Anuradha Muralidharan Sells 12,320 Shares of Expensify, Inc. (NASDAQ:EXFY) Stock

Expensify, Inc. (NASDAQ:EXFY) COO Anuradha Muralidharan sold 12,320 shares of Expensify stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $3.85, for a total transaction of $47,432.00. Following the completion of the sale, the chief operating officer now directly owns 4,614 shares in the company, valued at approximately $17,763.90. This represents a 72.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Anuradha Muralidharan also recently made the following trade(s):

• On Monday, December 16th, Anuradha Muralidharan sold 2,676 shares of Expensify stock. The stock was sold at an average price of $3.84, for a total transaction of $10,275.84.
• On Tuesday, December 3rd, Anuradha Muralidharan sold 29,410 shares of Expensify stock. The shares were sold at an average price of $3.40, for a total transaction of $99,994.00.
• On Thursday, November 14th, Anuradha Muralidharan sold 5,739 shares of Expensify stock. The shares were sold at an average price of $2.93, for a total transaction of $16,815.27.

Expensify Price Performance

EXFY stock opened at $3.56 on Friday. Expensify, Inc. has a one year low of $1.24 and a one year high of $4.13. The stock has a market cap of $274.68 million, a PE ratio of -19.78 and a beta of 1.90. The firm has a 50 day simple moving average of $2.69 and a two-hundred day simple moving average of $2.19.

Hedge Funds Weigh In On Expensify

A number of hedge funds and other institutional investors have recently bought and sold shares of EXFY. Walleye Capital LLC boosted its stake in shares of Expensify by 42.1% in the 3rd quarter. Walleye Capital LLC now owns 603,506 shares of the company’s stock valued at $1,183,000 after purchasing an additional 178,911 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Expensify by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 514,948 shares of the company’s stock valued at $1,010,000 after purchasing an additional 52,385 shares in the last quarter. RBF Capital LLC boosted its stake in shares of Expensify by 10.9% in the 3rd quarter. RBF Capital LLC now owns 482,754 shares of the company’s stock valued at $946,000 after purchasing an additional 47,389 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Expensify by 25.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 308,065 shares of the company’s stock valued at $604,000 after purchasing an additional 63,052 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Expensify in the 3rd quarter valued at $183,000. Hedge funds and other institutional investors own 68.42% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on EXFY. Citigroup boosted their price target on shares of Expensify from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Monday. JMP Securities lowered shares of Expensify from an “outperform” rating to a “market perform” rating in a research report on Monday, November 25th.

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.