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

Posted by Francis Steltz on May 18th, 2026

Crexendo Inc. (NASDAQ:CXDO – Get Free Report) COO Douglas Walter Gaylor sold 10,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $9.52, for a total transaction of $95,200.00. Following the completion of the sale, the chief operating officer directly owned 221,413 shares of the company’s stock, valued at $2,107,851.76. This trade represents a 4.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 value of $187,400.00.
On Tuesday, May 5th, Douglas Walter Gaylor sold 10,000 shares of Crexendo stock. The shares were sold at an average price of $8.66, for a total value of $86,600.00.

Crexendo Stock Performance

Shares of NASDAQ CXDO traded down $0.23 during midday trading on Monday, hitting $9.66. The company’s stock had a trading volume of 610,530 shares, compared to its average volume of 417,347. Crexendo Inc. has a 1-year low of $5.08 and a 1-year high of $9.90. The firm’s fifty day moving average price is $7.05 and its 200-day moving average price is $6.79. The firm has a market cap of $313.18 million, a P/E ratio of 64.40 and a beta of 0.93.

Crexendo (NASDAQ:CXDO – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The firm had revenue of $20.71 million for the quarter, compared to analyst estimates of $19.63 million. Crexendo had a return on equity of 13.84% and a net margin of 6.15%. As a group, research analysts predict that Crexendo Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on CXDO. Needham & Company LLC lifted their price target on Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Lake Street Capital reaffirmed a “buy” rating and issued a $11.00 price target on shares of Crexendo in a research report on Wednesday, May 6th. Wall Street Zen lowered Crexendo from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Weiss Ratings raised Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Four 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 price target of $10.40.

View Our Latest Report on Crexendo

Institutional Investors Weigh In On Crexendo

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CXDO. D.A. Davidson & CO. increased its holdings in shares of Crexendo by 3.5% in the first quarter. D.A. Davidson & CO. now owns 38,463 shares of the company’s stock worth $237,000 after acquiring an additional 1,311 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Crexendo by 2.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 94,318 shares of the company’s stock valued at $610,000 after buying an additional 2,260 shares during the period. Bank of America Corp DE raised its stake in 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 buying an additional 2,578 shares during the period. BNP Paribas Financial Markets raised its stake in 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 buying an additional 2,782 shares during the period. Finally, Independent Advisor Alliance raised its stake in Crexendo by 13.2% in the third quarter. Independent Advisor Alliance now owns 24,725 shares of the company’s stock valued at $161,000 after buying an additional 2,890 shares during the period. Institutional investors own 9.53% of the company’s stock.

About Crexendo

(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.