SouthernSun Small Cap Strategy added Extreme Networks to its portfolio, expecting growth potential

From Yahoo Finance: 2025-04-28 09:09:00

SouthernSun Asset Management, LLC released its Q1 2025 investor letter, reporting a -11.32% return for its Small Cap Strategy. Extreme Networks, Inc. was highlighted in the letter, with a one-month return of -5.59% and a market capitalization of $1.658 billion on April 25, 2025.

The investor letter stated that Extreme Networks, Inc. was a new addition to the strategy in Q1 2025. The company is positioned to disrupt the networking industry with a distributed environment focus, potentially growing revenues in the low double-digit range and offering product, distribution, and pricing advantages.

While Extreme Networks, Inc. is not among the 30 Most Popular Stocks Among Hedge Funds, the company was held in 30 hedge fund portfolios at the end of Q4 2024. Investors are encouraged to consider AI stocks for potentially higher returns within a shorter timeframe. Another article covers the best small cap tech stocks to buy, including Extreme Networks, Inc. and offers insights from hedge fund investor letters in Q1 2025.

Read more: Here’s Why SouthernSun Small Cap Strategy Added Extreme Networks (EXTR)