Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 14,091 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $1.78, for a total transaction of $25,081.98. Following the transaction, the chief executive officer now directly owns 892,158 shares of the company’s stock, valued at $1,588,041.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
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 stock was sold at an average price of $1.70, for a total transaction of $24,956.00.
- On Monday, May 20th, David Michael Barrett sold 14,643 shares of Expensify stock. The stock was sold at an average price of $1.70, for a total value of $24,893.10.
- 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 value of $25,020.45.
- On Wednesday, May 15th, David Michael Barrett sold 14,346 shares of Expensify stock. The stock was sold at an average price of $1.75, for a total value of $25,105.50.
- 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 stock was 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 stock was 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 value of $24,922.80.
- On Monday, April 29th, David Michael Barrett sold 1,500 shares of Expensify stock. The shares were sold at an average price of $1.61, for a total value of $2,415.00.
Expensify Price Performance
NASDAQ EXFY opened at $1.66 on Friday. Expensify, Inc. has a 12 month low of $1.40 and a 12 month high of $8.25. The stock’s 50 day moving average is $1.68 and its 200 day moving average is $1.96.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. SVB Wealth LLC boosted its stake in Expensify by 63.9% during the fourth quarter. SVB Wealth LLC now owns 3,359,037 shares of the company’s stock valued at $8,297,000 after buying an additional 1,309,037 shares during the last quarter. Walleye Capital LLC increased its stake in Expensify by 396.1% in the 3rd quarter. Walleye Capital LLC now owns 714,537 shares of the company’s stock worth $2,322,000 after acquiring an additional 570,495 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Expensify by 16.6% during the 1st quarter. Vanguard Group Inc. now owns 3,346,715 shares of the company’s stock valued at $6,158,000 after acquiring an additional 476,687 shares during the last quarter. Palogic Value Management L.P. grew its holdings in shares of Expensify by 33.3% in the fourth quarter. Palogic Value Management L.P. now owns 800,000 shares of the company’s stock valued at $1,976,000 after purchasing an additional 200,000 shares in the last quarter. Finally, Federated Hermes Inc. increased its position in Expensify by 57,044.0% in the fourth quarter. Federated Hermes Inc. now owns 161,146 shares of the company’s stock worth $398,000 after purchasing an additional 160,864 shares during the last quarter. Hedge funds and other institutional investors own 68.42% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Piper Sandler decreased their price objective on Expensify from $3.00 to $2.00 and set a “neutral” rating on the stock in a research note on Friday, February 23rd. Citigroup lowered their price target on shares of Expensify from $5.00 to $4.00 and set a “buy” rating on the stock in a report on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.20.
Get Our Latest Analysis on Expensify
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.
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