CXDONasdaqTelephone Communications (No Radiotelephone)Fiscal year ends December 31
Crexendo, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$5.56+0.09 (+1.65%)
Close on Oct 19, 2026
- Market cap
- $190.31M
- P/E (TTM)
- 39.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
39.2%
13M of 33M shares
Institutional holders
127
31 new, 11 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
1 buys · 58 sales
Net sold $26.35M
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CXDO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,065,200 | 3.20% | $7.96M | +205,905 | 0.00% |
| Royce & Associates LP | 1,020,452 | 3.07% | $7.62M | +323,390 | 0.06% |
| Vanguard Capital Management LLC | 817,100 | 2.46% | $6.10M | +72,058 | 0.00% |
| Essex Investment Management Co LLC | 710,874 | 2.14% | $5.31M | −32,112 | 0.70% |
| Acadian Asset Management LLC | 547,122 | 1.65% | $4.09K | +36,289 | 0.00% |
| Goldman Sachs Group Inc | 491,747 | 1.48% | $3.67M | +404,911 | 0.00% |
| Geode Capital Management, LLC | 461,170 | 1.39% | $3.45M | +16,830 | 0.00% |
| Renaissance Technologies LLC | 450,981 | 1.36% | $3.37M | +104,244 | 0.00% |
| Dimensional Fund Advisors LP | 444,639 | 1.34% | $3.32M | +64,312 | 0.00% |
| Qube Research & Technologies Ltd | 424,362 | 1.28% | $3.17M | +354,467 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 410,602 | 1.23% | $3.07M | +4,160 | 0.00% |
| Pembroke Management, LTD | 366,342 | 1.10% | $2.74M | +170,971 | 0.19% |
| Bard Associates Inc | 359,974 | 1.08% | $2.69M | −242,949 | 0.60% |
| Jane Street Group, LLC | 338,110 | 1.02% | $2.53M | +304,349 | 0.00% |
| State Street Corp | 328,350 | 0.99% | $2.45M | +68,231 | 0.00% |
| Legato Capital Management LLC | 239,385 | 0.72% | $1.79M | +6,809 | 0.15% |
| Cambridge Investment Research Advisors, Inc. | 236,828 | 0.71% | $1.77K | New | 0.00% |
| Perkins Capital Management Inc | 212,825 | 0.64% | $1.59M | +17,975 | 1.20% |
| MidFirst Bank | 197,346 | 0.59% | $1.47M | – | 0.10% |
| Northern Trust Corp | 196,429 | 0.59% | $1.47M | +12,360 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 127 | 13M | 39.2% | 31 / 50 | 27 / 11 | 4M | 1M |
| Q1 2026 | 109 | 10M | 30.3% | 27 / 36 | 29 / 10 | 3M | 1M |
| Q4 2025 | 93 | 9M | 26.9% | 17 / 42 | 20 / 14 | 2M | 1M |
| Q3 2025 | 90 | 8M | 24.1% | 20 / 32 | 23 / 10 | 1M | 1M |
| Q2 2025 | 81 | 7M | 22.5% | 29 / 24 | 17 / 23 | 2M | 1M |
| Q1 2025 | 75 | 7M | 19.8% | 23 / 25 | 20 / 6 | 2M | 0M |
| Q4 2024 | 58 | 5M | 15.4% | 17 / 21 | 14 / 7 | 1M | 0M |
| Q3 2024 | 48 | 5M | 13.9% | 9 / 13 | 16 / 4 | 2M | 1M |
| Q2 2024 | 44 | 5M | 13.6% | 7 / 14 | 11 / 14 | 2M | 1M |
| Q1 2024 | 51 | 3M | 10.2% | 22 / 13 | 8 / 8 | 1M | 0M |
| Q4 2023 | 38 | 3M | 7.6% | 9 / 10 | 9 / 0 | 0M | 0M |
| Q3 2023 | 29 | 2M | 6.9% | 3 / 5 | 10 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CXDO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 592,906 | 1.78% | $4.43M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 487,069 | 1.46% | $3.64M | 0.00% | Jun 30, 2026 |
| Royce Small-Cap Opportunity Fund | 480,083 | 1.44% | $3.59M | 0.25% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 201,607 | 0.61% | $1.39M | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 193,346 | 0.58% | $1.44M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 173,588 | 0.52% | $1.30M | 0.01% | Jun 30, 2026 |
| 1290 Essex Small Cap Growth Fund | 172,534 | 0.52% | $1.19M | 1.02% | Jul 31, 2026 |
| Dimensional U.S. Small Cap ETF | 103,906 | 0.31% | $714.87K | 0.00% | Jul 31, 2026 |
| Buffalo Early Stage Growth Fund | 99,549 | 0.30% | $743.63K | 0.99% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 88,765 | 0.27% | $877.00K | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 87,764 | 0.26% | $867.11K | 0.00% | May 31, 2026 |
| U.S. Targeted Value Portfolio | 67,975 | 0.20% | $467.67K | 0.00% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 62,285 | 0.19% | $465.27K | 0.03% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 62,043 | 0.19% | $426.86K | 0.00% | Jul 31, 2026 |
| Fidelity Enhanced Small Cap Core ETF | 51,111 | 0.15% | $381.80K | 0.01% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jeffrey G. Korn | Chief Executive Officer | 239,126 | 0.72% | Sep 29, 2026 |
| Ron Vincent | Chief Financial Officer | 142,021 | 0.43% | Sep 29, 2026 |
