Crexendo (NASDAQ:CXDO) CFO Sells $314,028.00 in Stock

Key Points

• CFO Ron Vincent sold 33,550 shares on May 6 at an average $9.36 for $314,028 (plus additional sales on May 4–5), cutting his stake by 22.06%; several other insiders (CRO, CEO, COO) also disclosed large sales this week, which could increase short‑term supply and raise governance/ownership questions.
• Crexendo beat Q1 estimates with revenue $20.7M (~29% YoY) and EPS $0.10 vs. $0.08 consensus, prompting Needham to raise its price target to $12 and contributing to heavy trading as the stock neared its one‑year high; analysts’ consensus target is about $10.40 with mostly Buy ratings.

Crexendo Inc. (NASDAQ:CXDO - Get Free Report) 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 shares were 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 value of $154,570.46.

Crexendo Stock Performance

CXDO stock traded up $0.08 during midday trading on Thursday, hitting $9.82. 452,366 shares of the company's stock were exchanged, compared to its average volume of 206,757. Crexendo Inc. has a one year low of $5.08 and a one year high of $9.84. The stock's fifty day moving average price is $6.52 and its 200-day moving average price is $6.60. The company has a market cap of $305.83 million, a PE ratio of 65.45 and a beta of 0.93.

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

Crexendo News Summary

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CXDO. Bank of America Corp DE boosted its holdings in 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. NewEdge Advisors LLC raised its position in Crexendo by 28.1% during the first quarter. NewEdge Advisors LLC now owns 74,125 shares of the company's stock worth $361,000 after acquiring an additional 16,267 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Crexendo during the first quarter worth $431,000. Geode Capital Management LLC raised its position in Crexendo by 120.1% during the second quarter. Geode Capital Management LLC now owns 318,001 shares of the company's stock worth $1,930,000 after acquiring an additional 173,530 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Crexendo during the second quarter worth $41,000. Institutional investors and hedge funds own 9.53% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CXDO shares. Wall Street Zen cut Crexendo from a "strong-buy" rating to a "buy" rating in a report on Friday, January 23rd. Lake Street Capital reissued a "buy" rating and issued a $11.00 target price on shares of Crexendo in a research report on Wednesday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Crexendo in a research note on Wednesday, April 8th. Finally, Needham & Company LLC increased their target price on shares of Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a report on Wednesday. Four research 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 has an average rating of "Moderate Buy" and a consensus 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.

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