Expensify, Inc. (NASDAQ:EXFY - Get Free Report) CEO David Michael Barrett sold 32,473 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $3.41, for a total transaction of $110,732.93. Following the completion of the transaction, the chief executive officer now owns 2,147,203 shares in the company, valued at $7,321,962.23. The trade was a 1.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
David Michael Barrett also recently made the following trade(s):
- On Wednesday, January 15th, David Michael Barrett sold 30,000 shares of Expensify stock. The shares were sold at an average price of $3.50, for a total transaction of $105,000.00.
- 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 value 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 value of $50,964.48.
- On Wednesday, November 20th, David Michael Barrett sold 15,454 shares of Expensify stock. The stock was sold at an average price of $2.91, for a total value of $44,971.14.
- On Monday, November 18th, David Michael Barrett sold 45,094 shares of Expensify stock. The shares were 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 stock was sold at an average price of $2.76, for a total transaction of $160,703.76.
Expensify Stock Up 1.5 %
NASDAQ EXFY traded up $0.05 during trading hours on Friday, reaching $3.40. The company's stock had a trading volume of 325,364 shares, compared to its average volume of 331,224. Expensify, Inc. has a 1 year low of $1.24 and a 1 year high of $4.13. The company has a market capitalization of $262.34 million, a price-to-earnings ratio of -18.89 and a beta of 1.85. The firm's 50-day moving average price is $3.36 and its 200-day moving average price is $2.47.
Institutional Investors Weigh In On Expensify
Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new position in Expensify during the fourth quarter valued at $39,000. XTX Topco Ltd boosted its holdings in shares of Expensify by 29.6% during the 3rd quarter. XTX Topco Ltd now owns 68,789 shares of the company's stock valued at $135,000 after purchasing an additional 15,730 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of Expensify by 100.6% during 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. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Expensify by 76.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,095 shares of the company's stock worth $130,000 after purchasing an additional 28,731 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Expensify in the second quarter worth about $53,000. Institutional investors own 68.42% of the company's stock.
Analyst Ratings Changes
A number of research firms have weighed in on EXFY. Citigroup upped their price target on shares of Expensify from $4.00 to $5.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. JMP Securities downgraded shares of Expensify from an "outperform" rating to a "market perform" rating in a report on Monday, November 25th.
Get Our Latest Analysis on Expensify
About Expensify
(
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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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