| Douglas Walter Gaylor | Chief Operating Officer | 250,252 | 0.75% | Sep 29, 2026 |
| Jon Brinton | Chief Revenue Officer | 84,065 | 0.25% | Sep 9, 2026 |
| Christopher Ryan Aaker | Chief Technology Officer | 12,616 | 0.04% | Sep 9, 2026 |
| David Tzat-kin Wang | Chief Technology Officer | 1,182,238 | 3.56% | Sep 1, 2026 |
| Anand Buch | Chief Strategy Officer | 467,498 | 1.41% | Mar 13, 2026 |
| Steven G. Mihaylo | Director, 10% owner | 20,760,157 | 62.43% | Jun 3, 2026 |
| L. Jasmine Kim | Director | – | – | May 20, 2026 |
| Anil K. Puri | Director | 53,114 | 0.16% | May 20, 2026 |
| Kevin Ar nold Jackson | Director | – | – | Mar 6, 2026 |
| Chris McKee | Director | – | – | Mar 6, 2026 |
| Todd Andrew Goergen | Director | 593,676 | 1.79% | Mar 6, 2026 |
| David Roy Williams | Director | 44,134 | 0.13% | Mar 6, 2026 |
| Jeffrey Parr Bash | Director | 248,963 | 0.75% | Mar 11, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Douglas Walter Gaylor Chief Operating Officer | Sep 27, 2026 | Tax withholding | −304 | $6.09 | $1.85K | 250,252 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 27, 2026 | Option exercise | +1,111 | – | – | 250,556 |
| Ron Vincent Chief Financial Officer | Sep 27, 2026 | Option exercise | +1,111 | – | – | 142,021 |
| Ron Vincent Chief Financial Officer | Sep 27, 2026 | Tax withholding | −471 | $6.09 | $2.87K | 141,550 |
| Jeffrey G. Korn Chief Executive Officer | Sep 27, 2026 | Option exercise | +1,111 | – | – | 239,126 |
| Jeffrey G. Korn Chief Executive Officer | Sep 27, 2026 | Tax withholding | −271 | $6.09 | $1.65K | 238,855 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 249,521 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 249,320 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 25, 2026 | Tax withholding | −77 | $6.09 | $469 | 249,243 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 25, 2026 | Tax withholding | −76 | $6.09 | $463 | 249,445 |
| Ron Vincent Chief Financial Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 140,868 |
| Ron Vincent Chief Financial Officer | Sep 25, 2026 | Tax withholding | −118 | $6.09 | $719 | 140,750 |
| Ron Vincent Chief Financial Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 141,028 |
| Ron Vincent Chief Financial Officer | Sep 25, 2026 | Tax withholding | −118 | $6.09 | $719 | 140,910 |
| Jeffrey G. Korn Chief Executive Officer | Sep 25, 2026 | Tax withholding | −68 | $6.09 | $414 | 237,805 |
| Jeffrey G. Korn Chief Executive Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 237,873 |
| Jeffrey G. Korn Chief Executive Officer | Sep 25, 2026 | Tax withholding | −68 | $6.09 | $414 | 238,015 |
| Jeffrey G. Korn Chief Executive Officer | Sep 25, 2026 | Option exercise | +278 | – | – | 238,083 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 5, 2026 | Option exercise | +4,166 | – | – | 250,182 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 5, 2026 | Tax withholding | −1,140 | $6.01 | $6.85K | 249,042 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 5, 2026 | Tax withholding | −538 | $6.01 | $3.23K | 12,616 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 5, 2026 | Option exercise | +1,666 | – | – | 13,154 |
| Jeffrey G. Korn Chief Executive Officer | Sep 5, 2026 | Option exercise | +5,000 | – | – | 238,813 |
| Jeffrey G. Korn Chief Executive Officer | Sep 5, 2026 | Tax withholding | −1,218 | $6.01 | $7.32K | 237,595 |
| Ron Vincent Chief Financial Officer | Sep 5, 2026 | Option exercise | +4,166 | – | – | 142,355 |
| Ron Vincent Chief Financial Officer | Sep 5, 2026 | Tax withholding | −1,765 | $6.01 | $10.61K | 140,590 |
| Jon Brinton Chief Revenue Officer | Sep 5, 2026 | Option exercise | +2,916 | – | – | 84,065 |
| Jon Brinton Chief Revenue Officer | Sep 5, 2026 | Tax withholding | −769 | $6.01 | $4.62K | 83,296 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Tax withholding | −77 | $6.01 | $463 | 241,777 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Tax withholding | −1,594 | $6.01 | $9.58K | 246,016 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Option exercise | +5,833 | – | – | 247,610 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Option exercise | +277 | – | – | 241,854 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Tax withholding | −1,368 | $6.01 | $8.22K | 241,577 |
