Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 83,289 shares of Expensify stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $1.82, for a total value of $151,585.98. Following the completion of the sale, the chief executive officer now owns 1,553,922 shares of the company’s stock, valued at approximately $2,828,138.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
David Michael Barrett also recently made the following trade(s):
- 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 value of $95,151.90.
- On Monday, March 25th, David Michael Barrett sold 85,730 shares of Expensify stock. The stock was sold at an average price of $1.77, for a total value of $151,742.10.
- On Wednesday, March 20th, David Michael Barrett sold 11,627 shares of Expensify stock. The stock was sold at an average price of $1.91, for a total value of $22,207.57.
- On Monday, March 18th, David Michael Barrett sold 81,301 shares of Expensify stock. The stock was sold at an average price of $1.86, for a total value of $151,219.86.
- On Friday, March 15th, David Michael Barrett sold 80,082 shares of Expensify stock. The stock was sold at an average price of $1.97, for a total value of $157,761.54.
- On Monday, March 11th, David Michael Barrett sold 7,311 shares of Expensify stock. The stock was sold at an average price of $2.14, for a total value of $15,645.54.
Expensify Stock Up 2.8 %
Shares of EXFY traded up $0.05 during trading on Thursday, reaching $1.84. The company’s stock had a trading volume of 341,579 shares, compared to its average volume of 655,373. The company has a fifty day moving average of $1.85 and a two-hundred day moving average of $2.38. Expensify, Inc. has a twelve month low of $1.52 and a twelve month high of $8.69. The company has a market cap of $129.87 million, a price-to-earnings ratio of -3.61 and a beta of 1.51.
Hedge Funds Weigh In On Expensify
A number of institutional investors have recently made changes to their positions in EXFY. FNY Investment Advisers LLC increased its holdings in shares of Expensify by 212.5% in the 4th quarter. FNY Investment Advisers LLC now owns 12,500 shares of the company’s stock valued at $30,000 after acquiring an additional 8,500 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Expensify by 117.8% in the 3rd quarter. Royal Bank of Canada now owns 2,178 shares of the company’s stock valued at $33,000 after acquiring an additional 1,178 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Expensify in the 3rd quarter valued at approximately $35,000. Ameritas Investment Partners Inc. bought a new stake in shares of Expensify in the 2nd quarter valued at approximately $36,000. Finally, Corton Capital Inc. bought a new stake in shares of Expensify in the 3rd quarter valued at approximately $37,000. 68.42% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Piper Sandler reduced their price target on Expensify from $3.00 to $2.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Expensify has an average rating of “Hold” and an average target price of $6.50.
Check Out Our Latest Stock Report 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.
See Also
- Five stocks we like better than Expensify
- Financial Services Stocks Investing
- 3 Value Stocks Too Small For Buffett’s Portfolio
- What is the Australian Securities Exchange (ASX)
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- What is a Death Cross in Stocks?
- Disney Stock Catches 3 Upgrades In a Single Week
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.