Key Points
- Insider selling: COO Douglas Gaylor sold a total of 30,000 shares across May 5–6 (20,000 at $9.37 and 10,000 at $8.66), cutting his stake by about 7.96%; CEO Jeffrey Korn also disclosed sales totaling 30,000 shares in the same window, with both trades reported on SEC Form 4 filings.
- Q1 beat and analyst upgrade: Crexendo reported Q1 revenue of $20.71M (~29% YoY) and EPS of $0.10 (vs. $0.08 consensus), and Needham raised its price target to $12 with a Buy rating, helping drive a roughly 17% market rally.
- Market snapshot: The stock opened at $9.74 near its 1‑year high (1‑yr high $9.78), with a market cap of about $303M, a PE of 64.9, and a consensus analyst price target of $10.40.
Crexendo Inc. (NASDAQ:CXDO - Get Free Report) COO Douglas Walter Gaylor sold 10,000 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $8.66, for a total transaction of $86,600.00. Following the sale, the chief operating officer owned 251,413 shares in the company, valued at approximately $2,177,236.58. This trade represents a 3.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Douglas Walter Gaylor also recently made the following trade(s):
- On Wednesday, May 6th, Douglas Walter Gaylor sold 20,000 shares of Crexendo stock. The shares were sold at an average price of $9.37, for a total transaction of $187,400.00.
Crexendo Stock Performance
Crexendo stock opened at $9.74 on Thursday. The stock has a market cap of $303.40 million, a P/E ratio of 64.93 and a beta of 0.93. The firm's fifty day moving average price is $6.52 and its 200-day moving average price is $6.60. Crexendo Inc. has a fifty-two week low of $5.07 and a fifty-two week high of $9.78.
Crexendo (NASDAQ:CXDO - Get Free Report) last issued its 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 analysts' expectations of $19.63 million. Crexendo had a net margin of 6.15% and a return on equity of 14.49%. On average, analysts predict that Crexendo Inc. will post 0.27 earnings per share for the current year.
Hedge Funds Weigh In On Crexendo
A number of hedge funds have recently modified their holdings of CXDO. BNP Paribas Financial Markets increased its position in shares of 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 acquiring an additional 2,782 shares during the period. Strive Financial Group LLC purchased a new position in shares of Crexendo in the fourth quarter valued at about $31,000. Bank of America Corp DE increased its position in shares of Crexendo by 71.7% in 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 period. JPMorgan Chase & Co. purchased a new position in shares of Crexendo in the second quarter valued at about $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Crexendo in the second quarter valued at about $48,000. Hedge funds and other institutional investors own 9.53% of the company's stock.
Analyst Ratings Changes
A number of equities analysts recently commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Crexendo in a research report on Wednesday, April 8th. Needham & Company LLC lifted their target price on shares of Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a research report on Wednesday. Lake Street Capital reiterated a "buy" rating and issued a $11.00 target price on shares of Crexendo in a research report on Wednesday. Finally, Wall Street Zen cut shares of Crexendo from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 23rd. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, Crexendo has an average rating of "Moderate Buy" and an average target price of $10.40.
Check Out Our Latest Stock Analysis on CXDO
Trending Headlines about Crexendo
Here are the key news stories impacting Crexendo this week:
- Positive Sentiment: Needham & Company raised its price target to $12.00 and assigned a Buy rating, implying roughly 23% upside from the recent reference price — a clear catalyst for buying interest. Article Title
- Positive Sentiment: Q1 2026 results topped expectations: revenue $20.7M (≈29% YoY growth) and EPS $0.10 vs. consensus $0.08, with GAAP net income of ~$0.6M — evidence of accelerating top‑line momentum that supports valuation expansion. Article Title
- Positive Sentiment: Coverage and market commentary highlight “momentum building” as growth accelerates, reinforcing the positive narrative from the quarter and the analyst upgrade. Article Title
- Neutral Sentiment: Earnings call transcript and analyst notes provide additional color on customer wins, margin trends and product mix — useful for investors assessing sustainability of the acceleration but not an immediate directional catalyst by itself. Article Title
- Negative Sentiment: Insider selling: CEO Jeffrey G. Korn disclosed sales totaling 30,000 shares across May 4–6, and COO Douglas Gaylor sold 30,000 shares in the same window. Large insider disposals can create short‑term selling pressure and raise governance/ownership questions for some investors. (CEO filing: Read More.; COO filing: Read More..)
Crexendo Company Profile
(
Get Free Report)
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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