Expensify, Inc. (NASDAQ:EXFY - Get Free Report) CEO David Michael Barrett sold 13,300 shares of Expensify stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1.75, for a total value of $23,275.00. Following the transaction, the chief executive officer now owns 1,311,138 shares of the company's stock, valued at $2,294,491.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
David Michael Barrett also recently made the following trade(s):
- 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 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.
- On Monday, March 18th, David Michael Barrett sold 81,301 shares of Expensify stock. The shares were sold at an average price of $1.86, for a total value of $151,219.86.
- On Friday, March 15th, David Michael Barrett sold 80,082 shares of Expensify stock. The shares were sold at an average price of $1.97, for a total value of $157,761.54.
- On Monday, March 11th, David Michael Barrett sold 7,311 shares of Expensify stock. The shares were sold at an average price of $2.14, for a total value of $15,645.54.
Expensify Stock Up 3.8 %
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Shares of NASDAQ EXFY opened at $1.62 on Thursday. Expensify, Inc. has a fifty-two week low of $1.50 and a fifty-two week high of $8.69. The business has a fifty day moving average price of $1.84 and a two-hundred day moving average price of $2.30.
Expensify (NASDAQ:EXFY - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.06). Expensify had a negative return on equity of 41.91% and a negative net margin of 27.70%. The business had revenue of $35.20 million for the quarter, compared to analyst estimates of $36.85 million. During the same period last year, the firm posted ($0.04) EPS. Expensify's quarterly revenue was down 19.1% on a year-over-year basis. As a group, equities analysts anticipate that Expensify, Inc. will post -0.19 EPS for the current fiscal year.
Hedge Funds Weigh In On Expensify
Institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC raised its holdings in shares of Expensify by 63.5% during the 3rd quarter. Hsbc Holdings PLC now owns 55,876 shares of the company's stock worth $184,000 after buying an additional 21,700 shares in the last quarter. Barclays PLC raised its holdings in shares of Expensify by 433.4% during the 3rd quarter. Barclays PLC now owns 105,759 shares of the company's stock worth $344,000 after buying an additional 85,931 shares in the last quarter. Walleye Capital LLC raised its holdings in shares of Expensify by 396.1% during the 3rd quarter. Walleye Capital LLC now owns 714,537 shares of the company's stock worth $2,322,000 after buying an additional 570,495 shares in the last quarter. Aigen Investment Management LP acquired a new position in Expensify in the 3rd quarter worth about $134,000. Finally, Quadrature Capital Ltd acquired a new position in Expensify in the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 68.42% of the company's stock.
Analysts Set New Price Targets
Separately, Piper Sandler dropped their price objective on Expensify from $3.00 to $2.00 and set a "neutral" rating for the company in a report on Friday, February 23rd. Two equities research 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's stock. According to data from MarketBeat.com, Expensify presently has an average rating of "Hold" and an average target price of $6.50.
Check Out Our Latest Research Report on Expensify
Expensify Company Profile
(
Get Free Report)
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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