Chief Revenue Officer Of Crexendo Sold $91K In Stock

benzinga_article
2026.05.08 15:01
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On May 8, Jon Brinton, Chief Revenue Officer of Crexendo (NASDAQ:CXDO), sold 10,000 shares for $91,400, as disclosed in a Form 4 filing with the SEC. Following the sale, Crexendo's stock fell by 9.3% to $8.87. The company, which specializes in cloud communication and UCaaS, reported a 28.98% revenue growth rate as of March 31, 2026, with a gross margin of 61.41%. Despite a low EPS of 0.02, Crexendo's P/E ratio of 69.86 suggests potential undervaluation. Insider transactions should be considered carefully in investment decisions.