Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 12,801 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $1.98, for a total value of $25,345.98. Following the completion of the sale, the chief executive officer now directly owns 3,235,904 shares in the company, valued at $6,407,089.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Michael Barrett also recently made the following trade(s):
- On Wednesday, August 7th, David Michael Barrett sold 16,260 shares of Expensify stock. The stock was sold at an average price of $1.52, for a total transaction of $24,715.20.
- On Monday, August 5th, David Michael Barrett sold 16,330 shares of Expensify stock. The shares were sold at an average price of $1.51, for a total transaction of $24,658.30.
- On Friday, August 2nd, David Michael Barrett sold 15,475 shares of Expensify stock. The shares were sold at an average price of $1.61, for a total transaction of $24,914.75.
- On Wednesday, July 31st, David Michael Barrett sold 1,500 shares of Expensify stock. The stock was sold at an average price of $1.84, for a total value of $2,760.00.
- On Monday, July 29th, David Michael Barrett sold 9,994 shares of Expensify stock. The shares were sold at an average price of $1.92, for a total value of $19,188.48.
- On Friday, July 26th, David Michael Barrett sold 13,140 shares of Expensify stock. The stock was sold at an average price of $1.93, for a total value of $25,360.20.
- On Wednesday, July 24th, David Michael Barrett sold 12,850 shares of Expensify stock. The shares were sold at an average price of $1.98, for a total value of $25,443.00.
- On Monday, July 22nd, David Michael Barrett sold 13,560 shares of Expensify stock. The stock was sold at an average price of $1.87, for a total transaction of $25,357.20.
- On Friday, July 19th, David Michael Barrett sold 13,350 shares of Expensify stock. The shares were sold at an average price of $1.89, for a total transaction of $25,231.50.
- On Wednesday, July 17th, David Michael Barrett sold 12,385 shares of Expensify stock. The shares were sold at an average price of $2.07, for a total transaction of $25,636.95.
Expensify Stock Performance
Expensify stock opened at $2.10 on Monday. Expensify, Inc. has a one year low of $1.24 and a one year high of $4.84. The stock has a fifty day moving average of $1.66 and a 200 day moving average of $1.72. The stock has a market cap of $181.64 million, a PE ratio of -4.38 and a beta of 1.48.
Institutional Trading of Expensify
Large investors have recently added to or reduced their stakes in the business. Wealthspire Advisors LLC raised its position in Expensify by 40.7% in the second quarter. Wealthspire Advisors LLC now owns 66,212 shares of the company’s stock worth $99,000 after acquiring an additional 19,157 shares during the period. Azora Capital LP purchased a new position in Expensify during the fourth quarter valued at $61,000. Mackenzie Financial Corp bought a new stake in Expensify during the fourth quarter valued at about $75,000. Quadrature Capital Ltd purchased a new stake in Expensify in the first quarter worth about $65,000. Finally, Aristides Capital LLC bought a new position in shares of Expensify in the fourth quarter worth about $134,000. 68.42% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several brokerages have commented on EXFY. Citigroup cut their target price on Expensify from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. JMP Securities upgraded Expensify from a “market perform” rating to an “outperform” rating and set a $2.50 price objective for the company in a report on Friday. Finally, Morgan Stanley upgraded shares of Expensify from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Expensify currently has an average rating of “Hold” and an average price target of $2.63.
Read 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.
Recommended Stories
- Five stocks we like better than Expensify
- Using the MarketBeat Dividend Tax Calculator
- Why Wall Street Analysts Raised Price Targets for Suncor Stock
- How to Capture the Benefits of Dividend Increases
- Is Super Micro Computer a Buy After Shares Sink 20% on Earnings?
- What does consumer price index measure?
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
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.