Douglas Walter Gaylor Sells 10,000 Shares of Crexendo (NASDAQ:CXDO) Stock

Crexendo Inc. (NASDAQ:CXDO) COO Douglas Walter Gaylor sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $8.66, for a total transaction of $86,600.00. Following the completion of the sale, the chief operating officer directly owned 251,413 shares in the company, valued at approximately $2,177,236.58. This represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Douglas Walter Gaylor also recently made the following trade(s):

• On Wednesday, May 6th, Douglas Walter Gaylor sold 20,000 shares of Crexendo stock. The shares were sold at an average price of $9.37, for a total transaction of $187,400.00.

Crexendo Trading Up 0.4%

Shares of NASDAQ:CXDO opened at $9.78 on Friday. Crexendo Inc. has a 52 week low of $5.08 and a 52 week high of $9.84. The company’s 50 day moving average is $6.60 and its two-hundred day moving average is $6.63. The company has a market cap of $317.07 million, a PE ratio of 65.20 and a beta of 0.93.

Crexendo (NASDAQ:CXDO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. The company had revenue of $20.71 million for the quarter, compared to the consensus estimate of $19.63 million. Crexendo had a net margin of 6.15% and a return on equity of 13.84%. As a group, equities research analysts expect that Crexendo Inc. will post 0.27 EPS for the current year.

Hedge Funds Weigh In On Crexendo

Several hedge funds have recently made changes to their positions in the company. D.A. Davidson & CO. grew its holdings in shares of Crexendo by 3.5% during the first quarter. D.A. Davidson & CO. now owns 38,463 shares of the company’s stock worth $237,000 after purchasing an additional 1,311 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Crexendo by 2.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 94,318 shares of the company’s stock worth $610,000 after purchasing an additional 2,260 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Crexendo by 71.7% during the fourth quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock worth $32,000 after purchasing an additional 2,578 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Crexendo by 172.6% during the third quarter. BNP Paribas Financial Markets now owns 4,394 shares of the company’s stock worth $29,000 after purchasing an additional 2,782 shares during the last quarter. Finally, Independent Advisor Alliance grew its holdings in shares of Crexendo by 13.2% during the third quarter. Independent Advisor Alliance now owns 24,725 shares of the company’s stock worth $161,000 after purchasing an additional 2,890 shares during the last quarter. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Trending Headlines about Crexendo

Here are the key news stories impacting Crexendo this week:

• Positive Sentiment: Q1 2026 results topped expectations — revenue $20.7M and EPS $0.10 vs. consensus $0.08, with continued GAAP profitability and accelerated growth that underpin upward re‑rating. Q1 Results
• Positive Sentiment: Needham raised its price target to $12.00 and reiterated a Buy, giving a clear analyst catalyst and implied upside that can attract buying interest. Needham Upgrade
• Positive Sentiment: Market commentary and press coverage highlight “momentum building” and accelerating growth, reinforcing the positive narrative from the quarter and the analyst upgrade. Momentum Coverage
• Neutral Sentiment: Management will meet investors at Needham and LD Micro conferences next week — a chance to deepen the buy‑side’s understanding of the ESI acquisition and growth drivers but not an immediate earnings surprise. Conference Announcement
• Neutral Sentiment: Earnings call transcript and analyst notes provide detail on customer wins, margins and product mix — useful for assessing sustainability of the beat but not a direct price mover on its own. Earnings Call Transcript
• Negative Sentiment: Significant insider selling by multiple executives (CEO, COO, CFO, CRO) over May 4–6 — large blocks sold at ~$8.1–$9.4 could create short‑term selling pressure and raise governance/ownership questions for some investors. CEO filing: CEO Form 4; COO filings: COO Form 4; CFO filing: CFO Form 4; CRO disclosure: CRO Form 4

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Needham & Company LLC boosted their target price on Crexendo from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday. Wall Street Zen downgraded shares of Crexendo from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Weiss Ratings raised shares of Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Lake Street Capital reaffirmed a “buy” rating and set a $11.00 price objective on shares of Crexendo in a report on Wednesday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.40.

About Crexendo

Crexendo, Inc (NASDAQ: CXDO) is a provider of cloud-based communications and collaboration solutions tailored to businesses of varying sizes. The company’s flagship offering, CXsuite, integrates enterprise-grade voice, video conferencing, instant messaging, presence, and contact center functionality into a single platform delivered over the internet. By leveraging hosted infrastructure and a subscription-based model, Crexendo aims to reduce on-premises hardware costs and simplify management for IT teams and resellers.

Crexendo’s product portfolio includes a multi-tenant cloud PBX, SIP trunking, session border controllers and an application programming interface (API) suite that allows partners and customers to embed real-time communications into custom workflows.