| Douglas Walter Gaylor Chief Operating Officer | Sep 4, 2026 | Option exercise | +5,000 | – | – | 242,945 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 4, 2026 | Tax withholding | −672 | $6.01 | $4.04K | 10,077 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 4, 2026 | Option exercise | +2,083 | – | – | 10,749 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 4, 2026 | Option exercise | +2,083 | – | – | 12,160 |
| Christopher Ryan Aaker Chief Technology Officer | Sep 4, 2026 | Tax withholding | −672 | $6.01 | $4.04K | 11,488 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Tax withholding | −68 | $6.01 | $409 | 229,400 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Tax withholding | −1,420 | $6.01 | $8.53K | 233,813 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Option exercise | +5,833 | – | – | 235,233 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Option exercise | +277 | – | – | 229,468 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Tax withholding | −1,218 | $6.01 | $7.32K | 229,191 |
| Jeffrey G. Korn Chief Executive Officer | Sep 4, 2026 | Option exercise | +5,000 | – | – | 230,409 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Tax withholding | −2,470 | $6.01 | $14.84K | 138,189 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Option exercise | +5,833 | – | – | 140,659 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Option exercise | +277 | – | – | 134,944 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Tax withholding | −2,118 | $6.01 | $12.73K | 134,667 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Option exercise | +5,000 | – | – | 136,785 |
| Ron Vincent Chief Financial Officer | Sep 4, 2026 | Tax withholding | −118 | $6.01 | $709 | 134,826 |
| Jon Brinton Chief Revenue Officer | Sep 4, 2026 | Option exercise | +3,333 | – | – | 82,027 |
| Jon Brinton Chief Revenue Officer | Sep 4, 2026 | Tax withholding | −878 | $6.01 | $5.28K | 81,149 |
| Jon Brinton Chief Revenue Officer | Sep 4, 2026 | Tax withholding | −769 | $6.01 | $4.62K | 78,694 |
| Jon Brinton Chief Revenue Officer | Sep 4, 2026 | Option exercise | +2,917 | – | – | 79,463 |
| David Tzat-kin Wang Chief Technology Officer | Aug 27, 2026 | Sale | −25,000 | $6.50 | $162.50K | 534,747 |
| Jeffrey G. Korn Chief Executive Officer | Aug 27, 2026 | Tax withholding | −271 | $6.42 | $1.74K | 225,409 |
| Jeffrey G. Korn Chief Executive Officer | Aug 27, 2026 | Option exercise | +1,111 | – | – | 225,680 |
| Ron Vincent Chief Financial Officer | Aug 27, 2026 | Option exercise | +1,111 | – | – | 132,256 |
| Ron Vincent Chief Financial Officer | Aug 27, 2026 | Tax withholding | −471 | $6.42 | $3.02K | 131,785 |
| Douglas Walter Gaylor Chief Operating Officer | Aug 27, 2026 | Option exercise | +1,111 | – | – | 238,249 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Wang David OFFICER | Aug 13, 2026 | 120,000 | $840.00K | Aug 27, 2026 | Common Stock |
| Jeffrey G. Korn OFFICER | Jun 8, 2026 | 75,000 | $746.08K | May 26, 2026 | Vesting of Non-Qualified Stock Options |
| Ron Vincent OFFICER | Jun 3, 2026 | 90,000 | $902.83K | Jun 1, 2026 | Vesting of Stock Options |
| Steven G. Mihaylo DIRECTOR | Jun 3, 2026 | 1,673,385 | $17.36M | May 29, 2026 | Open Market Purchases |
| Jon Brinton OFFICER | Jun 2, 2026 | 55,000 | $550.87K | May 6, 2026 | Vesting of Restricted Stock Units |
| Douglas Walter Gaylor OFFICER | Jun 2, 2026 | 90,000 | $896.76K | May 14, 2026 | Vesting of Non-Qualified Stock Options |
| David Tzat-kin Wang OFFICER | Jun 1, 2026 | 100,000 | $1.00M | Jun 4, 2026 | Crexendo Inc, Common Stock |
| Ron Vincent OFFICER | May 27, 2026 | 75,000 | $736.22K | May 22, 2026 | Vesting of Non-Qualified Stock Options |
| Anil K. Puri Director | May 15, 2026 | 3,400 | $33.35K | May 15, 2026 | Stock Award |
| Ron Vincent OFFICER | May 7, 2026 | 62,539 | $554.78K | May 4, 2026 | Vesting of RSUs |
| Douglas Walter Gaylor OFFICER | May 6, 2026 | 40,000 | $355.61K | May 4, 2026 | Vesting of RSUs |
| Jeffrey G. Korn OFFICER | May 6, 2026 | 40,000 | $338.13K | May 4, 2026 | Vesting of RSUs |
| Anil K. Puri Director | Mar 10, 2026 | 4,500 | $31.86K | Mar 10, 2026 | Stock Award |
| Anand Buch Officer | Mar 10, 2026 | 265,298 | $1.86M | Mar 10, 2026 | Merger/acquisition |
| Jeffrey G. Korn Officer | Aug 15, 2025 | 3,200 | $20.83K | Aug 7, 2025 | Vesting of RSUs |