No gurus have owned the company. However, CEO Mihaylo has been consistently increasing his position in the company since 2007. Throughout the course of 5 years, Mihaylo has purchased over 1 million shares of the company. In 2012 alone, he purchased 162,000 shares of Crexendo. No other insiders have recently traded in the company, although former CFO Erickson Richard sold off about 26,000 shares of EXE on 6/1/2012.
Below is a graph showing insider trades in EXE, comparative to the company’s stock price.
Mr. Mihaylo founded Inter-Tel Incorporated and served as its Chief Executive Officer from July 1969 until February 2006. He also served as Chairman of the Board of Inter-Tel from July 1969 through October 1982 and again from September 1983 through July 2005. Mr. Mihaylo continued to serve as a member of the Inter-Tel Board of Directors after he stepped down from his position as Chairman through March 2006 and again from May 2006 through August 2007. Mr. Mihaylo is currently chairman and CEO of Crexendo, Inc. currently listed on the American Stock Exchange.
Revenues for EXE are not very stable, as demonstrated by the graph displaying revenue history below. Thus, Crexendo is not a very predictable company.
The company reported negative EPS, so fair value cannot be calculated by GuruFocus Discount Cash Flow calculator. Revenue growth on average for the last 10 years was 9.8%, while growth for the last 5 years was an average of 10.9%. Earnings per Share were positive for 6 out of the last 10 years, although the company has reported negative earnings straight for the last three years. Crexando holds $10.62 million in cash, and has no long term debt. Crexendo bought back $610,000 worth of shares in 2011.
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