SEC Form SC 13G/A filed

2/10/21 4:03:52 PM ET

Computer Communications Equipment

Telecommunications

Get the next $EXTR alert in real time by email

SC 13G/A 1 extr13gafeb102021.txt SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 13G (Rule 13d-102) (Amendment No.5) Extreme Networks, Inc. (Name of Issuer) Common Stock 30226d106 (CUSIP Number) December 31, 2020 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] 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. CUSIP NO. 30226d106 Page 2 of 4 Pages 1) Name of Reporting Person(s) I.R.S. Identification No. of Above Person (entities only) Paradigm Capital Management, Inc. 14-1770168 ----------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a)_____ (b)_____ Not Applicable ----------------------------------------------------------------------------- 3) SEC Use Only ----------------------------------------------------------------------------- 4) Citizenship or Place of Organization New York ----------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH (5) Sole Voting Power 7,295,900 (6) Shared Voting Power -0- (7) Sole Dispositive Power 7,295,900 (8) Shared Dispositive Power -0- ----------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 7,295,900 ----------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable ----------------------------------------------------------------------------- 11) Percent of Class Represented by Amount In Row (9) 5.89% ----------------------------------------------------------------------------- 12) Type of Reporting Person IA ----------------------------------------------------------------------------- CUSIP NO. 30226d106 Page 3 of 4 Pages Item 1(a) Name of Issuer: Extreme Networks, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 6480 Via Del Oro, San Jose, California 95119 Item 2(a) Name of Person Filing: Paradigm Capital Management, Inc. Item 2(b) Address of Principal Business Office: Nine Elk Street, Albany, New York 12207 Item 2(c) Citizenship: A New York State Corporation Item 2(d) Title of Class of Securities: Common Stock Item 2(e) Cusip Number: 30226d106 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d- (b) or 9c), check whether the person filing is a: (e) [X] an investment adviser in accordance with 240.13d-1(b) (1)(ii)(E). Item 4. Ownership. (a) Amount beneficially owned: 7,295,900 (b) Percent of class: 5.89% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 7,295,900 (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 7,295,900 (iv) Shared power to dispose or to direct the disposition of: -0- CUSIP NO. 30226d106 Page 4 of 4 Pages Item 5. Ownership of 5% or Less of a Class. If this statement is being filed to report the fact as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of more than 5% on Behalf of Another Person. All securities reported in this Schedule 13G Report are owned by advisory clients of the Reporting Person. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable Item 8 Identification and Classification of Members of the Group. Not Applicable Item 9 Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below I (we) certify that, to the best of my knowledge and belief, the securities referred to above were acquired 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 and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my (our) knowledge and belief, I (we) certify that the information set forth in this statement is true, complete and correct. Dated: February 10, 2021 PARADIGM CAPITAL MANAGEMENT, INC. By /s/ Thomas H. Signor Thomas H. Signor, Chief Compliance Officer Telephone: (518) 431-3500 - 4 -

Get the next $EXTR alert in real time by email

Recent Analyst Ratings for

$EXTR

Date	Price Target	Rating	Analyst
8/7/2025	$24.00	Hold → Buy	Lake Street
5/16/2024	$14.00	Hold → Buy	Craig Hallum
5/2/2024	$15.00 → $17.00	Neutral → Buy	Rosenblatt
4/15/2024	$14.00	Neutral → Buy	B. Riley Securities
2/1/2024	$19.00 → $15.00	Buy → Neutral	Rosenblatt
2/1/2024	$22.00 → $14.00	Buy → Neutral	UBS
11/1/2023		Buy → Hold	Lake Street
11/1/2023		Outperform → Perform	Oppenheimer

More analyst ratings

SEC Form SC 13G/A filed

2/10/21 4:03:52 PM ET

$EXTR

Computer Communications Equipment

Telecommunications

Get the next $EXTR alert in real time by email

Recent Analyst Ratings for

$EXTR

Date	Price Target	Rating	Analyst
8/7/2025	$24.00	Hold → Buy	Lake Street
5/16/2024	$14.00	Hold → Buy	Craig Hallum
5/2/2024	$15.00 → $17.00	Neutral → Buy	Rosenblatt
4/15/2024	$14.00	Neutral → Buy	B. Riley Securities
2/1/2024	$19.00 → $15.00	Buy → Neutral	Rosenblatt
2/1/2024	$22.00 → $14.00	Buy → Neutral	UBS
11/1/2023		Buy → Hold	Lake Street
11/1/2023		Outperform → Perform	Oppenheimer

More analyst ratings

SEC Form SC 13G/A filed

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$EXTR

SEC Form SC 13G/A filed

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$EXTR

$EXTR
SEC Filings

SEC Form 10-K filed by Extreme Networks Inc.

Extreme Networks Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by Extreme Networks Inc.

$EXTR
Analyst Ratings

Extreme Networks upgraded by Lake Street with a new price target

Extreme Networks upgraded by Craig Hallum with a new price target

Extreme Networks upgraded by Rosenblatt with a new price target

$EXTR
Insider Trading

EVP Chief Financial Officer Rhodes Kevin R converted options into 78,471 shares and covered exercise/tax liability with 34,842 shares, increasing direct ownership by 45% to 140,202 units (SEC Form 4)

Chief Legal Admin Sust Officer Motiey Katayoun converted options into 106,038 shares and covered exercise/tax liability with 52,577 shares (SEC Form 4)

PRESIDENT AND CEO Meyercord Edward converted options into 667,860 shares and covered exercise/tax liability with 262,805 shares, increasing direct ownership by 28% to 1,846,786 units (SEC Form 4)

$EXTR
Press Releases

Extreme Networks Reports Fourth Quarter and Fiscal Year 2025 Financial Results

Extreme Networks Schedules Investor Day for November 10th and Announces Investor Conference Participation for August and September 2025

Extreme Delivers Industry's First Integrated AI Networking Platform: Extreme Platform ONE Dramatically Accelerates Team Productivity and Performance

$EXTR
Large Ownership Changes

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

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