CrexendoCXDO
Market Cap: $117M
About: Crexendo Inc is a provider of cloud communications, UCaaS, call centers, collaboration services, and other cloud business services. The company operates through two segments: Cloud telecommunications and Software Solutions. Its cloud telecommunications segment offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over any high-speed Internet connection. The Software Solutions segment is involved in revenue generation from software licenses, software maintenance support and professional services. It generates subscription and maintenance support revenue from customer support and other supportive services. The company offers warranties on its products. It derives a majority of revenue from the Cloud telecommunications segment.
Employees: 182
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
15% more call options, than puts
Call options by funds: $300K | Put options by funds: $260K
3.94% more ownership
Funds ownership: 12.94% [Q1] → 16.88% (+3.94%) [Q2]
13% less capital invested
Capital invested by funds: $16.4M [Q1] → $14.2M (-$2.18M) [Q2]
14% less funds holding
Funds holding: 51 [Q1] → 44 (-7) [Q2]
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities Josh Nichols 50% 1-year accuracy 8 / 16 met price target | 37%upside $6 | Buy Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 3 articles about CXDO published over the past 30 days