Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 15,910 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $1.56, for a total value of $24,819.60. Following the completion of the sale, the chief executive officer now owns 1,055,448 shares of the company’s stock, valued at approximately $1,646,498.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Monday, April 22nd, David Michael Barrett sold 14,844 shares of Expensify stock. The shares were sold at an average price of $1.68, for a total transaction of $24,937.92.
- On Friday, April 19th, David Michael Barrett sold 15,800 shares of Expensify stock. The stock was sold at an average price of $1.57, for a total transaction of $24,806.00.
- On Wednesday, April 17th, David Michael Barrett sold 16,575 shares of Expensify stock. The stock was sold at an average price of $1.49, for a total transaction of $24,696.75.
- On Monday, April 15th, David Michael Barrett sold 17,190 shares of Expensify stock. The shares were sold at an average price of $1.44, for a total value of $24,753.60.
- On Thursday, April 11th, David Michael Barrett sold 16,740 shares of Expensify stock. The stock was sold at an average price of $1.48, for a total value of $24,775.20.
- On Monday, April 8th, David Michael Barrett sold 15,992 shares of Expensify stock. The stock was sold at an average price of $1.55, for a total value of $24,787.60.
- On Friday, April 5th, David Michael Barrett sold 15,985 shares of Expensify stock. The stock was sold at an average price of $1.55, for a total value of $24,776.75.
- On Wednesday, April 3rd, David Michael Barrett sold 15,792 shares of Expensify stock. The stock was sold at an average price of $1.57, for a total transaction of $24,793.44.
- On Monday, April 1st, David Michael Barrett sold 13,300 shares of Expensify stock. The stock was sold at an average price of $1.75, for a total transaction of $23,275.00.
- On Wednesday, March 27th, David Michael Barrett sold 54,685 shares of Expensify stock. The shares were sold at an average price of $1.74, for a total value of $95,151.90.
Expensify Stock Down 0.6 %
EXFY stock traded down $0.01 during trading hours on Thursday, hitting $1.64. The company’s stock had a trading volume of 497,609 shares, compared to its average volume of 637,703. Expensify, Inc. has a 12 month low of $1.40 and a 12 month high of $8.25. The stock has a 50 day moving average price of $1.80 and a two-hundred day moving average price of $2.13. The company has a market capitalization of $115.75 million, a PE ratio of -3.13 and a beta of 1.49.
Wall Street Analyst Weigh In
A number of brokerages have commented on EXFY. Piper Sandler decreased their price objective on Expensify from $3.00 to $2.00 and set a “neutral” rating for the company in a research report on Friday, February 23rd. Citigroup lowered their price objective on shares of Expensify from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Tuesday. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.93.
Read Our Latest Analysis on Expensify
Institutional Investors Weigh In On Expensify
Several hedge funds and other institutional investors have recently modified their holdings of the stock. SVB Wealth LLC boosted its holdings in Expensify by 63.9% in the 4th quarter. SVB Wealth LLC now owns 3,359,037 shares of the company’s stock valued at $8,297,000 after purchasing an additional 1,309,037 shares during the period. Palogic Value Management L.P. raised its position in shares of Expensify by 33.3% during the fourth quarter. Palogic Value Management L.P. now owns 800,000 shares of the company’s stock valued at $1,976,000 after buying an additional 200,000 shares during the last quarter. Walleye Capital LLC increased its holdings in Expensify by 396.1% in the 3rd quarter. Walleye Capital LLC now owns 714,537 shares of the company’s stock valued at $2,322,000 after buying an additional 570,495 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Expensify by 15.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 220,490 shares of the company’s stock worth $717,000 after acquiring an additional 29,131 shares during the period. Finally, Federated Hermes Inc. boosted its position in shares of Expensify by 57,044.0% during the 4th quarter. Federated Hermes Inc. now owns 161,146 shares of the company’s stock valued at $398,000 after acquiring an additional 160,864 shares in the last quarter. Institutional investors and hedge funds 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.
Read More
- Five stocks we like better than Expensify
- What is a Low P/E Ratio and What Does it Tell Investors?
- Hasbro’s Management Made All the Right Calls This Quarter
- The “How” and “Why” of Investing in 5G Stocks
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Why Invest in High-Yield Dividend Stocks?
- Power Surge: Utilities Sector’s Resilience Shines
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.