Southernnsun Asset Management, an investment management company, LLC, released the "Southernsun Small Cap Strategy" for investor letters for the first quarter of 2025. A copy of the letter can be downloaded here. In the first quarter, the total number of the strategy was -11.32% (net -11.48%), while the Russell 2000 index had a return of -9.48% and the Russell 2000 value index had a return of -7.74%. The total number of this strategy was -12.55% (net -13.21%), while the indexes during the same period were -4.01% and -3.12%, respectively. Also, check the top 5 holdings of this strategy for the best options for 2025.
Southernnsun Small Cap Strategy highlighted Extreme Networks, Inc in its first-quarter 2025 investor letter. (NASDAQ:EXTR) and other stocks. Extreme Networks, Inc. (NASDAQ:EXTR) Development and market network infrastructure equipment and related software. Extreme Networks, Inc. (NASDAQ:EXT) has a one-month return of -5.59%, and its shares have risen 8.14% over the past 52 weeks. April 25, 2025, Extreme Networks, Inc. (NASDAQ:EXTER) stock closed at $12.49 per share and had a market value of $1.658 billion.
Southernnsun Small Cap Strategy pointed out about Extreme Networks, Inc in its Q1 2025 Investor Letter. (NASDAQ:EXT) The following content:
“Extreme Network, Inc. (NASDAQ: Ext) is a new member of the small CAP strategy for the first quarter of 2025. Extreme Network is one of the top three participants in the network industry. While the industry is dominated by Cisco and Hewlett Packard (HPE), who share over 60% of the share, both Cisco and HPE take into account the product/architecture of the “data center”. However, Exter took a different attitude and developed their architecture with a distributed environment as the target market. We believe Extre has the opportunity to increase revenue in the low double-digit range and to undermine the industry by product, distribution and pricing advantages.
Customer service staff helps customers with complex network problems, which illustrates the customer support of communications equipment companies.
Extreme Networks, Inc. (NASDAQ:EXT) is not on the list of 30 most popular stocks in hedge funds. According to our database, at the end of the fourth quarter, 30 hedge fund portfolios owned Extreme Networks, Inc at the end of the fourth quarter. (NASDAQ:EXT), compared to 29 in the third quarter. Although we acknowledge Extreme Networks, Inc. The potential of (NASDAQ:EXT) is an investment, but our belief is that AI stocks have greater hope to offer higher returns and do so in a shorter time frame. If you are looking for AI stocks that are as promising as NVIDIA but have less than 5 times its earnings, check out our report Cheapest AI stocks.
In another post, we cover Extreme Networks, Inc. (NASDAQ:EXTR) and share a list of the best small CAP stocks to buy. Also, check out our Hedge Fund Investor Letters Q1 2025 page for more investors in hedge funds and other leading investors.
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Disclosure: None. This article was originally published in Insider Monkey.