Crexendo (NASDAQ:CXDO) CTO Sells $184,750.00 in Stock

Posted by Geri Gentry on Jun 16th, 2026

Crexendo Inc. (NASDAQ:CXDO – Get Free Report) CTO David Tzat-Kin Wang sold 25,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $7.39, for a total value of $184,750.00. Following the sale, the chief technology officer owned 584,747 shares in the company, valued at $4,321,280.33. This trade represents a 4.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

David Tzat-Kin Wang also recently made the following trade(s):

On Monday, June 15th, David Tzat-Kin Wang sold 25,000 shares of Crexendo stock. The shares were sold at an average price of $7.49, for a total transaction of $187,250.00.
On Tuesday, June 2nd, David Tzat-Kin Wang sold 25,000 shares of Crexendo stock. The shares were sold at an average price of $10.01, for a total transaction of $250,250.00.

Crexendo Trading Down 5.7%

Shares of CXDO traded down $0.43 during mid-day trading on Tuesday, reaching $7.05. The company had a trading volume of 573,108 shares, compared to its average volume of 343,450. The stock has a market cap of $228.56 million, a price-to-earnings ratio of 47.00 and a beta of 1.08. The firm has a fifty day simple moving average of $8.01 and a 200-day simple moving average of $7.10. Crexendo Inc. has a fifty-two week low of $5.18 and a fifty-two week high of $11.23.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in Crexendo by 172.6% during 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 bought a new stake in shares of Crexendo during the 4th quarter worth about $31,000. Bank of America Corp DE raised its holdings in shares of Crexendo by 71.7% in the 4th quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock worth $32,000 after purchasing an additional 2,578 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Crexendo in the 2nd quarter worth approximately $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Crexendo in the 2nd quarter worth approximately $48,000. 9.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CXDO. Weiss Ratings raised shares of Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Lake Street Capital reissued a “buy” rating and issued a $11.00 target price on shares of Crexendo in a research report on Wednesday, May 6th. Finally, Needham & Company LLC boosted 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, May 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.40.

Get Our Latest Research Report on Crexendo

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.