Expensify, Inc. (NASDAQ:EXFY) CEO Sells $105,000.00 in Stock

Expensify, Inc. (NASDAQ:EXFYGet Free Report) CEO David Michael Barrett sold 30,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $3.50, for a total value of $105,000.00. Following the completion of the sale, the chief executive officer now directly owns 2,203,787 shares of the company’s stock, valued at $7,713,254.50. This trade represents a 1.34 % decrease in their ownership of the stock. 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, January 17th, David Michael Barrett sold 32,473 shares of Expensify stock. The shares were sold at an average price of $3.41, for a total transaction of $110,732.93.
  • On Wednesday, December 18th, David Michael Barrett sold 6,152 shares of Expensify stock. The stock was sold at an average price of $3.83, for a total transaction of $23,562.16.
  • On Monday, December 16th, David Michael Barrett sold 13,272 shares of Expensify stock. The shares were sold at an average price of $3.84, for a total transaction of $50,964.48.
  • On Wednesday, November 20th, David Michael Barrett sold 15,454 shares of Expensify stock. The shares were sold at an average price of $2.91, for a total transaction of $44,971.14.
  • On Monday, November 18th, David Michael Barrett sold 45,094 shares of Expensify stock. The stock was sold at an average price of $2.70, for a total value of $121,753.80.
  • On Friday, November 15th, David Michael Barrett sold 58,226 shares of Expensify stock. The shares were sold at an average price of $2.76, for a total value of $160,703.76.

Expensify Stock Up 1.5 %

EXFY opened at $3.40 on Monday. Expensify, Inc. has a 52 week low of $1.24 and a 52 week high of $4.13. The business has a fifty day simple moving average of $3.38 and a 200-day simple moving average of $2.50. The firm has a market cap of $262.34 million, a P/E ratio of -18.89 and a beta of 1.85.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Citigroup raised their price objective on Expensify from $4.00 to $5.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. JMP Securities cut shares of Expensify from an “outperform” rating to a “market perform” rating in a research report on Monday, November 25th.

Get Our Latest Research Report on EXFY

Hedge Funds Weigh In On Expensify

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Expensify in the 4th quarter valued at about $39,000. Marshall Wace LLP purchased a new position in shares of Expensify in the second quarter valued at approximately $53,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Expensify in the second quarter valued at approximately $86,000. Dynamic Technology Lab Private Ltd grew its holdings in shares of Expensify by 100.6% in the third quarter. Dynamic Technology Lab Private Ltd now owns 44,880 shares of the company’s stock valued at $88,000 after purchasing an additional 22,504 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Expensify by 76.9% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,095 shares of the company’s stock worth $130,000 after buying an additional 28,731 shares during the period. Institutional investors and hedge funds own 68.42% of the company’s stock.

Expensify Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Expensify (NASDAQ:EXFY)

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