Crexendo CTO David Wang sells $162,500 of company stock

Crexendo CTO David Wang recently divested $162,500 worth of company shares in a transaction that took place on August 27, 2026. The sale comprised 25,000 shares sold at a price of $6.5 per share, resulting in a total value of $162,500. Since the sale, the stock price has decreased to $5.91, hovering near its lowest point of the year, which was $5.55.

According to InvestingPro's analysis, Crexendo's stock appears to be undervalued at present, with the company boasting a strong financial health score of 3.01. Following the sale, Mr. Wang now holds a total of 534,747 shares of Crexendo common stock. For investors seeking a more in-depth analysis of Crexendo's valuation and financial health, the comprehensive Pro Research Report is available for a fee, covering this company and 1,400+ other US equities on the InvestingPro platform.

Recently, Crexendo Inc. reported its Q2 2026 earnings, exceeding profit forecasts. The company reported adjusted earnings of $0.12 per share, surpassing the estimated $0.10. Revenue for the quarter was $24.65 million, aligning well with the forecasted $24.64 million. These financial results indicate a robust performance for Crexendo during the quarter.

The company's stock experienced some fluctuations, though the specific price changes are not provided here. Overall, these recent developments reflect the latest activities and financial outcomes for Crexendo.