Crexendo (NASDAQ:CXDO) COO Douglas Walter Gaylor Sells 10,000 Shares

Crexendo Inc. (NASDAQ:CXDO) COO Douglas Walter Gaylor sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $8.66, for a total value of $86,600.00. Following the completion of the transaction, the chief operating officer owned 251,413 shares of the company’s stock, valued at $2,177,236.58. The trade was a 3.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 Price Performance

Shares of CXDO stock traded up $1.43 during mid-day trading on Wednesday, hitting $9.74. The company had a trading volume of 1,163,753 shares, compared to its average volume of 240,482. The stock’s 50 day moving average price is $6.52 and its 200-day moving average price is $6.60. Crexendo Inc. has a 52-week low of $5.07 and a 52-week high of $9.78. The company has a market capitalization of $303.40 million, a P/E ratio of 64.93 and a beta of 0.93.

Crexendo (NASDAQ:CXDO) last posted its earnings results 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. The company had revenue of $20.71 million during 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, equities research analysts expect that Crexendo Inc. will post 0.27 earnings per share for the current year.

Institutional Trading of Crexendo

Several hedge funds have recently made changes to their positions in CXDO. Bank of America Corp DE raised its position in shares of Crexendo by 71.7% during the 4th quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock valued at $32,000 after buying an additional 2,578 shares in the last quarter. NewEdge Advisors LLC grew its position in Crexendo by 28.1% in 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. purchased a new position in Crexendo in the first quarter worth about $431,000. Geode Capital Management LLC increased its stake 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 during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Crexendo during the second quarter worth approximately $41,000. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting 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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CXDO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Crexendo in a research report on Wednesday, April 8th. Needham & Company LLC raised their price target on Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday. Wall Street Zen downgraded 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 price objective on shares of Crexendo in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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.