Insider transaction details
Crexendo, Inc. (NASDAQ:CXDO) disclosed that Chief Financial Officer Ron Vincent sold 1,011 shares of the companys common stock on January 22 at a price of $7.784 per share, producing total proceeds of $7,869. The transaction occurred near Crexendos 52-week high of $7.80; the company is currently trading at $6.88, which the filing indicates is close to its InvestingPro Fair Value.
According to a Form 4/A filing with the Securities and Exchange Commission, Vincent carried out additional transactions on January 25. The company withheld 90 shares and 91 shares to cover payroll taxes at a price of $7.45, yielding proceeds of $670 and $677, respectively. On that same date, Vincent exercised two tranches of Restricted Stock Units (RSUs) - 277 RSUs and an additional 277 RSUs - each convertible into common stock at a $0 exercise price.
Ownership after transactions
After the sales, withholdings and RSU exercises reported in the Form 4/A, Vincent directly owns 172,635 shares of Crexendo stock.
Recent corporate performance and product announcement
Separately from the insider activity, Crexendo reported a 12% increase in third-quarter 2025 revenue, bringing topline sales to $17.5 million and exceeding the forecast of $17.07 million. The companys earnings per share for the quarter were $0.05, which fell short of the expected $0.0729.
Crexendo also announced the launch of CAIRO, an AI phone agent designed for its cloud business communications platform. The company described CAIRO as a tool to greet callers, route incoming calls, and handle routine inquiries with automated responses, part of ongoing efforts to innovate and enhance its product offerings.
Market context and investor focus
These developments - the insider sales and the mix of a revenue beat alongside an EPS miss, plus the rollout of an AI-driven phone agent - arrive amid broader market forces that have influenced Crexendos share performance. Investors are watching both the strategic initiatives and the financial outcomes as they assess the companys near-term trajectory.