Crexendo (NASDAQ:CXDO) CFO Ron Vincent Sells 10,000 Shares

Key Points

• Significant insider selling: CFO Ron Vincent sold 62,539 shares across May 4–6 for roughly $554,900, cutting his stake to 152,087 shares, and other executives (including CRO Jon Brinton) disclosed large sales this week.
• Q1 beat and momentum: Crexendo reported Q1 revenue of $20.71M (≈29% YoY) and EPS of $0.10 versus a $0.08 consensus, supporting positive press around growth and the recent acquisition.
• Market reaction and analyst support: Shares traded up to $9.82 on elevated volume (452K vs. avg 207K); analysts have a consensus "Moderate Buy" with an average target of $10.40 and Needham raising its target to $12.

Crexendo Inc. (NASDAQ:CXDO - Get Free Report) 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 completion of the sale, the chief financial officer owned 152,087 shares in the company, valued at approximately $1,312,510.81. This trade represents a 6.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 NASDAQ CXDO traded up $0.08 during trading on Thursday, hitting $9.82. The company had a trading volume of 452,366 shares, compared to its average volume of 206,757. The stock has a fifty day simple moving average of $6.52 and a two-hundred day simple moving average of $6.60. Crexendo Inc. has a fifty-two week low of $5.08 and a fifty-two week high of $9.84. The firm has a market capitalization of $305.83 million, a price-to-earnings ratio of 65.45 and a beta of 0.93.

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

Hedge Funds Weigh In On Crexendo

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in 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 period. Strive Financial Group LLC purchased a new position in Crexendo during the fourth quarter worth about $31,000. Bank of America Corp DE increased its position 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 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 second quarter valued at about $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Crexendo during the second quarter valued at about $48,000. 9.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CXDO has been the topic of several research reports. Needham & Company LLC raised their price target on shares of Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday. Weiss Ratings reissued a "hold (c)" rating on shares of Crexendo in a research note on Wednesday, April 8th. Wall Street Zen downgraded shares of Crexendo from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 23rd. Finally, Lake Street Capital reaffirmed a "buy" rating and set a $11.00 target price on shares of Crexendo in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Crexendo presently has a consensus rating of "Moderate Buy" and an average price target of $10.40.

Key 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

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.

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