Crexendo (NASDAQ:CXDO) Stock Price Up 1.5% – Here’s What Happened

01 Jan 2026, 19:37 by Michael Walen · The Markets Daily

Crexendo Inc. (NASDAQ:CXDO – Get Free Report) was up 1.5% on Tuesday . The company traded as high as $6.65 and last traded at $6.61. Approximately 124,051 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 126,485 shares. The stock had previously closed at $6.51.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Needham & Company LLC raised their price target on Crexendo from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Northland Securities set a $10.00 price target on Crexendo in a research note on Wednesday, November 5th. Wall Street Zen raised Crexendo from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. B. Riley reiterated a “buy” rating and issued a $8.00 price target (up previously from $7.50) on shares of Crexendo in a report on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Crexendo in a research report on Tuesday, October 14th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.08.

Get Our Latest Research Report on CXDO

Crexendo Trading Down 2.1%

The business has a 50-day moving average price of $6.66 and a 200 day moving average price of $6.31. The stock has a market capitalization of $198.82 million, a P/E ratio of 43.14 and a beta of 0.92.

Crexendo (NASDAQ:CXDO – Get Free Report) last released its quarterly earnings results on Tuesday, June 7th. The company reported $0.02 EPS for the quarter. The firm had revenue of $4.51 million during the quarter. Crexendo had a return on equity of 13.09% and a net margin of 6.58%. On average, sell-side analysts predict that Crexendo Inc. will post 0.14 earnings per share for the current fiscal year.

Insider Activity at Crexendo

In other news, CFO Ron Vincent sold 15,000 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $7.05, for a total value of $105,750.00. Following the sale, the chief financial officer directly owned 175,809 shares in the company, valued at $1,239,453.45. This represents a 7.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey G. Korn sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $7.14, for a total transaction of $71,400.00. Following the completion of the transaction, the chief executive officer owned 240,398 shares in the company, valued at $1,716,441.72. The trade was a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 65,000 shares of company stock worth $470,210. Company insiders own 47.20% of the company’s stock.

Institutional Investors Weigh In On Crexendo

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Crexendo in the second quarter valued at about $29,000. BNP Paribas Financial Markets increased its position in Crexendo by 172.6% in the third quarter. BNP Paribas Financial Markets now owns 4,394 shares of the company’s stock worth $29,000 after buying an additional 2,782 shares during the last quarter. Huntington National Bank bought a new position in Crexendo in the 2nd quarter worth about $30,000. Bank of America Corp DE lifted its stake 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 valued at $32,000 after acquiring an additional 2,578 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of Crexendo during the second quarter valued at approximately $41,000. 9.53% of the stock is currently owned by institutional investors and hedge funds.

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.