Crexendo (NASDAQ:CXDO) CFO Sells $86,300.00 in Stock

Crexendo Inc. (NASDAQ:CXDO) CFO Ron Vincent sold 10,000 shares of Crexendo stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $8.63, for a total transaction of $86,300.00. Following the sale, the chief financial officer owned 152,087 shares of the company’s stock, valued at approximately $1,312,510.81. This represents a 6.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, May 6th, Ron Vincent sold 33,550 shares of Crexendo stock. The shares were sold at an average price of $9.36, for a total transaction of $314,028.00.
• On Monday, May 4th, Ron Vincent sold 18,989 shares of Crexendo stock. The shares were sold at an average price of $8.14, for a total transaction of $154,570.46.

Crexendo Stock Up 0.8%

Shares of CXDO traded up $0.08 during trading on Thursday, reaching $9.82. 452,366 shares of the company traded hands, compared to its average volume of 206,757. Crexendo Inc. has a twelve month low of $5.08 and a twelve month high of $9.84. The stock has a market cap of $305.83 million, a PE ratio of 65.45 and a beta of 0.93. The stock has a 50-day simple moving average of $6.52 and a 200-day simple moving average of $6.60.

Crexendo (NASDAQ:CXDO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Crexendo had a net margin of 6.15% and a return on equity of 14.49%. The business had revenue of $20.71 million during the quarter, compared to analysts’ expectations of $19.63 million. On average, equities research analysts predict that Crexendo Inc. will post 0.27 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CXDO. Needham & Company LLC raised their price target on shares of Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday. Lake Street Capital reiterated a “buy” rating and issued a $11.00 price objective on shares of Crexendo in a research note on Wednesday. Wall Street Zen lowered Crexendo from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Crexendo in a research note on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $10.40.

Hedge Funds Weigh In On Crexendo

Several large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in Crexendo by 172.6% in the third quarter. BNP Paribas Financial Markets now owns 4,394 shares of the company’s stock valued at $29,000 after buying an additional 2,782 shares in the last quarter. Strive Financial Group LLC purchased a new position in shares of Crexendo in the 4th quarter valued at about $31,000. Bank of America Corp DE increased its holdings in shares of Crexendo by 71.7% in the 4th quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock valued at $32,000 after acquiring an additional 2,578 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Crexendo during the 2nd quarter worth about $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Crexendo during the 2nd quarter worth about $48,000. Hedge funds and other institutional investors own 9.53% of the company’s stock.

More Crexendo News

Here are the key news stories impacting Crexendo this week:

• Positive Sentiment: Needham raised its price target to $12.00 and reiterated a Buy, implying ~20–25% upside and lending institutional credibility to the stock’s growth story. Needham Price Target Raise
• Positive Sentiment: Q1 2026 beat: revenue $20.7M (≈29% YoY) and EPS $0.10 vs. consensus $0.08; GAAP net income ~ $0.6M—evidence of accelerating top‑line growth and profitability that supports multiple expansion. Q1 2026 Results
• Positive Sentiment: Press coverage highlights “momentum building” around accelerating growth and the recent ESI acquisition, reinforcing the bullish narrative behind the earnings beat and analyst upgrade. Momentum Article
• Neutral Sentiment: Management is presenting at upcoming investor conferences (Needham and LD Micro) — an opportunity for deeper investor Q&A and to sustain narrative, but not an immediate earnings event. Investor Conferences
• Neutral Sentiment: Earnings call transcript and analyst write‑ups provide additional detail on customer wins, margins and acquisition integration—helpful for judging sustainability but a slower catalyst. Earnings Call Transcript
• Negative Sentiment: Significant insider selling this week: CRO Jon Brinton sold 114,795 shares (SEC filing) and both the CEO and COO disclosed multi‑thousand share sales across May 4–6. Large insider disposals can create short‑term supply and raise governance/ownership questions for some investors. CRO Brinton SEC Filing

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.