Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 16,660 shares of the firm’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $1.48, for a total value of $24,656.80. Following the transaction, the chief executive officer now directly owns 1,807,147 shares in the company, valued at approximately $2,674,577.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
David Michael Barrett also recently made the following trade(s):
- On Monday, July 8th, David Michael Barrett sold 16,874 shares of Expensify stock. The stock was sold at an average price of $1.46, for a total value of $24,636.04.
- On Wednesday, July 3rd, David Michael Barrett sold 16,474 shares of Expensify stock. The stock was sold at an average price of $1.50, for a total value of $24,711.00.
- On Monday, July 1st, David Michael Barrett sold 16,200 shares of Expensify stock. The stock was sold at an average price of $1.53, for a total value of $24,786.00.
- On Friday, June 28th, David Michael Barrett sold 16,630 shares of Expensify stock. The stock was sold at an average price of $1.49, for a total transaction of $24,778.70.
- On Wednesday, June 26th, David Michael Barrett sold 16,300 shares of Expensify stock. The stock was sold at an average price of $1.51, for a total transaction of $24,613.00.
- On Monday, June 24th, David Michael Barrett sold 16,860 shares of Expensify stock. The stock was sold at an average price of $1.46, for a total transaction of $24,615.60.
- On Thursday, June 20th, David Michael Barrett sold 18,430 shares of Expensify stock. The stock was sold at an average price of $1.32, for a total transaction of $24,327.60.
- On Monday, June 17th, David Michael Barrett sold 11,072 shares of Expensify stock. The shares were sold at an average price of $1.34, for a total transaction of $14,836.48.
- On Friday, June 14th, David Michael Barrett sold 17,740 shares of Expensify stock. The shares were sold at an average price of $1.38, for a total transaction of $24,481.20.
- On Wednesday, June 12th, David Michael Barrett sold 16,970 shares of Expensify stock. The shares were sold at an average price of $1.45, for a total transaction of $24,606.50.
Expensify Stock Performance
EXFY stock opened at $1.91 on Thursday. The stock has a market capitalization of $165.20 million, a P/E ratio of -3.98 and a beta of 1.47. Expensify, Inc. has a one year low of $1.24 and a one year high of $8.25. The company has a 50 day moving average price of $1.58 and a two-hundred day moving average price of $1.76.
Analyst Ratings Changes
EXFY has been the subject of a number of research reports. JMP Securities reiterated a “market perform” rating on shares of Expensify in a research report on Friday, June 14th. Citigroup dropped their price objective on shares of Expensify from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Finally, Morgan Stanley raised shares of Expensify from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $4.20.
Read Our Latest Research Report on Expensify
Hedge Funds Weigh In On Expensify
Hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC boosted its holdings in shares of Expensify by 63.5% in the 3rd quarter. Hsbc Holdings PLC now owns 55,876 shares of the company’s stock valued at $184,000 after purchasing an additional 21,700 shares during the last quarter. Walleye Capital LLC boosted its holdings in shares of 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 purchasing an additional 570,495 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of Expensify in the 3rd quarter valued at $35,000. Citigroup Inc. boosted its holdings in shares of Expensify by 186.5% in the 3rd quarter. Citigroup Inc. now owns 49,589 shares of the company’s stock valued at $161,000 after purchasing an additional 32,279 shares during the last quarter. Finally, Mackenzie Financial Corp acquired a new position in shares of Expensify during the 4th quarter valued at $75,000. Institutional investors and hedge funds own 68.42% of the company’s stock.
About Expensify
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.
Further Reading
- Five stocks we like better than Expensify
- 3 Tickers Leading a Meme Stock Revival
- This Stock’s Price Shifts Into High Gear With Analyst Upgrades
- Health Care Stocks Explained: Why You Might Want to Invest
- AI Boosts Glass Tech Leader Stock: Shares Up 75% and More to Come
- How to Use High Beta Stocks to Maximize Your Investing Profits
- AI Partnership Boosts This Top Tech Stock: Ready for More Gains?
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.