Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 14,643 shares of Expensify stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $1.70, for a total transaction of $24,893.10. Following the completion of the sale, the chief executive officer now directly owns 819,374 shares of the company’s stock, valued at $1,392,935.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Wednesday, May 22nd, David Michael Barrett sold 14,680 shares of Expensify stock. The shares were sold at an average price of $1.70, for a total transaction of $24,956.00.
- On Friday, May 17th, David Michael Barrett sold 14,805 shares of Expensify stock. The shares were sold at an average price of $1.69, for a total transaction of $25,020.45.
- On Wednesday, May 15th, David Michael Barrett sold 14,346 shares of Expensify stock. The shares were sold at an average price of $1.75, for a total transaction of $25,105.50.
- On Monday, May 13th, David Michael Barrett sold 14,091 shares of Expensify stock. The shares were sold at an average price of $1.78, for a total transaction of $25,081.98.
- On Friday, May 10th, David Michael Barrett sold 14,530 shares of Expensify stock. The shares were sold at an average price of $1.73, for a total transaction of $25,136.90.
- On Wednesday, May 8th, David Michael Barrett sold 14,453 shares of Expensify stock. The shares were sold at an average price of $1.74, for a total transaction of $25,148.22.
- On Monday, May 6th, David Michael Barrett sold 14,510 shares of Expensify stock. The shares were sold at an average price of $1.72, for a total transaction of $24,957.20.
- On Friday, May 3rd, David Michael Barrett sold 15,180 shares of Expensify stock. The shares were sold at an average price of $1.64, for a total transaction of $24,895.20.
- On Wednesday, May 1st, David Michael Barrett sold 15,480 shares of Expensify stock. The stock was sold at an average price of $1.61, for a total transaction of $24,922.80.
- On Monday, April 29th, David Michael Barrett sold 1,500 shares of Expensify stock. The stock was sold at an average price of $1.61, for a total transaction of $2,415.00.
Expensify Stock Down 1.2 %
Shares of EXFY traded down $0.02 during midday trading on Wednesday, hitting $1.70. The company had a trading volume of 279,405 shares, compared to its average volume of 602,298. The company’s 50 day moving average price is $1.70 and its 200 day moving average price is $1.97. The stock has a market cap of $121.99 million, a price-to-earnings ratio of -3.54 and a beta of 1.48. Expensify, Inc. has a 52 week low of $1.40 and a 52 week high of $8.25.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Piper Sandler dropped their price target on shares of Expensify from $3.00 to $2.00 and set a “neutral” rating on the stock in a research note on Friday, February 23rd. Citigroup dropped their price target on shares of Expensify from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $4.20.
View Our Latest Research Report on EXFY
Institutional Investors Weigh In On Expensify
A number of institutional investors have recently modified their holdings of the business. FNY Investment Advisers LLC grew its position in shares of Expensify by 212.5% during the 4th quarter. FNY Investment Advisers LLC now owns 12,500 shares of the company’s stock valued at $30,000 after buying an additional 8,500 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Expensify during the 3rd quarter valued at about $35,000. Corton Capital Inc. bought a new stake in shares of Expensify during the 3rd quarter valued at about $37,000. Hsbc Holdings PLC grew its position in shares of Expensify by 63.5% during the 3rd quarter. Hsbc Holdings PLC now owns 55,876 shares of the company’s stock valued at $184,000 after buying an additional 21,700 shares during the last quarter. Finally, Quantbot Technologies LP grew its position in shares of Expensify by 93.5% during the 3rd quarter. Quantbot Technologies LP now owns 47,396 shares of the company’s stock valued at $154,000 after buying an additional 22,897 shares during the last quarter. Institutional investors own 68.42% of the company’s stock.
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 Stories
- Five stocks we like better than Expensify
- The How And Why of Investing in Oil Stocks
- TJX Companies Can Hit New Highs; Double-Digit Upside to Follow
- What is Forex and How Does it Work?
- A Hidden Gem Retailer With 20% Upside
- How to Use the MarketBeat Excel Dividend Calculator
- Zoom Stock’s Earnings Volatility Picked Up a Lot of Buyers
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.