Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 16,200 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $1.53, for a total transaction of $24,786.00. Following the sale, the chief executive officer now directly owns 1,856,837 shares of the company’s stock, valued at approximately $2,840,960.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
David Michael Barrett also recently made the following trade(s):
- On Friday, June 28th, David Michael Barrett sold 16,630 shares of Expensify stock. The shares were sold at an average price of $1.49, for a total transaction of $24,778.70.
- On Wednesday, June 26th, David Michael Barrett sold 16,300 shares of Expensify stock. The shares were sold at an average price of $1.51, for a total transaction of $24,613.00.
- On Monday, June 24th, David Michael Barrett sold 16,860 shares of Expensify stock. The stock was sold at an average price of $1.46, for a total transaction of $24,615.60.
- On Thursday, June 20th, David Michael Barrett sold 18,430 shares of Expensify stock. The shares were sold at an average price of $1.32, for a total transaction of $24,327.60.
- On Monday, June 17th, David Michael Barrett sold 11,072 shares of Expensify stock. The shares were sold at an average price of $1.34, for a total value of $14,836.48.
- On Friday, June 14th, David Michael Barrett sold 17,740 shares of Expensify stock. The stock was sold at an average price of $1.38, for a total value of $24,481.20.
- On Wednesday, June 12th, David Michael Barrett sold 16,970 shares of Expensify stock. The stock was sold at an average price of $1.45, for a total value of $24,606.50.
- On Monday, June 10th, David Michael Barrett sold 17,110 shares of Expensify stock. The stock was sold at an average price of $1.44, for a total value of $24,638.40.
- On Friday, June 7th, David Michael Barrett sold 16,780 shares of Expensify stock. The stock was sold at an average price of $1.47, for a total value of $24,666.60.
- On Wednesday, June 5th, David Michael Barrett sold 17,060 shares of Expensify stock. The stock was sold at an average price of $1.44, for a total value of $24,566.40.
Expensify Stock Down 3.8 %
Shares of EXFY stock traded down $0.06 during trading hours on Tuesday, hitting $1.50. 204,705 shares of the company’s stock were exchanged, compared to its average volume of 624,806. The firm has a market cap of $129.74 million, a P/E ratio of -3.15 and a beta of 1.47. The firm has a 50 day moving average of $1.58 and a two-hundred day moving average of $1.79. Expensify, Inc. has a fifty-two week low of $1.24 and a fifty-two week high of $8.25.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Hsbc Holdings PLC raised its stake in shares of Expensify by 63.5% during the 3rd quarter. Hsbc Holdings PLC now owns 55,876 shares of the company’s stock worth $184,000 after buying an additional 21,700 shares during the period. Walleye Capital LLC increased its position in shares of Expensify by 396.1% during the third quarter. Walleye Capital LLC now owns 714,537 shares of the company’s stock worth $2,322,000 after purchasing an additional 570,495 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Expensify during the third quarter worth approximately $35,000. Citigroup Inc. increased its position in shares of Expensify by 186.5% during the third quarter. Citigroup Inc. now owns 49,589 shares of the company’s stock worth $161,000 after purchasing an additional 32,279 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of Expensify during the fourth quarter worth approximately $75,000. 68.42% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Morgan Stanley raised Expensify from an “underweight” rating to an “equal weight” rating in a report on Tuesday, May 28th. JMP Securities reissued a “market perform” rating on shares of Expensify in a report on Friday, June 14th. Finally, Citigroup decreased their price target on Expensify from $5.00 to $4.00 and set a “buy” rating for the company in a report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Expensify presently has an average rating of “Hold” and a consensus target price of $4.20.
Get Our Latest Analysis on EXFY
Expensify Company Profile
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.
Featured Articles
- Five stocks we like better than Expensify
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- RXO Shares Surge Following New Acquisition Deal
- How to Calculate Return on Investment (ROI)
- 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
- Upcoming IPO Stock Lockup Period, Explained
- Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
Receive News & Ratings for Expensify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expensify and related companies with MarketBeat.com's FREE daily email newsletter.