Crexendo (NASDAQ:CXDO) COO Douglas Walter Gaylor Sells 20,000 Shares

Key Points

• COO Douglas Walter Gaylor sold 20,000 shares on May 6 at $9.37 and 10,000 shares on May 5 at $8.66 (totaling $274,000); after the transactions he directly owns 231,413 shares and the May 6 filing recorded a 7.96% reduction in his position.
• Crexendo beat Q1 estimates with revenue of $20.71M (+29% YoY) and EPS $0.10 vs. $0.08, the stock jumped to $9.74 on heavy volume and analysts including Needham raised price targets (Needham to $12).

Crexendo Inc. (NASDAQ:CXDO - Get Free Report) COO Douglas Walter Gaylor sold 20,000 shares of Crexendo stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $9.37, for a total value of $187,400.00. Following the sale, the chief operating officer directly owned 231,413 shares of the company's stock, valued at approximately $2,168,339.81. The trade was a 7.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, May 5th, Douglas Walter Gaylor sold 10,000 shares of Crexendo stock. The stock was sold at an average price of $8.66, for a total value of $86,600.00.

Crexendo Price Performance

Shares of CXDO stock traded up $1.43 on Wednesday, hitting $9.74. The company's stock had a trading volume of 1,163,753 shares, compared to its average volume of 240,482. Crexendo Inc. has a fifty-two week low of $5.07 and a fifty-two week high of $9.78. The firm's fifty day moving average price is $6.52 and its 200-day moving average price is $6.60. The stock has a market capitalization of $303.40 million, a price-to-earnings ratio of 64.93 and a beta of 0.93.

Crexendo (NASDAQ:CXDO - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $20.71 million during 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 14.49%. Analysts predict that Crexendo Inc. will post 0.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Crexendo

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Essex Investment Management Co. LLC grew its holdings in Crexendo by 3.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 745,504 shares of the company's stock worth $4,846,000 after acquiring an additional 23,676 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Crexendo by 11.2% in the third quarter. Vanguard Group Inc. now owns 701,898 shares of the company's stock worth $4,562,000 after acquiring an additional 70,791 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Crexendo by 14.3% during the fourth quarter. Geode Capital Management LLC now owns 401,356 shares of the company's stock worth $2,598,000 after purchasing an additional 50,288 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Crexendo by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 328,127 shares of the company's stock worth $2,123,000 after purchasing an additional 5,241 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Crexendo by 4.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 320,499 shares of the company's stock valued at $2,083,000 after purchasing an additional 13,845 shares during the last quarter. 9.53% of the stock is 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 to $12 and initiated/maintained a Buy rating, implying further upside and likely supporting buying interest. Benzinga: Needham PT Raise The Fly: Needham PT Raise
• Positive Sentiment: Q1 2026 results beat estimates: revenue $20.71M (+29% YoY) and EPS $0.10 vs. consensus $0.08; GAAP net income ~$0.6M. The top-line beat and margin improvement are the fundamental drivers of the rally. Press Release: Q1 Results
• Neutral Sentiment: Earnings-call transcript is available for investors who want details on guidance, customer wins, or margin drivers — useful for confirming whether beats will persist. Seeking Alpha: Q1 Earnings Call Transcript
• Neutral Sentiment: Analyst coverage and write-ups (Zacks, MarketBeat, financial press) highlight the company topping estimates and compare key metrics to prior periods — these notes help investors assess sustainability but are informational rather than new catalysts. Zacks: Q1 Beat
• Neutral Sentiment: Pre-earnings coverage and previews (Yahoo Finance) circulated ahead of results; useful background but not a direct driver of today’s move. Yahoo Finance: Earnings Preview

Analysts Set New Price Targets

Several research analysts have recently issued reports on CXDO shares. Needham & Company LLC lifted their price objective on Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a report on Wednesday. Lake Street Capital reaffirmed a "buy" rating and issued a $11.00 target price on shares of Crexendo in a research report on Wednesday. Weiss Ratings reiterated a "hold (c)" rating on shares of Crexendo in a research note on Wednesday, April 8th. 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Crexendo presently has an average rating of "Moderate Buy" and an average target price 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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