Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 14,844 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $1.68, for a total transaction of $24,937.92. Following the sale, the chief executive officer now directly owns 1,086,605 shares of the company’s stock, valued at $1,825,496.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Friday, April 19th, David Michael Barrett sold 15,800 shares of Expensify stock. The shares were sold at an average price of $1.57, for a total transaction of $24,806.00.
- On Wednesday, April 17th, David Michael Barrett sold 16,575 shares of Expensify stock. The stock was sold at an average price of $1.49, for a total transaction of $24,696.75.
- On Monday, April 15th, David Michael Barrett sold 17,190 shares of Expensify stock. The stock was sold at an average price of $1.44, for a total value of $24,753.60.
- On Thursday, April 11th, David Michael Barrett sold 16,740 shares of Expensify stock. The shares were sold at an average price of $1.48, for a total value of $24,775.20.
- On Monday, April 8th, David Michael Barrett sold 15,992 shares of Expensify stock. The stock was sold at an average price of $1.55, for a total value of $24,787.60.
- On Friday, April 5th, David Michael Barrett sold 15,985 shares of Expensify stock. The shares were sold at an average price of $1.55, for a total value of $24,776.75.
- On Wednesday, April 3rd, David Michael Barrett sold 15,792 shares of Expensify stock. The shares were sold at an average price of $1.57, for a total transaction of $24,793.44.
- On Monday, April 1st, David Michael Barrett sold 13,300 shares of Expensify stock. The shares were sold at an average price of $1.75, for a total transaction of $23,275.00.
- On Wednesday, March 27th, David Michael Barrett sold 54,685 shares of Expensify stock. The stock was sold at an average price of $1.74, for a total transaction of $95,151.90.
- On Monday, March 25th, David Michael Barrett sold 85,730 shares of Expensify stock. The shares were sold at an average price of $1.77, for a total value of $151,742.10.
Expensify Price Performance
Shares of NASDAQ:EXFY opened at $1.70 on Tuesday. The firm has a market capitalization of $119.99 million, a P/E ratio of -3.33 and a beta of 1.49. The business’s 50-day moving average is $1.80 and its 200 day moving average is $2.14. Expensify, Inc. has a 1 year low of $1.40 and a 1 year high of $8.47.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler decreased their price objective on Expensify from $3.00 to $2.00 and set a “neutral” rating for the company in a research note on Friday, February 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $6.50.
Get Our Latest Stock Analysis on Expensify
Hedge Funds Weigh In On Expensify
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC increased its holdings in shares of Expensify by 212.5% in the fourth quarter. FNY Investment Advisers LLC now owns 12,500 shares of the company’s stock valued at $30,000 after purchasing an additional 8,500 shares during the period. Quadrature Capital Ltd acquired a new position in Expensify in the 3rd quarter worth approximately $35,000. Corton Capital Inc. purchased a new position in Expensify during the 3rd quarter worth approximately $37,000. SG Americas Securities LLC acquired a new stake in Expensify during the 3rd quarter valued at approximately $51,000. Finally, Azora Capital LP purchased a new stake in shares of Expensify in the 4th quarter valued at $61,000. Hedge funds and other institutional investors own 68.42% of the company’s stock.
About Expensify
Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company's platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.
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