Extreme Networks, Inc. (EXTR) Is At $12.70 Formed Wedge; Luminus Management Has Cut Olin (OLN) Holding By $33.85 Million

Extreme Networks, Inc. (EXTR) formed wedge up with $13.21 target or 4.00% above today’s $12.70 share price. Extreme Networks, Inc. (EXTR) has $1.44 billion valuation. The stock increased 1.44% or $0.18 during the last trading session, reaching $12.7. About 1.22 million shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has risen 157.68% since January 3, 2017 and is uptrending. It has outperformed by 140.98% the S&P500.

Luminus Management Llc decreased Olin Corp (OLN) stake by 60.07% reported in 2017Q3 SEC filing. Luminus Management Llc sold 995,726 shares as Olin Corp (OLN)’s stock rose 1.10%. The Luminus Management Llc holds 661,842 shares with $22.67M value, down from 1.66 million last quarter. Olin Corp now has $6.10 billion valuation. The stock increased 2.92% or $1.04 during the last trading session, reaching $36.62. About 1.62 million shares traded or 7.17% up from the average. Olin Corporation (NYSE:OLN) has risen 51.90% since January 3, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Analysts await Extreme Networks, Inc. (NASDAQ:EXTR) to report earnings on February, 7. They expect $0.10 earnings per share, up 11.11% or $0.01 from last year’s $0.09 per share. EXTR’s profit will be $11.34M for 31.75 P/E if the $0.10 EPS becomes a reality. After $0.12 actual earnings per share 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 dived, 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. Credit Agricole S A owns 0.04% invested in Extreme Networks, Inc. (NASDAQ:EXTR) for 917,300 shares. Paradigm Asset Limited Liability Corporation stated it has 0.05% in Extreme Networks, Inc. (NASDAQ:EXTR). Adi Management Ltd Co, New York-based fund reported 1.61 million shares. Aqr Mgmt Ltd stated it has 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Macquarie Grp Ltd invested in 0% or 75,279 shares. Zacks Invest Mngmt holds 0.01% or 46,086 shares. Acadian Asset Mgmt Limited Liability Company accumulated 243,742 shares. Sg Americas Securities Ltd Liability holds 0% in Extreme Networks, Inc. (NASDAQ:EXTR) or 9,787 shares. Sanctuary Wealth Advsr Limited Co holds 0.01% or 700 shares. Morgan Stanley owns 357,168 shares or 0% of their US portfolio. Redwood Ltd Company reported 428,542 shares or 0.58% of all its holdings. Great West Life Assurance Can has invested 0% in Extreme Networks, Inc. (NASDAQ:EXTR). Qs Ltd Liability reported 1,332 shares or 0% of all its holdings. 1.29 million were reported by Geode Limited Liability Corporation. Castleark Mgmt Limited Liability Company has invested 0.17% in Extreme Networks, Inc. (NASDAQ:EXTR).

Since August 21, 2017, it had 0 buys, and 1 sale for $1.05 million activity. MEYERCORD EDWARD had sold 100,000 shares worth $1.05M on Monday, August 21.

Among 5 analysts covering Extreme Networks Inc (NASDAQ:EXTR), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks Inc had 11 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by Wunderlich on Thursday, September 15. The stock has “Buy” rating by Needham on Friday, June 2. DA Davidson upgraded Extreme Networks, Inc. (NASDAQ:EXTR) rating on Thursday, September 15. DA Davidson has “Buy” rating and $5 target. Needham maintained Extreme Networks, Inc. (NASDAQ:EXTR) rating on Monday, September 19. Needham has “Buy” rating and $4.75 target. The stock has “Buy” rating by Wunderlich on Thursday, September 10. Craig Hallum maintained Extreme Networks, Inc. (NASDAQ:EXTR) on Wednesday, November 8 with “Buy” rating. The stock has “Hold” rating by Zacks on Friday, August 14.

Since August 2, 2017, it had 0 buys, and 3 selling transactions for $1.41 million activity. Shares for $151,724 were sold by Curley Stephen C on Tuesday, August 15. $756,931 worth of stock was sold by MCINTOSH JOHN L on Friday, August 4.

Analysts await Olin Corporation (NYSE:OLN) to report earnings on January, 30. They expect $0.41 EPS, up 32.26% or $0.10 from last year’s $0.31 per share. OLN’s profit will be $68.24 million for 22.33 P/E if the $0.41 EPS becomes a reality. After $0.35 actual EPS reported by Olin Corporation for the previous quarter, Wall Street now forecasts 17.14% EPS growth.

Among 11 analysts covering Olin Corporation (NYSE:OLN), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Olin Corporation had 37 analyst reports since August 6, 2015 according to SRatingsIntel. Susquehanna upgraded the shares of OLN in report on Thursday, August 6 to “Positive” rating. On Tuesday, June 28 the stock rating was upgraded by Cowen & Co to “Outperform”. The firm has “Buy” rating given on Wednesday, November 1 by SunTrust. The company was downgraded on Thursday, February 2 by Monness Crespi & Hardt. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, September 8 report. The stock of Olin Corporation (NYSE:OLN) has “Buy” rating given on Friday, July 28 by Cowen & Co. As per Friday, October 30, the company rating was upgraded by RBC Capital Markets. The firm has “Buy” rating by Nomura given on Thursday, January 7. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, June 20 report. Monness Crespi upgraded Olin Corporation (NYSE:OLN) on Thursday, February 4 to “Buy” rating.

Luminus Management Llc increased Berry Global Group Inc (NYSE:BERY) stake by 493,572 shares to 2.46M valued at $139.57M in 2017Q3. It also upped United Parcel Service Inc (NYSE:UPS) stake by 12,200 shares and now owns 665,725 shares. Echo Global Logistics Inc (NASDAQ:ECHO) was raised too.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.12, from 1.07 in 2017Q2. It turned negative, as 33 investors sold OLN shares while 95 reduced holdings. 42 funds opened positions while 79 raised stakes. 147.38 million shares or 2.64% less from 151.38 million shares in 2017Q2 were reported. Ftb Advsr Inc reported 411 shares or 0% of all its holdings. Cap Management Assocs invested in 12,000 shares or 0.59% of the stock. Vident Advisory Limited Liability Co accumulated 0.03% or 13,836 shares. Mufg Americas, a New York-based fund reported 300 shares. The Oregon-based Oregon Pub Employees Retirement Fund has invested 0.03% in Olin Corporation (NYSE:OLN). South Dakota Inv Council has invested 0.13% in Olin Corporation (NYSE:OLN). The Missouri-based Sterneck Capital Management Ltd Liability Co has invested 0.18% in Olin Corporation (NYSE:OLN). Raymond James Fincl accumulated 0% or 19,075 shares. Nationwide Fund Advisors holds 0.04% in Olin Corporation (NYSE:OLN) or 292,000 shares. Messner & Smith Theme Value Investment Mgmt Ltd Ca invested 1.78% of its portfolio in Olin Corporation (NYSE:OLN). Segall Bryant And Hamill Lc stated it has 154,464 shares. Lpl Fin Limited Liability Co accumulated 49,124 shares. Caxton Ltd Partnership invested 0.35% of its portfolio in Olin Corporation (NYSE:OLN). Vanguard Group Inc Inc Inc stated it has 14.37 million shares. The Wisconsin-based Oarsman Capital Inc has invested 1.81% in Olin Corporation (NYSE:OLN).