-powered automation for networking, today announced it has appointed Anisha Vaswani as Chief Information and Customer Officer (CICO). Vaswani will report directly to Extreme President and CEO Ed Meyercord. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312313303/en/Anisha Vaswani, Chief Information and Customer Officer at Extreme Networks (Photo: Business Wire) As CICO, Vaswani will develop and implement the company's overall IT strategy, ensuring that technology investments

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • United Soccer League Scores Next-Generation Wi-Fi, Intelligent Network Analytics with Extreme Networks

    Enhanced Wireless Connectivity and Network Insights Elevate Fan Experiences and Streamline League Operations Extreme Networks, Inc. (NASDAQ:EXTR), a leader in AI-powered automation for networking, today announced that it has been selected as the Official Wi-Fi Solutions and Analytics Supplier of the United Soccer League (USL), the largest and fastest-growing professional soccer organization in North America. With Extreme's industry-leading Wi-Fi and cloud networking solutions, USL teams can deliver seamless fan experiences, gain actionable insights on both fan behavior and network performance and benefit from streamlined operations. Modern stadium experiences, from retail POS systems to

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • Extreme Launches Platform ONE for Managed Service Providers

    Industry's first and only consumption-based billing model, with poolable licensing, creates significant benefits and cost savings for partners and customers alike Extreme Networks, Inc. (NASDAQ:EXTR), a leader in AI-powered automation for networking, today announced the upcoming general availability of Extreme Platform ONE™ for Managed Service Providers (MSPs). Built on a unique AI-driven multi-tenant architecture, consumption-based billing, and poolable licensing, Extreme Platform ONE delivers unmatched flexibility, simplicity, and cost savings, enabling MSPs to manage customers at scale. Extreme's MSP program allows partners to offer innovative networking, security, and AI solutions tha

    $EXTR
    Computer Communications Equipment
    Telecommunications

$EXTR
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$EXTR
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$EXTR
SEC Filings

See more

$EXTR
Leadership Updates

Live Leadership Updates

See more
  • Extreme Networks Announces Appointment of Anisha Vaswani as Chief Information and Customer Officer

    Company creates new executive role to drive the interlock between innovation and customer experience Extreme Networks, Inc. (NASDAQ:EXTR), a leader in AI-powered automation for networking, today announced it has appointed Anisha Vaswani as Chief Information and Customer Officer (CICO). Vaswani will report directly to Extreme President and CEO Ed Meyercord. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250312313303/en/Anisha Vaswani, Chief Information and Customer Officer at Extreme Networks (Photo: Business Wire) As CICO, Vaswani will develop and implement the company's overall IT strategy, ensuring that technology investments

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • Extreme Networks Strengthens Executive Leadership Team

    Norman Rice Named Chief Commercial Officer; Streamlines Go-to-Market Team to Drive Long-Term Growth Extreme Networks, Inc. (NASDAQ:EXTR) today announced it has strengthened and realigned its executive team. Norman Rice has been elevated to the role of Chief Commercial Officer. In his new role, Rice will focus on driving revenue growth and leading the company's sales, partner, services and supply chain organizations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240108426952/en/Norman Rice, Chief Commercial Officer, Extreme Networks (Photo: Business Wire) Rice joined the company in 2015 and most recently served as Chief Operat

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • Extreme Networks Appoints Monica Kumar as Chief Marketing Officer

    20+ Year Tech Marketing Veteran to Help Drive Company Through Next Phase of Growth Extreme Networks™, Inc. (NASDAQ:EXTR) today announced that Monica Kumar has been appointed as the company's new Executive Vice President and Chief Marketing Officer (CMO). Kumar brings extensive B2B marketing experience with a history of accelerating growth through compelling product differentiation and impactful, revenue generating go-to-market strategies. Kumar will lead the company's global marketing organization and report to Extreme's President and CEO, Ed Meyercord. Kumar has deep industry and technical knowledge of enterprise cloud computing and a proven track record of simplifying complex product

    $EXTR
    Computer Communications Equipment
    Telecommunications

$EXTR
Financials

Live finance-specific insights

See more
  • Extreme Networks Reports Second Quarter Fiscal Year 2025 Financial Results

    Consistent Execution Drives Third Quarter of Sequential Revenue Growth, Powering Earnings Above Guidance Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its second quarter ended December 31, 2024, highlighting continued market recovery in enterprise networking, and marking Extreme's third consecutive quarter of sequential revenue growth. "Our competitive win rates continue to improve, especially with larger enterprise customers. Our success is based on the simplicity and feature differentiation of our cloud networking platform and unique enterprise campus fabric solution. Changes in the competitive environment and early traction with our commercial

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • Extreme Networks Schedules Second Quarter 2025 Financial Results Conference Call

    Extreme Networks, Inc. (NASDAQ:EXTR), a leader in AI-powered automation for networking, today announced plans to release financial results for its second fiscal quarter 2025, ended December 31, 2024. The company will announce before market open on Wednesday, January 29, 2025, followed by an earnings conference call and webcast at 8:00 a.m. ET. The details for the webcast are: When: Wednesday, January 29, 2025 at 8:00 a.m. ET (5:00 a.m. PT) Where: http://investor.extremenetworks.com/ Dial in/webcast: To access the call by phone or webcast, please go to this link (Registration Link) and you will be provided with dial-in details. To avoid delays, we e

    $EXTR
    Computer Communications Equipment
    Telecommunications
  • Extreme Networks Reports First Quarter Fiscal Year 2025 Financial Results

    Beats Revenue and EPS Guidance Sequential Revenue Growth Drives Margin Improvement and Cash Flow Extreme Networks, Inc. ("Extreme") (NASDAQ:EXTR) today released financial results for its first quarter ended September 30, 2024. "Our first quarter results highlight the early stages of market recovery and upside from projects that closed earlier than anticipated. Extreme's differentiated enterprise networking solutions continue to resonate with customers and drive competitive wins. The strength of our cloud management platform, enhanced with our advanced AI tools, is evidenced by growth in SaaS ARR, which is up 23 percent year over year. The combination of our cloud, with our truly unique e

    $EXTR
    Computer Communications Equipment
    Telecommunications

$EXTR
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more