Douglas Walter Gaylor Sells 55,000 Shares of Crexendo (NASDAQ:CXDO) Stock

Posted by Francis Steltz on Jun 3rd, 2026

Crexendo Inc. (NASDAQ:CXDO – Get Free Report) COO Douglas Walter Gaylor sold 55,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $10.00, for a total transaction of $550,000.00. Following the transaction, the chief operating officer owned 227,816 shares of the company’s stock, valued at approximately $2,278,160. This represents a 19.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

On Tuesday, June 2nd, Douglas Walter Gaylor sold 5,000 shares of Crexendo stock. The shares were sold at an average price of $10.35, for a total transaction of $51,750.00.
On Monday, June 1st, Douglas Walter Gaylor sold 20,000 shares of Crexendo stock. The shares were sold at an average price of $9.99, for a total value of $199,800.00.
On Thursday, May 14th, Douglas Walter Gaylor sold 10,000 shares of Crexendo stock. The stock was sold at an average price of $9.52, for a total transaction of $95,200.00.
On Wednesday, May 6th, Douglas Walter Gaylor sold 20,000 shares of Crexendo stock. The stock was 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 stock was sold at an average price of $8.66, for a total transaction of $86,600.00.

Crexendo Price Performance

Crexendo stock traded down $0.44 during midday trading on Tuesday, hitting $10.03. The company’s stock had a trading volume of 1,448,552 shares, compared to its average volume of 668,582. Crexendo Inc. has a 1-year low of $5.13 and a 1-year high of $11.23. The company has a 50-day moving average price of $7.68 and a two-hundred day moving average price of $7.00. The company has a market cap of $325.17 million, a price-to-earnings ratio of 66.87 and a beta of 1.08.

Crexendo (NASDAQ:CXDO – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.08 by $0.02. Crexendo had a net margin of 6.15% and a return on equity of 13.84%. The firm had revenue of $20.71 million for the quarter, compared to analyst estimates of $19.63 million. Sell-side analysts forecast that Crexendo Inc. will post 0.36 EPS for the current year.

Institutional Investors Weigh In On Crexendo

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its holdings in 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 during the last quarter. NewEdge Advisors LLC grew its position in shares of Crexendo by 28.1% in the 1st quarter. NewEdge Advisors LLC now owns 74,125 shares of the company’s stock worth $361,000 after buying an additional 16,267 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Crexendo during the 1st quarter valued at about $431,000. Geode Capital Management LLC grew its position in Crexendo by 120.1% during the 2nd quarter. Geode Capital Management LLC now owns 318,001 shares of the company’s stock valued at $1,930,000 after purchasing an additional 173,530 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Crexendo during the 2nd quarter valued at about $41,000. 9.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CXDO has been the subject of a number of research analyst reports. Lake Street Capital restated a “buy” rating and set a $11.00 price objective on shares of Crexendo in a report on Wednesday, May 6th. Needham & Company LLC boosted their price objective on Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Crexendo has an average rating of “Moderate Buy” and a consensus target price of $10.40.

View Our Latest Stock Analysis on CXDO

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.