Extreme Networks, Inc. (EXTR) Is At $13.33 Formed Wedge; Siliconware Precision Inst Ads (SPIL) Shorts Down By 30.8%

Extreme Networks, Inc. (EXTR) formed wedge up with $14.13 target or 6.00% above today’s $13.33 share price. Extreme Networks, Inc. (EXTR) has $1.51 billion valuation. The stock increased 1.29% or $0.17 during the last trading session, reaching $13.33. About 1.21 million shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has risen 157.68% since January 13, 2017 and is uptrending. It has outperformed by 140.98% the S&P500.

Siliconware Precision Inst Ads (NASDAQ:SPIL) had a decrease of 30.8% in short interest. SPIL’s SI was 118,400 shares in January as released by FINRA. Its down 30.8% from 171,100 shares previously. With 73,600 avg volume, 2 days are for Siliconware Precision Inst Ads (NASDAQ:SPIL)’s short sellers to cover SPIL’s short positions. The SI to Siliconware Precision Inst Ads’s float is 0.03%. The stock decreased 0.12% or $0.01 during the last trading session, reaching $8.39. About 43,066 shares traded. Siliconware Precision Industries Co., Ltd. (NASDAQ:SPIL) has risen 17.43% since January 13, 2017 and is uptrending. It has outperformed by 0.73% the S&P500.

Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services in the United States, China, Taiwan, Europe, and internationally. The company has market cap of $5.15 billion. It provides packaging and testing solutions, including advanced packages, substrate packages, and lead-frame packages, as well as testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices. It has a 21.79 P/E ratio. The firm also offers turnkey services; and flip-chip and wafer bumping services.

Among 5 analysts covering Siliconware Precision (NASDAQ:SPIL), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Siliconware Precision had 5 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by Zacks given on Wednesday, September 2. The rating was downgraded by Societe Generale to “Hold” on Monday, July 27. The company was downgraded on Wednesday, October 28 by Jefferies. The firm has “Neutral” rating by Citigroup given on Wednesday, April 27. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, December 23 report.

Among 6 analysts covering Extreme Networks Inc (NASDAQ:EXTR), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks Inc had 12 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, June 2 by Needham. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by Wunderlich on Thursday, September 15. The firm has “Buy” rating given on Thursday, September 10 by Wunderlich. On Thursday, September 15 the stock rating was upgraded by DA Davidson to “Buy”. The stock has “Buy” rating by JMP Securities on Wednesday, January 3. Needham maintained the shares of EXTR in report on Monday, September 19 with “Buy” rating. Zacks upgraded the shares of EXTR in report on Friday, August 14 to “Hold” rating. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) has “Buy” rating given on Wednesday, November 8 by Craig Hallum.

Analysts await Extreme Networks, Inc. (NASDAQ:EXTR) to report earnings on February, 7. They expect $0.10 EPS, up 11.11% or $0.01 from last year’s $0.09 per share. EXTR’s profit will be $11.34 million for 33.33 P/E if the $0.10 EPS becomes a reality. After $0.12 actual EPS reported by Extreme Networks, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.20, from 1.17 in 2017Q2. It worsened, as 20 investors sold Extreme Networks, Inc. shares while 67 reduced holdings. 27 funds opened positions while 57 raised stakes. 90.45 million shares or 3.24% more from 87.61 million shares in 2017Q2 were reported. Geode Capital Mngmt Ltd Liability Corporation has invested 0.01% in Extreme Networks, Inc. (NASDAQ:EXTR). Cadence Mngmt Limited Liability Company invested 0.08% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR). Ironwood Investment Mgmt Limited Com accumulated 247,293 shares. 65,471 were accumulated by Origin Asset Mngmt Ltd Liability Partnership. Guggenheim Limited Com invested 0% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR). California Pub Employees Retirement Systems owns 346,012 shares. Thompson Davis Com reported 8,100 shares. Boothbay Fund Mngmt Lc holds 0.08% or 41,837 shares. Commercial Bank Of America De has 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 63,864 shares. Capital Fund Sa invested in 58,500 shares. Citadel Ltd Liability Corp has 0% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 91,767 shares. Fuller Thaler Asset has invested 0.06% in Extreme Networks, Inc. (NASDAQ:EXTR). Point72 Asia (Hong Kong) Limited has 0.01% invested in Extreme Networks, Inc. (NASDAQ:EXTR). 69,543 were reported by Los Angeles Cap Mgmt & Equity. Boston Ltd holds 73,440 shares.

Since August 21, 2017, it had 0 insider buys, and 1 sale for $1.05 million activity. $1.05 million worth of Extreme Networks, Inc. (NASDAQ:EXTR) shares were sold by MEYERCORD EDWARD.