Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Crexendo, Inc. (CXDO)
Sector: Technology; Industry: Information Technology Services

Crexendo, Inc. provides unified communications cloud telecom, broadband Internet, and other cloud business services for businesses in North America and internationally. The company operates in two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using IP or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services. It offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed Internet connection through various devices and user interfaces, such as desktop phones, and/or mobile and desktop applications. Crexendo, Inc. was founded in 1995 and is headquartered in Tempe, Arizona.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-09-28 Puri Anil K. Director Sell 40,000 $5.12 $204,600 Yes
2020-06-12 Puri Anil K. Director Sell 10,000 $5.22 $52,250 Yes
2015-03-11 Puri Anil K. Director Buy 2,300 $2.05 $4,715 No
2010-12-08 Puri Anil K. Director Sell 956 $4.63 $4,426 No
2010-09-08 Puri Anil K. Director Buy 1,000 $4.26 $4,260 No

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.