Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 13,350 shares of the business’s stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $1.89, for a total transaction of $25,231.50. Following the sale, the chief executive officer now owns 1,679,757 shares in the company, valued at $3,174,740.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Monday, July 22nd, David Michael Barrett sold 13,560 shares of Expensify stock. The stock was sold at an average price of $1.87, for a total transaction of $25,357.20.
- On Wednesday, July 17th, David Michael Barrett sold 12,385 shares of Expensify stock. The shares were sold at an average price of $2.07, for a total value of $25,636.95.
- On Monday, July 15th, David Michael Barrett sold 11,470 shares of Expensify stock. The stock was sold at an average price of $2.25, for a total value of $25,807.50.
- On Friday, July 12th, David Michael Barrett sold 11,550 shares of Expensify stock. The stock was sold at an average price of $2.24, for a total transaction of $25,872.00.
- On Wednesday, July 10th, David Michael Barrett sold 12,300 shares of Expensify stock. The stock was sold at an average price of $2.07, for a total transaction of $25,461.00.
- On Monday, July 8th, David Michael Barrett sold 16,874 shares of Expensify stock. The stock was sold at an average price of $1.46, for a total value of $24,636.04.
- On Friday, July 5th, David Michael Barrett sold 16,660 shares of Expensify stock. The stock was sold at an average price of $1.48, for a total transaction of $24,656.80.
- On Wednesday, July 3rd, David Michael Barrett sold 16,474 shares of Expensify stock. The stock was sold at an average price of $1.50, for a total transaction of $24,711.00.
- On Monday, July 1st, David Michael Barrett sold 16,200 shares of Expensify stock. The shares were sold at an average price of $1.53, for a total transaction of $24,786.00.
- On Friday, June 28th, David Michael Barrett sold 16,630 shares of Expensify stock. The stock was sold at an average price of $1.49, for a total transaction of $24,778.70.
Expensify Price Performance
Shares of NASDAQ:EXFY traded up $0.05 during midday trading on Tuesday, reaching $2.01. The company had a trading volume of 494,531 shares, compared to its average volume of 812,039. The stock has a market capitalization of $173.84 million, a P/E ratio of -4.19 and a beta of 1.47. The stock’s fifty day moving average price is $1.64 and its 200-day moving average price is $1.73. Expensify, Inc. has a one year low of $1.24 and a one year high of $8.15.
Institutional Trading of Expensify
Several institutional investors have recently added to or reduced their stakes in the business. Azora Capital LP acquired a new position in shares of Expensify during the fourth quarter worth approximately $61,000. Quadrature Capital Ltd acquired a new position in Expensify during the 1st quarter worth $65,000. Mackenzie Financial Corp bought a new stake in shares of Expensify during the fourth quarter valued at approximately $75,000. Wealthspire Advisors LLC acquired a new stake in shares of Expensify during the 4th quarter worth about $116,000. Finally, Aristides Capital LLC acquired a new stake in Expensify during the 4th quarter valued at $134,000. Institutional investors own 68.42% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Morgan Stanley raised Expensify from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, May 28th. JMP Securities restated a “market perform” rating on shares of Expensify in a research note on Friday, June 14th. Finally, Citigroup lowered their price target on shares of Expensify from $5.00 to $4.00 and set a “buy” rating for the company in a report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $4.20.
Read Our Latest Research Report on EXFY
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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