Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 11,550 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $2.24, for a total value of $25,872.00. Following the completion of the transaction, the chief executive officer now owns 1,741,417 shares of the company’s stock, valued at $3,900,774.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
David Michael Barrett also recently made the following trade(s):
- On Wednesday, July 10th, David Michael Barrett sold 12,300 shares of Expensify stock. The shares were sold at an average price of $2.07, for a total value of $25,461.00.
- On Monday, July 8th, David Michael Barrett sold 16,874 shares of Expensify stock. The shares were sold at an average price of $1.46, for a total value of $24,636.04.
- On Friday, July 5th, David Michael Barrett sold 16,660 shares of Expensify stock. The shares were sold at an average price of $1.48, for a total value of $24,656.80.
- On Wednesday, July 3rd, David Michael Barrett sold 16,474 shares of Expensify stock. The shares were 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 shares were 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 shares were sold at an average price of $1.49, for a total value of $24,778.70.
- On Wednesday, June 26th, David Michael Barrett sold 16,300 shares of Expensify stock. The shares were sold at an average price of $1.51, for a total value of $24,613.00.
- On Monday, June 24th, David Michael Barrett sold 16,860 shares of Expensify stock. The shares were sold at an average price of $1.46, for a total value of $24,615.60.
- On Thursday, June 20th, David Michael Barrett sold 18,430 shares of Expensify stock. The shares were sold at an average price of $1.32, for a total value of $24,327.60.
- On Monday, June 17th, David Michael Barrett sold 11,072 shares of Expensify stock. The stock was sold at an average price of $1.34, for a total value of $14,836.48.
Expensify Price Performance
Expensify stock opened at $2.10 on Thursday. The stock’s fifty day moving average price is $1.62 and its two-hundred day moving average price is $1.75. Expensify, Inc. has a one year low of $1.24 and a one year high of $8.15. The firm has a market cap of $181.63 million, a PE ratio of -4.38 and a beta of 1.47.
Hedge Funds Weigh In On Expensify
Hedge funds and other institutional investors have recently modified their holdings of the business. Walleye Capital LLC increased its stake 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. Citigroup Inc. increased its stake 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. Mackenzie Financial Corp bought a new position in shares of Expensify in the 4th quarter valued at $75,000. Federated Hermes Inc. increased its stake in shares of Expensify by 57,044.0% in the 4th quarter. Federated Hermes Inc. now owns 161,146 shares of the company’s stock valued at $398,000 after purchasing an additional 160,864 shares during the last quarter. Finally, Azora Capital LP bought a new position in shares of Expensify in the 4th quarter valued at $61,000. Institutional investors own 68.42% of the company’s stock.
Analysts Set New Price Targets
EXFY has been the subject of several research reports. Citigroup dropped their price target on Expensify from $5.00 to $4.00 and set a “buy” rating for the company in a report on Tuesday, April 23rd. Morgan Stanley raised Expensify from an “underweight” rating to an “equal weight” rating in a report on Tuesday, May 28th. Finally, JMP Securities reissued a “market perform” rating on shares of Expensify in a report on Friday, June 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.20.
Check Out Our Latest Stock 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.
Featured Stories
- Five stocks we like better than Expensify
- Do ETFs Pay Dividends? What You Need to Know
- Real Estate Stock Signals a Boom in Manufacturing Activity
- How Can Investors Benefit From After-Hours Trading
- This Medical Giant’s Stock Rebounds: A 15% Upside Is the Minimum
- What Makes a Stock a Good Dividend Stock?
- Financial Giant’s Shares Soar on EPS Beat and Record Asset Levels
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.