Ron Vincent Sells 18,989 Shares of Crexendo (NASDAQ:CXDO) Stock

Key Points

• CFO Ron Vincent sold shares: Vincent sold 18,989 shares on May 4 at an average $8.14 (total ~$154.6K) and additionally sold 10,000 shares on May 5 and 33,550 on May 6, trimming his stake by 10.49% to 162,087 shares (~$1.32M).
• Broader insider selling: Other insiders also unloaded stock this week—CRO Jon Brinton sold 114,795 shares and both the CEO and COO disclosed multi‑thousand share sales—raising potential short‑term supply and governance/ownership concerns.
• Strong quarterly results and analyst support: Crexendo beat Q1 estimates with $20.7M revenue (~29% YoY) and $0.10 EPS, prompting Needham to raise its target to $12 and leaving the stock trading near its 52‑week high (~$9.82).

Crexendo Inc. (NASDAQ:CXDO - Get Free Report) CFO Ron Vincent sold 18,989 shares of Crexendo stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $8.14, for a total value of $154,570.46. Following the sale, the chief financial officer directly owned 162,087 shares in the company, valued at approximately $1,319,388.18. This trade represents a 10.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $9.36, for a total value of $314,028.00.
• 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 value of $86,300.00.

Crexendo Price Performance

Shares of NASDAQ CXDO traded up $0.08 during midday trading on Thursday, reaching $9.82. 452,366 shares of the company traded hands, compared to its average volume of 206,757. The stock has a 50-day moving average price of $6.52 and a 200 day moving average price of $6.60. The company has a market cap of $305.83 million, a price-to-earnings ratio of 65.45 and a beta of 0.93. Crexendo Inc. has a 52 week low of $5.08 and a 52 week high of $9.84.

Crexendo (NASDAQ:CXDO - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 EPS 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 the consensus estimate of $19.63 million. Crexendo had a net margin of 6.15% and a return on equity of 14.49%. As a group, analysts expect that Crexendo Inc. will post 0.27 EPS for the current year.

Institutional Investors Weigh In On Crexendo

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of Crexendo by 172.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,394 shares of the company's stock valued at $29,000 after purchasing an additional 2,782 shares during the period. Strive Financial Group LLC acquired a new stake in shares of Crexendo during the fourth quarter worth approximately $31,000. Bank of America Corp DE grew its position in 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 purchasing an additional 2,578 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Crexendo in the 2nd quarter valued at approximately $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Crexendo in the 2nd quarter worth approximately $48,000. 9.53% of the stock is currently owned by institutional investors and hedge funds.

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

Analysts Set New Price Targets

A number of research firms have weighed in on CXDO. Lake Street Capital restated a "buy" rating and issued a $11.00 target price on shares of Crexendo in a research report on Wednesday. Needham & Company LLC upped their target price on Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a research report on Wednesday. Wall Street Zen downgraded Crexendo from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 23rd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Crexendo in a research report on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.

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