Crexendo (NASDAQ:CXDO) CFO Ron Vincent Sells 33,550 Shares

Crexendo Inc. (NASDAQ:CXDO) CFO Ron Vincent sold 33,550 shares of Crexendo stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $9.36, for a total transaction of $314,028.00. Following the sale, the chief financial officer directly owned 118,537 shares of the company’s stock, valued at $1,109,506.32. This represents a 22.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Ron Vincent also recently made the following trade(s):

• On Tuesday, May 5th, Ron Vincent sold 10,000 shares of Crexendo stock. The stock was sold at an average price of $8.63, for a total transaction of $86,300.00.
• On Monday, May 4th, Ron Vincent sold 18,989 shares of Crexendo stock. The stock was sold at an average price of $8.14, for a total transaction of $154,570.46.

Crexendo Stock Up 0.4%

Shares of NASDAQ CXDO opened at $9.78 on Friday. The company’s fifty day moving average is $6.60 and its 200-day moving average is $6.63. The stock has a market cap of $317.07 million, a price-to-earnings ratio of 65.20 and a beta of 0.93. Crexendo Inc. has a twelve month low of $5.08 and a twelve month high of $9.84.

Crexendo (NASDAQ:CXDO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The company had revenue of $20.71 million for the quarter, compared to analysts’ expectations of $19.63 million. Crexendo had a net margin of 6.15% and a return on equity of 13.84%. On average, research analysts anticipate that Crexendo Inc. will post 0.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Crexendo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pembroke Management LTD raised its holdings in shares of Crexendo by 209.3% during the third quarter. Pembroke Management LTD now owns 195,371 shares of the company’s stock worth $1,270,000 after acquiring an additional 132,201 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of Crexendo during the third quarter worth $230,000. Potomac Capital Management Inc. acquired a new stake in shares of Crexendo during the fourth quarter worth $985,000. Globeflex Capital L P raised its holdings in shares of Crexendo by 593.3% during the fourth quarter. Globeflex Capital L P now owns 129,470 shares of the company’s stock worth $838,000 after acquiring an additional 110,795 shares during the period. Finally, Prospera Financial Services Inc raised its holdings in shares of Crexendo by 104.8% during the fourth quarter. Prospera Financial Services Inc now owns 58,920 shares of the company’s stock worth $381,000 after acquiring an additional 30,145 shares during the period. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Crexendo

Here are the key news stories impacting Crexendo this week:

• Positive Sentiment: Needham & Company raised its price target on CXDO to $12.00 and reiterated a Buy rating, implying notable upside from recent levels — a clear catalyst for demand. Read More.
• Positive Sentiment: Crexendo reported Q1 results that beat expectations (revenue ~$20.7M vs. consensus ~$19.6M; EPS $0.10 vs. $0.08) and management highlighted accelerating growth and profitability — supports the “momentum” narrative and valuation re‑rating. Read More.
• Positive Sentiment: Management will present at upcoming investor conferences (Needham TMC and LD Micro), providing forums to discuss the recent ESI acquisition and 11 consecutive quarters of GAAP profitability — increases visibility with institutional investors. Read More.
• Neutral Sentiment: Third‑party analyst writeups and transcripts (TipRanks/Seeks) provide additional context on customer wins, margins and product mix — useful for gauging sustainability but not an immediate directional catalyst alone. Read More.
• Negative Sentiment: Significant insider selling this week: CEO, COO, CFO and CRO disclosed multi‑ten thousand share sales across May 4–6 (several Form 4 filings). Large executive disposals can create short‑term selling pressure and raise governance/ownership questions for some investors. Read More.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CXDO. Weiss Ratings raised shares of Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Needham & Company LLC lifted their price target on shares of Crexendo from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday. Lake Street Capital reissued a “buy” rating and set a $11.00 price target on shares of Crexendo in a research report on Wednesday. Finally, Wall Street Zen lowered shares of Crexendo from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Crexendo currently has an average rating of “Moderate Buy” and an average price target of $10.40.

Crexendo Company Profile

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.