Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 17,190 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $1.44, for a total value of $24,753.60. Following the completion of the transaction, the chief executive officer now owns 1,165,774 shares of the company’s stock, valued at approximately $1,678,714.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Wednesday, April 17th, David Michael Barrett sold 16,575 shares of Expensify stock. The shares were sold at an average price of $1.49, for a total value of $24,696.75.
- On Thursday, April 11th, David Michael Barrett sold 16,740 shares of Expensify stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $1.57, for a total value of $24,793.44.
- On Monday, April 1st, David Michael Barrett sold 13,300 shares of Expensify stock. The shares were sold at an average price of $1.75, for a total value 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.
- On Monday, March 25th, David Michael Barrett sold 85,730 shares of Expensify stock. The shares were sold at an average price of $1.77, for a total value of $151,742.10.
- On Friday, March 22nd, David Michael Barrett sold 83,289 shares of Expensify stock. The shares were sold at an average price of $1.82, for a total value of $151,585.98.
- On Wednesday, March 20th, David Michael Barrett sold 11,627 shares of Expensify stock. The shares were sold at an average price of $1.91, for a total value of $22,207.57.
Expensify Price Performance
EXFY stock opened at $1.51 on Thursday. Expensify, Inc. has a 12-month low of $1.40 and a 12-month high of $8.64. The stock’s 50 day simple moving average is $1.81 and its 200 day simple moving average is $2.18.
Institutional Investors Weigh In On Expensify
Several large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its position in Expensify by 63.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 265,787 shares of the company’s stock worth $656,000 after buying an additional 102,738 shares during the period. Virtu Financial LLC acquired a new stake in Expensify in the fourth quarter worth $56,000. Barclays PLC increased its position in Expensify by 10.8% in the fourth quarter. Barclays PLC now owns 117,156 shares of the company’s stock worth $289,000 after buying an additional 11,397 shares during the period. Occudo Quantitative Strategies LP increased its position in Expensify by 109.6% in the fourth quarter. Occudo Quantitative Strategies LP now owns 86,012 shares of the company’s stock worth $212,000 after buying an additional 44,973 shares during the period. Finally, Prelude Capital Management LLC increased its position in Expensify by 17.7% in the fourth quarter. Prelude Capital Management LLC now owns 51,300 shares of the company’s stock worth $127,000 after buying an additional 7,700 shares during the period. 68.42% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Piper Sandler dropped 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 investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $6.50.
View Our Latest 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
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Planet Labs Soars Fueled by AI Data Demand
- What is the Dogs of the Dow Strategy? Overview and Examples
- These are the Top 4 Stocks for Buybacks in 2024
- What is the FTSE 100 index?
- United Airlines Soars on Earnings Beat
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.